• Established SM(H.K.) Subsidiary Company / Factor in Dongguan, China

• Moved to new factory in Dongguan, China
• Established Tianjin Corporation in China

• Established Huizhou Corporation in China

• Established Weihai Corporation in China

• Established the Subsidiaries in SM(HZ, TJ, WH)

• Established Vietnam, Philippines Corporation

• The KOSDAQ Stock market listing

• Established Malaysia Corporation

• Acquisition Industrias Gol in Spain & Rumagol in Romania