The 1st phase (1993-1997): Exploration with painstaking efforts
In 1993!!Xinhai was established.
In December, approved by Cixi Industry & Commerce Bureau, Ningbo Xinhai Lighter Manufacturing Co., Ltd. was established
In 1995, the annual turnover of sales broke RMB 10 million.
The annual turnover of sales reached RMB 11.6 million including US$1.2 million from exportation sales.
In 1997, Xinhai realized a double leap on " production " and "sales".
Xinhai successfully developed the combined tank electric lighter.
Upon participating in the Canton Fair in 1997, Xinhai graded up new motive force for overseas sales through the promotion of new sales channels.
The 2nd phase (1998-2001): Expansion with large-scale operation
In 1998, Xinhai started to promote herself in terms of information & automation.
,Through setting up computerized internal network and installing the production assembly line of electric lighter, Xinhai founded the system of scientific management and modern production of her own.
,Over 40 models of new products were developed, 28 of which were applied for the national patent of China, and got approval of 19. Besides, 2 more models were applied abroad.
In 1999, Xinhai set up her Quality-Inspection Center in accordance with the international standard.
,At the start of the year, Xinhai set up the first ISO9994 Quality Testing Center of lighter industry in Chinese Eastern Area.
In 2000, Xinhai realized a double promotion of both Company System and Quality Management System.
,Xinhai took the reforms in organization system by shaping into one shares-holding corporation.
, In August, Xinhai passed ISO9001 Quality System Management Approval.
In 2001, in order to promote the sustainable competitiveness, Xinhai put up an expansion platform on the level of production, R&D and marketing.
, In June, the new land with a total approved area of 24,000 square meters in Economic Development Zone started its use as the production base of electric products.
, Xinhai became the practicing base of Zhejiang New Century Talents College by setting up Xinhai Scholarship.
, Xinhai established Zhejiang University - Xinhai Electric Products R&D Center jointly with Zhejiang University.
The 3rd phase (2002-): Excellence with further progress
In 2002, Xinhai won the anti-dumping suit for the first time and broke through CR barrier.
, Xinhai won both of the two anti-dumpling suits against South Korea after which the disposable lighter made in Xinhai can be exported to South Korea at a duty of 76.38% lower than those domestic competitors.
, Xinhai successfully worked out 5 models of her own intellectual property rights, breaking through the barrier of European CR Act.
In 2003, Xinhai established the shares-holding corporation formally and won another victory of anti-dumping suit against the EU as well as the honor for company.
, In January, approved by Ningbo Municipal government, Ningbo Xinhai Electric Co., Ltd. was founded as the 8th shares-holding corporation in Cixi.
, In June, Headquarter of Xinhai was shifted from Dafa Road to Outer North Ring of Cixi.
, In July, the anti-dumping suit against the EU lasting over one year ended up with Xinhai¨s victory.
, Therefore Mr. Huang Xinhua, President of Xinhai is honored as the fighter of anti- barrier in China.