Fafan achieved a historic sales record of $5 million, marking a 100% increase from the previous year.

the company established an Innovative Solution Center to drive research and development in process control and automation technology. The same year, it achieved a market share of 28% in Southeast Asia.

Fafan obtained ASME certification and expanded into European markets such as the Netherlands and France.

annual sales surpassed $3 million, and the Phase I of the Shanghai factory was completed and put into operation.

sales exceeded $1 million, marking its emergence as a major industrial valve manufacturer and the construction of a new 800-square-meter factory.