Establish Welbon Trading Co., Ltd. with registered capital of 1 million RMB
Change name in to Zhejiang Welbon Pulp & Paper Co., Ltd
Extend to downstream – special paper industry by establish Anhui Winbon Special Paper Co., Ltd
Establish Zhejiang Winbon Specialcy Paper Co., Ltd.
Establish Anqing Winbon Specialcy Paper Co., Ltd.
Establish Welbon Gaosen Paper Co., Ltd.
Establish Welbon Group, including five subsidiaries.
Change name of Welbon Gaosen to Welbon Specialcy Paper Co., Ltd and IPO.
Establish Sino-German joint venture, Winbon Schoeller New Materials Co., Ltd. with registered capital of 570 million RMB
Acquire Zhejiang Grandrich New Materials Co., Ltd. and change name to Winbon Technocell New Materials Co., Ltd.
Increase the registered capital of Welbon Group to 180 million RMB.
PM9 prorject with 75000 Mt capacity running in LY2 mill.