Set up the factory and started manufacturing of hydraulic hose fitting

Company COFAR were officially established

Full range of cold forming ferrules were approved by customer Ryco

Expand investments in R&D and equipments, attained several invention patents

Be recognized as ”National High-tech Enterprise”

Set up a new factory with a independent team,total sales exceeds100million RMB

Introduce "points management" system, yearly sales increased by 50%

Introduce ERP/MES/WMS and other information management systems to deploy intelligent manufacturing

Establish four business divisions and release COFAR 2.0 development strategy