Established Toyo Shenlanhua Pigment Co., Ltd. as a joint venture with Japan’s Toyo Ink Co., Ltd

Wholly-owned acquisition of Yinchuan Baihong New Material Technology Company

Achieve the goal of network-wide informatization of the production workshop

Learn and apply BASF's horizontal ball milling process

Invest 70 million yuan to introduce the core technology of Toyo Ink SC for CPC production

Successfully approved as a national’s high-tech enterprise

The annual output exceeded 2,000 tons and the annual revenue exceeded 100 million yuan