Awarded the Zhejiang Provincial honor for a specialized, refined and distinctive small enterprise

Certified as a High-Tech Enterprise

Moved Jiangxi Wolan's equipment and projects to Jingdezhen Development Zone and renamed the site Jiangxi SFT.

Invested in and established Henan Yongnuo Technology, mainly to produce agrochemical intermediates.

Set up a separate R&D company, Hangzhou SFT

Took a stake in Jiangxi Wolan, which mainly produces intermediates and acrylate monomers.

Took a stake in Jiangxi Ruihe Special Materials, which mainly produces upstream and downstream boron products.

Obtained ISO 9001 quality-system certification

Opened a new laboratory in Binjiang, Hangzhou, for research on new chemical materials. Built a production line and a pilot plant in Fenghua, Ningbo, and started manufacturing.

Established Hangzhou Volant Technology Co., Ltd. and started domestic trading

Established Volant Group and started international trading