Began to develop fully automatic magnetizing equipment, used in magnetic materials, motor manufacturing and other fields.
In cooperation with Cummins, magnetizing equipment enters the field of hybrid electric vehicles.
Demagnetization equipment into the European market, exported to Germany, Italy and other countries.
Established a sales office in South China (Shenzhen).
Established Shengzhou Magnetic Technology Co., Ltd., the company moved to the City Economic Development Zone Huafa East Road.
Partial charging demagnetization equipment exported to the United States, Canada, Mexico and other regions.
Began to develop and produce magnetic measuring equipment and charging demagnetization machine on-line, realize the magnetization, measurement, sorting integration mode.
Began production of magnetic coil cooling equipment, greatly improving the operating time and availability of equipment.
Magnetizing equipment began to export to Southeast Asia.
Part of the magnetizing equipment into Taiwan-funded enterprises, replacing imported equipment.
Factory relocated to Chengbei Economic development Zone Boat Lake, began production of high-power magnetizing equipment, a variety of magnetic coil and fixture, product coverage electroacoustic, motor, magnetic materials, such as charging demagnetization.
Established Shengzhou magnetic Power Equipment factory, began production of loudspeaker series magnetizing equipment.