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  • The first stage: the company establishment, business growth stage

    (1) Beijing Oriental Yuhong Waterproof Technology Corporation Limited was established in March 1998 with registered capital of RMB 3 million;
    (2) The first batch of SBS and APP waterproof rolls was produced in March 1998;
    (3) Waterproof and thermal insulation project of the Great Hall of the People was awarded to Yuhong in August 1998;
    (4) Yuhong started to demonstrate preliminary waterproof construction of national grain reserve depot in September 1998, and held the working conference to discuss waterproof construction of grain depot in China on November 18, 1998, and its plan was taken as the design principle for waterproof construction of grain depot;
    (5) The first batch of central grain reserve depot was fully constructed, and Oriental Yuhong outshined others for its waterproof construction;
    (6) Yuhong held a press conference in Macau Hall of the Great Hall of the People in October 1999, attracting state leaders, e.g. Wang Guangying, Bu He and Wan Guoquan.

  • The second stage: hard work, standardized management, develop the national market

    (1) Shanghai Branch of Beijing Oriental Yuhong Waterproof Technology Corporation Limited was established in October 2000;
    (2) Beijing Oriental Yuhong Waterproof Technology Co., Ltd. was restructured in October 2000 with general capital of RMB 27.425 million;
    (3) Legal representative was elected as the Deputy Chairman of China National Waterproof Building Material Industry Association, and Yuhong became a Deputy Chairman unit;
    (4) Yuhong was identified as a new high-tech enterprise in Beijing by Beijing Municipal Science & Technology Commission in December 2002;

  • The third stage: hard work, standardized management, develop the national market

    (1) New management team was recruited in January 2003, and a group of outstanding professional managers was promoted as executives, reasonably separating ownership and management right;
    (2) Yuhong overcame the effect of SARS in July 2003, and the production line introduced from Reichel & Drews was constructed and put into operation on schedule, and China Building Waterproof Museum was constructed at the same time.
    (3) Li Weiguo, Legal Person of Yuhong, was elected as Top 10 Entrepreneurial Youth in Beijing in July 2003, and talked about his success story on CCTV as a “Son of Oriental Yuhong”.
    (4) Oriental Yuhong Waterproof Material Testing Co., Ltd. was recognized by CNACL to be qualified in waterproof material performance testing in May 2004;
    (5) The production lines of PU and waterproof paint for road and bridge were constructed and put into operation in June 2004;
    (6) The contract for labor and materials was awarded to Yuhong to construct waterproof projects, e.g. Beijing Capital International Airport, Water Cube, Bird Nest, CCTV new site, Olympic Village and Shunyi Aquatic Project in August-September 2004, February, May, June and August 2005 and February 2006 successively, and Yuhong people made great contributions to “New Beijing, New Olympics”;
    (7) “Yuhong” SBS and APP waterproof rolls were rated as brand products in Beijing and national inspection-free products successively in August and October 2004; monthly output of SBS and APP waterproof rolls was 1 million sq.m. in October, and annual output of rolls in 2004 was up to 6 million sq.m., and paint was 3,000t;
    (8) Oriental Yuhong Waterproof Material Testing Co., Ltd. was authenticated by Beijing Municipal Administration of Quality and Technology Supervision in November 2005;
    (9) The production line of multi-functional asphalt cold adhibiting waterproof roll was constructed and put into operation in June 2005;
    (10) “Yuhong” brand was recognized as the first “China Famous Brand” in waterproof industry by SAIC in June 2006;
    (11) Oriental Yuhong Production and R&D Base was set up in Jinshan District, Shanghai in March 2007, and the output of waterproof roll was 30 million sq.m, while waterproof paint was 35,000t upon the completion of new production base, fully implementing strategic deployment in the southern area of Yangtze River;
    (12) General capital was increased to RMB 39.56 million in December 2007.
    (13) Yuhong’s RWB-801 dedicated waterproof roll for railway bridge was used for Zhengzhou-Xi’an Passenger Dedicated Line in January 2008, and the roll spreading machine independently developed by Yuhong was applied for mechanized construction for the first time in the waterproof field in this project;
    (14) Chairman Li Weiguo was elected as the Member of the 11th Beijing Municipal Committee of the Chinese People's Political Consultative Conference on January 9, 2008.
    (15) Oriental Yuhong (002271) was officially listed on the Shenzhen Stock Exchange on September 10, 2008, opening a new era for building waterproof industry in China, and rated as “National Advanced Enterprise Award for Scientific and Technological Progress and Technological Innovation”.
    (16) Chairman Li Weiguo was awarded “2008 Contribution Award for Revitalizing Hunan” on October 29, 2008.
    (17) Oriental Yuhong was awarded the “Most Independent and Innovative Enterprise” on December 1, 2008, and special materials for railway, bridge and culvert independently developed by Yuhong were recognized as the “Most Independent and Innovative Results (Cases)” by China Approval Committee for Enterprise Innovation Results and Cases.
    (18) Oriental Yuhong was rated as the first batch of high-tech enterprise in March 2009, and honored as “Top 100 Enterprises” in Shunyi District, Beijing in 2009.
    (19) Yuhong Yueyang Production Base was constructed in March 2009.
    (20) Oriental Yuhong settled down in Chengdu in April 2009, implementing national policy on western development.
    (21) Oriental Yuhong was elected as the 3rd Top 50 Small and Medium-sized Listed Company in May 2009.
    (22) Oriental Yuhong was awarded “2008 Top 10 Most Competitive Enterprises in Hunan” in May 2009.
    (23) Oriental Yuhong was successfully certified by CE on July 26, 2009, laying a solid foundation for the implementation of international strategies.
    (24) Chairman Li Weiguo was elected as “2009 China Outstanding Entrepreneur in Hunan” in September 2009.
    (25)Oriental Yuhong was rated as China Environmental Labelling Excellent Enterprise in October 2009.
    (26) Oriental Yuhong officially released 1998-2008 Social Responsibility Report of Oriental Yuhong at the 7th China International Expo for China Roofing & Waterproofing Technology on October 14, 2009.
    (27) Oriental Yuhong Waterproof Engineering Co., Ltd. was rated as national high-tech enterprise in November 2009.
    (28) Oriental Yuhong Technology Center was awarded as “National Enterprise Technology Center” in November 16, 2009, making Yuhong the only enterprise to receive this honor in Chinese building waterproof industry.
  • The four stage

    (1) Oriental Yuhong organized disaster relief donation activities in April 2010.
    (2) Oriental Yuhong successively undertook the waterproof projects, e.g. China Pavilion, Theme Pavilion, Expo Axis, Performance Center, France Pavilion, Thailand Pavilion, Sweden Pavilion, Expo Village, Expo Intercontinental Hotel, Expo Garden and other venues in April 2010, presenting perfect products and services to the world.
    (3) The First “China Yuhong” Culture Week Calligraphy, Painting & Photography Competition was launched in June 2010.
    (4) Yuhong ERP was on the line in June 2010.
    (5) Yu Zhengsheng, Secretary of the Shanghai Municipal Committee and Member of the Political Bureau of the Central Committee, visited Oriental Yuhong in July 2010.
    (6)Oriental Yuhong set up production base in Jinzhou in August 2010.
    (7) Oriental Yuhong was elected as Top 500 Asian Brand in September 2010.
    (8) Oriental Yuhong released the 2009 Social Responsibility Report of Oriental Yuhong in the China National Convention Center in October 2010.
    (9) Oriental Yuhong donated to “Beijing Hetian Development Fund” in November 2010, and Chairman Li Weiguo donated nearly RMB 28 on behalf of Yuhong.
    (10) Oriental Yuhong launched “Volunteer Blood Donation Week” in November 2010.
    (11) Annual revenue of Oriental Yuhong was up to RMB 1.381 billion, making Yuhong the first enterprise in the waterproof industry whose annual revenue was over RMB 1 billion in China on September 30, 2010.
    (12) Li Junxian, one of main founders of chemical propellant raw material industry in China and academician of the Chinese Academy of Engineering, visited Beijing Oriental Yuhong in November 2010.
    (13) Beijing Oriental Yuhong was approved to issue A-share privately in November 2010.
    (14) Oriental Yuhong was approved to set up Post-Doctoral Scientific Research Station in November 2010.
    (15) Beijing Oriental Yuhong Waterproof Technology Co., Ltd. won the title of “Technological Innovation Enterprise”, and Doctor Duan Wenfeng was honored as “Technological Innovation Individual” at the award presentation ceremony of Advanced Enterprise and Individual for Scientific and Technological Progress and Technological Innovation in National Construction Industry during the 11th Five-Year Plan period in November 2010.
    (16) Li Weiguo, Chairman of Oriental Yuhong, was unanimously elected as the Chairman of the Council of China National Building Waterproof Association in December 2010.
    (17) Yuhong’s TPO mechanical fixed single-layer roofing system was officially granted with FM certificate issued by FM Global in February 2011.
    (18) PCC cementitious capillary crystalline waterproofing material developed by Beijing Oriental Yuhong Waterproof Technology Co., Ltd. was awarded the 3rd Prize of Scientific and Technological Progress in Building Materials issued by China Building Materials Federation and Chinese Ceramic Society in April 2011.
    (19) Beijing Oriental Yuhong Waterproof Technology Co., Ltd. won the title of Excellent Innovative Enterprise in National Building Material Industry in April 2011.
    (20) The first production line of roll in Yuhong Jinzhou Production Base was official put into operation in April 2011.
    (21) Phase II Project of Yuhong Yueyang Production Base was successfully put into operation in May 2011.
    (22) Oriental Yuhong was approved by Beijing Commerce Commission to undertake foreign contracting business in May 2011.
    (23) The 2nd “China Yuhong” Culture Week Calligraphy, Painting & Photography Competition was launched in May 2011.
    (24) Oriental Yuhong was elected as 2010 Top 100 Listed Companies in Jinniu District in June 2011.
    (25) Oriental Yuhong was elected as the first batch of affordable housing project brand in June 2011.
    (26) Oriental Yuhong released 2010 Social Responsibility Report in August 2011.
    (27) Yuhong Application Technology Center was completed and unveiled in October 2011.
    (28) Oriental Yuhong attended Huayuan Excellent Partner Conference in October 2011, and won the title of “Golden Partner”.
    (29) Oriental Yuhong was elected as the Best Small and Medium-sized Listed Company of “Golden Bauhinia Award” in November 2011.
    (30)Yuhong thermoplastic polyolefin (TPO) waterproof roll was awarded the 1st Science and Technology Prize of Beijing Building Material Association.
    (31) Oriental Yuhong was awarded “Famous Brand Product in Chinese Building Waterproof Industry” selected by China National Building Waterproof Association in December 2011.
    (32) Oriental Yuhong was rated as the “Most Influential Enterprise in Chinese Home Furnishing Industry” hosted by Sina in December 2011.
    (33) Shandong Tiandingfeng Nonwovens Co., Ltd., a wholly-owned subsidiary of Oriental Yuhong, held the foundation stone laying ceremony in Linyi County in December 2011.
    (34) Oriental Yuhong held 2011 annual meeting in Yangzhen No.1 Middle School, Shunyi District, Beijing in January 2012. 
    (35) Beijing Oriental Yuhong won “2011 Outstanding Contribution Award for Industrial Growth in Shunyi District” in March 2012.
    (36) Oriental Yuhong ranked No.1 in the ranking list of Top 500 Waterproof Material Supplier Preferred by Developer with selection rate of up to 25% at the Top 500 China Real Estate Summit in March 2012.
    (37) President Xi Jinping graciously received Li Weiguo, Chairman of Oriental Yuhong in the Republic of Trinidad and Tobago in May 2013. (08).
    (38) Oriental Yuhong Occupation Skill Appraisal Training Base was established in October 2013.
    (39) Oriental Yuhong won one gold medalist and two silver medalists in the “League Cup” National Vocational Skills Contest in Building Waterproof Industry in December 2013.
    (40) The dinner party was held by Oriental Yuhong in Beijing to welcome trade delegation of Republic of Trinidad and Tobago in February 2014.

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