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Sichuan Guomao was established, with its headquarters in Chengdu. It mainly engaged in the supply of chemical raw materials.
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The company carried out a shareholding reform and established a project department.
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The company began to comprehensively construct and use the ERP management system to achieve systematic management.
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The company expanded its business scope across the country and established offices in Southwest, Northwest, East China, and South China.
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The company combined production with trade. The entity mainly produced textile chemical raw materials. In the same year, the company started to expand into overseas markets: Africa, Southeast Asia, and South America.
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ZhongHongda Technology, a subsidiary of the group, was officially established.
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The company fully promoted the management concept of "Four - modernization construction"and established a Singaporean subsidiary.
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Subsidiaries were established in Hanoi, Vietnam; New York, the United States; and Jakarta, Indonesia.