Banfert was established, and operations commenced at the Longling Industrial Park in Yiyang, marking a strategic penetration into the Northeast and East China markets.

The completion and initiation of operations at the Changsha production base formalized UV and water-based coatings as the designated strategic development focus for Banfert.

The establishment of Banfert Business School, in collaboration with Hunan University, the Environment-Friendly High-Performance Coating Research Center was built. The company also expanded its market presence into Vietnam.

Significant expansion took place with the addition of two major production bases in Guangdong and Shandong. This move facilitated the streamlined integration of resin synthesis research and production resources; New business segments, including consumer packaging materials and coil coating, were introduced.

The establishment of a production base for innovative film materials in Jiangsu; The completion of the transition to a joint-stock company in the same year.

The successful completion and commencement of operations at the headquarters base

Formalized a successful contract signing with Klebchemie for the "Klebchemie Asia-Pacific Research Center and Production Base Project." ；Vietnam wholly-owned subsidiary set up and put into operation; Production base in Thailand started construction.