Established Zhangjiagang Hongyu Artificial Leather Co., Ltd.
Established Hongyu Shengze Fabric Office
Established Hongyu High-tech Composite Fabric (Suzhou) Co., Ltd.
Established Shanghai Jiuyu Textile Technology Co., Ltd.
Established Boyu Fiber Technology (Suzhou) Co., Ltd.
In December, Hongyu artificial leather changed its name to Zhangjiagang Hongyu New Material Co., Ltd.
Established Suzhou Yongyu Textile Technology Co., Ltd.