LEO invested 1 billion CNY for construction of a new plant with 270,000 square meters.
Renamed as LEO Group Co.,Ltd.
- Dalian Huaneng Corrosion-Resistant Pump Works was acquired.
- Wuxi Xi Pump Manufacture Co., Ltd was acquired.
- Changsha Swan Industrial Pump Co., Ltd was acquired.
- LEO's laboratory was recognized as National Certified Enterprise's Technical Center.
- Hunan LEO Co., Ltd. was established.
- Wenling LEO Garden Machinery Co., Ltd. was established.
LEO was recognized as a National Hi-tech Enterprise.
The sales turnover exceeded 1 billion Yuan.
- Got listed in Shenzhen Stock Market.
- Zhejiang Danau Industriies Co. Ltd was acquired.
Renamed as Zhejiang Leo Co., Ltd.
- LEO was recognized as a Hi-tech Enterprise of Zhejiang province.
- Pumps under LEO and Xinke brand were honored as National Inspection-free Products.
- LEO became No. 1 pump exporter of Zhejiang province and No. 3 in Mainland China.
- LEO was appointed by the Agricultural Machinery Society to draft Production Standard of garden pumps.
- The sales turnover exceeded 100 million Yuan.
LEO took part in the formulation of National Standard for Micro-pumps.
- LEO pumps were exported to EU. LEO became the first pump manufacturer in China who's able to export pumps to EU.
- Taizhou Leo Electric Co., Ltd. was established.
The first international certificate was acquired.
Wenling Xinke Pump Research Institute was established.