May, opening in Qingdao Economic and Technological Development Zone, was formally established, formerly named was Qingdao Beijiang Auto Accessories Factory.
May, Haizhiguan Automotive Components Co.,Ltd is founded. July, Employees researching the first broaching machine, beginning the era of the homemade ring gear blank.
December, Qingdao Beijing Auto Accessories Factory renamed Qingdao Haizhiguan Automotive Components Co.,Ltd, scale 5 times bigger.
December, trial production car engine flywheel assembly.The first HZG flywheel assembly was born.
Started to cooperate with the American companies, the development flywheel assemblies were ready to enter the foreign markets.
April 6th, the first container flywheel assemblies were exported to the American market.
October, setting up the casting workshop, into the era of homemade blank.
May, Qingdao Haizhiguan Automotive Components Co.,Ltd, the company headquarter moved to the new factory area of Lingang Industrial park, scale 3 times bigger.
May, started producing the Mercedes trucks, the MANs’ flywheel assemblies, entered the Europe and the Middle East markets.
August, started producing shell, gear, gear cover, wheel hub, block and other products.
August, annual output of 5000 tons of casting mold factory started production.
July, the automatic molding line imported from Japan started production.