| 1998 |
We were among the first leather manufacturer in China to switch from using hog skin to cowhides. |
| 2000 |
We extended our value chain in upholstered furniture manufacturing and started full-scale production and export of leather furniture covers. |
| 2001 |
We started the production and export of leather upholstered furniture. |
| 2003 |
We were the first in China to begin commercial sales of automotive leather to capture potential outsourcing opportunities.
Warburg Pincus invested in us and became our second largest shareholder. |
| 2004 |
We commenced full-scale production of fabric upholstered furniture and fabric furniture covers to meet market demand.
With the expected increase in outsourcing, we also created an upholstered furniture manufacturing park, i.e. Higher Point Sofa Industrial Park. |
| 2005 |
Successfully listed on the main board of the Stock Exchange of Hong Kong.
We also established a joint-venture with Melx of Japan and started to produce footwear leather. |
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