Chronological of Events 1976 Successfully installed the first elevator in Shanghai 1978 Joined the China Elevators Association 1983 Successfully penetrated into ShenZhen market 1983 Started to produce cargo lift with a carrying capacity of ≥ 5 tons 1985 One of China’s top 14 nominated builders of elevators 1985 Successfully produced its first high speed elevator 1987 One of 12 companies in China to be awarded the license to mass produce elevators 1989 Started to produce passenger elevators with microprocessor controller 1990. Successfully installed its first escalator 1991. Successfully produced computer controlled ACVV elevators 1993. Joint ventured with Beckett Elevator, a Canadian company and MBf-Norinco Sdn Bhd, a Malaysian company MBf-Xinma Elevator Co., Ltd was established. 1993 Was awarded an inspection free certificate by Zhejiang province authority. 1994 Successfully produced panoramic elevators with a high speed of 2.3m/s. It was China’s fastest OB series of panoramic elevators. 1995 Recognized by the provincial government as been one of China’s high tech enterprise. 1995 Commended as one of China’s top ten best sellers of elevators. 1996 Commended as China’s ten best customer’s satisfaction in the categories of passenger escalator, cargo lift and after sales service. 1996 Started to produce BM20VF high speed passenger elevators 1996 started to produce XEM series escalators. 1997 successfully installed first hydraulic elevator in Beijing government building. 1997 Started to produce RE series residential elevators 1997 started to produce variable frequency speed control system for cargo lift. 1997 Started to produce XPP series escalators 1998 started to produce MBf series elevators with no machine rooms. 1998 Started to produce variable frequency series escalators 1999 was awarded a nation wide “Top Ten Brand Names” award. 1999 Was awarded “BS EN ISO9001: 1994” certificate by UKAS Quality Management- EAC code: 19/28 1999 Commended by China Quality Association as China’s ten best customer’s satisfaction in the categories of passenger escalator, cargo lift and after sales service. 2000 was awarded China’s “Top Ten” elevator brands 2000 Started to produce “BM-32” series PCB board microprocessor control system. 2001 Started to produce “XM star” series of new generation elevator 2001 Started to produce”XM-G” series of environmental friendly brands 2002- Commended as “One of Most Reliable Corporation in Jiangde Town” 2002- Commended as a corporation with ”Good Quality and Highly Reliable” in ZheJiang Province 2002- Commended as a corporation with an excellent after sales service nationwide. 2003- Commended as one of “Top Ten Brands” within the Elevator industry. 2003- Panoramic Elevator –OB Series –Commended as “ One of Most Reliable Product” in Zhejiang Province.