Mr. Zhang Baohua, founder of Qingdao Huaxin, has been engaged in the foundry industry.

Qingdao Huaxin began R&D and production of shot blasting machines.

Qingdao Huaxin Casting Machinery Co., Ltd. has been officially established.

Qingdao Effect Machinery Co., Ltd. was officially founded. Its molding machines, core shooting machines and other products sell well all over the country.

Qingdao Efficient Molding Machinery Co., Ltd., a China-French joint venture, was established. By year-end, its first static pressure molding line was successfully commissioned in Taizhou, Zhejiang.

By integrating advanced squeeze and counter-squeeze molding and air-flow pre-compaction technologies from abroad, Qingdao Huaxin has upgraded its static/high pressure molding line.

Following a shareholding reform, Qingdao Huaxin Shengye Foundry Machinery Co., Ltd. was established. Automatic static pressure molding lines and automatic resin sand casting production lines became its best-selling products.

Following five years of research and development, Qingdao Huaxin launched its patented green sand continuous mixer and fully automatic three-axis pouring machine in Rizhao, Shandong.

Qingdao Jinglan Environmental Protection Equipment Co., Ltd. was founded, dedicated to the production of environmental protection and dust collection equipment.