XPE FOAM and IXPE FOAM were put into production.
◎"Be considered as the High- technology company in Shenzhen City;
◎In the meantime, we expanded the scale of the factory and relocated in the New Guangming District.
◎With the area of 12000 square meters, and became the biggest supplier of cross-linked PE material in southern China".
◎Renamed as the SHENZHEN CYG TEFA TECHNOLOGY COOPERATION COMPANY.
◎Having the capital of RMB12 million and exploited the overseas market.
Be considered as the National High-tech.
Set up the HANGZHOU subsidiary company, and developed the eastern China market
Added three production lines
The total turnover reached more than one billion yuan
Chongqing subsidiary was established and developed the southwestern market
◎The total turnover reached 20millions yuan, successfully developed the Spray film and glue coating.
◎Entered automotive industry market.
◎Finished the transformation of the vertical furnace successively,
◎Managed to produce the item, which has the less than 1mm thickness
Set up the subsidiary company in HUZHOU, with registered capital of 10millions.
Fast development in the east of China market.
Oversea department was established, the total annual income reached 88 million RMB., in which 50% was from the automotive interior.