Capital increased to KRW 3.77 billion

Capital increased at KRW 990 million

Registered a patent 10-1946478 (Method Fuelization Plant Biomass)

Made a technology transfer contract to POSCO cyclone (pyrolysis generator)

Capital increased to KRW 500million

Awarded as 'Managenet Innovation Enterprise' (MAIN-BIZ)

Registered a patent 10-1711420 (How to change Agricultural biomass into fuel)

Create a partnership with KITECH(Korea Institute of Industrial Technology)

Installed a corporate R&D center

Awarded as 'Technology Innovation Enterprise' (INNO-BIZ)

Certified as medium sized business (Ministry of SMEs and Startups)

Established a local corporation in Indonesia (PT.HWASEONG UTAMA)

"selected as 'Korea's best new product" Hankookilbo article released

Changed company name as Hwa Seong B&Tec Co.,Ltd.

Received a self-production confirmation certificate (KBIZ)

Relocated head office (20-22, Madoseo-gil 127beon-gil, Mado-myeon, Hwaseong-si, Gyeonggi-do, Republic of Korea)

Opened a Seoul office

Registered a patent 10-1226630 (High efficiency electric boiler)

Registered a patent 10-1199299 (Wood pellet boiler)

Registered a patent 10-1087775 (Heat medium oil dyeing machine heat source supply system and heat source supply method thereby)

Received Gost-R(Gosudarstvennyy Standard-Russia)

Registered a patent 10-0959416 (Frozen To Burst Prevention Device For Pipe)

Certified ISO9001, ISO14001

Registered a patent 10-0918942 (Solid-fuel burning system)

Registered a patent 10-0848870 (Air Preheater For Boiler Of Which Corrosion Is Protected On Low Temperature Part)

Established HwaSeong Boiler Co.,Ltd. for the purpose of manufacturing central heating boilers and radiators