The group company completed the transition to an overall shareholding system, and it was renamed as Sichuan Chanhen Chemical Corporation. This marked the beginning of its journey towards standardized and modern enterprise development.

Capacity expansion and technology improvement of Guizhou factory and the post-disaster reconstruction of Sichuan factory were completed successively. As a result, the annual capacity of phosphate exceeded 400,000 tons.

In the same year, the company launched a new type of monoammonium phosphate, marking its entry into the fertilizer and firefighting fields. This expansion led to a stable adjustment in the product structure.

The group successfully completed two rounds of private financing, significantly enhanced its capital strength. This laid the capital base for the enterprise's growth.

The sales revenue of the entire company exceeded 1 billion CNY milestone, and reached 1.15 billion RMB.