1. With the registered capital of 1million RMB, Changsha Sunward Construction Machinery Co., Ltd. was established in July 1999.
2. In January 2001, the restructuring of Hunan Sunward Intelligent Machinery Co., Ltd. was accomplished with the registered capital of 24 million RMB.
3. On January 28, 2002, the foundation stone was laid for Sunward Intelligent Industrial Park.
4. On January 18,2003, the first phase of Sunward Intelligent Industrial Park was finished.
5.On December 22, 2006, Sunward was listed successfully on the Stock Exchange in Shenzhen.