Hengshun Zhongsheng Group Co., Ltd was organized to realize the strategic transformation to internationalization, business diversity and platform production. 

Subsidiaries in South Africa and Zimbabwe were established.

The construction of Hengshun Zhongsheng Sulawesi Industrial Park in Indonesia commenced

A number of nickel and manganese mines were acquired as reserves

PT. Transon Bumindo Resources was established

Coal mines and wharfs were acquired to engage in mining services

H&Shun International Holdings Pte. Ltd. was established in Singapore

The Company was listed on GEM of the Shenzhen Stock Exchange (stock code: 300208), and registered capital was increased to CNY 280 million

Energy Performance Contracting was executed
       Overseas investment started

The Company underwent reform and was renamed as Qingdao Evercontaining Electric Co., Ltd. with registered capital increased to CNY 51 million

The Company settled into airport industrial park, covering an area of 100 mu, with registered capital increased to CNY 40 million

The first high-voltage filter device exported to Kazakhstan was put into operation

Overall solution for power grid featuring environmental protection and energy conservation was offered to clients

Sales volume and output value exceeded CNY one hundred million

Qingdao Evercontaining Electric Co., Ltd. was established