Revenue hit 2 billion yuan(¡Ö300 million US dollars); in September, invested in and took control of Ningxia Water Conservancy and Hydropower Survey and Design Institute Co., Ltd., and entered the steel-plastic composite pipe market
Founded with investment from the former Ministry of Water Resources and Electric Power of China
Maintained an annual revenue of 2 billion yuan(¡Ö300 million US dollars) for four consecutive years
Thecompanyrevenue exceeded 100 million yuan(¡Ö 15 million US dollars) for the first time
Implemented the factory director responsibility system, with Chen Jiaxing democratically elected as the factory director.
1989
Completed shareholding system reform and entered the plastic pipe industry
1998
August 2010: Listed on the Shenzhen Stock Exchange