2005

• Award of 200 Best Small Asian Companies by Forbes magazine

September

• Signing ceremony of US$180 million syndicated banking facilities

August

• Establishment of the Phase 2 joint venture for the production of polyol products, building an additional plant with a total capacity of 200,000 mtpa

June

• Acquisition of the entire interest in Changchun Dacheng Industrial Group Company Limited, a substantial shareholder of 8 indirect non-wholly owned subsidiaries of the Company for corporate consolidation
• Sorbitol plant with 60,000 mtpa commenced operation

• Became a constituent of MSCI (Morgan Stanley Capital International China Index Series)

January

• The new amino acid production centre in Dehui, Jilin Province, China commenced operation, which increased capacity by 120,000 mtpa; lysine series total production capacity reached 240,000 mtpa

2004

October

• A 10,000 mtpa polyol pilot plant commenced production
• Placement and top-up subscription of 150 million shares to raise net proceeds of HK$830 million
• Construction of a glutamic acid plant with a capacity of 100,000 mtpa began

September

• Acquisition of Changchun Dihao Foodstuff Development Co., Ltd. with a corn sweetener production capacity of 150,000 mtpa, which increased to 500,000 mtpa in December
• Mr. Li Defa was appointed as Independent Non-Executive Director

July

• Jinzhou corn processing plant commenced operation, raising corn processing capacity to 1.8 million mtpa

• Chinese President Hu Jintao visited Changchun production facilities

February

• Signed joint venture agreement with Mitsui to produce sorbitol

January

• Commenced commercial production of protein lysine with a capacity of 60,000 mtpa; lysine series' total production capacity increased to 100,000 mtpa
• Mr. Liu Xiaoming and Mr. Xu Zhouwen were appointed as Co-Chairmen

2003

December

• Named in the Second Deloitte Touche Tohmatsu Asia Pacific Technology Fast 500
• Commenced production of paper-grade modified starch with a capacity of 50,000 mtpa

October

• Signed joint venture agreement with IPP to produce polyol

September

• Arrangement of syndicated banking facilities of US$100 million

May

• Acquisition of 70% interest in Jinzhou Yuancheng Bio-chem Technology Co. Ltd., a corn refinery with a capacity of 600,000 mtpa

February

• High fructose corn syrup (HFCS) refinery, a joint venture with US-based Cargill, Incorporated, accredited by international and local beverage companies

January

• Became a constituent stock of Hang Seng Freefloat Mainland 25 Index
• Signed Memorandum of Understanding with Mitsui Group on the establishment of a sorbitol joint venture

2002

• Selected by Euromoney Magazine as one of the Best Companies in Hong Kong

September

• Mr. Au Chun Fat was appointed as Senior Counsellor

August

• Corn processing capacity increased to 1.2 million mtpa

July

• HFCS plant with 100,000 mtpa commenced production

March

• Lysine production capacity increased to 40,000 mtpa

• Appointment of Mr. Patrick Bowe, President of Cargill, Incorporated s North America Sweeteners Business, as Non-Executive Director and Mr. Steven C. Wellington as Alternate Director to Patrick Bowe

January

• Became a constituent stock of CLSA's China World Index

2001

• Became a constituent stock of Hang Seng Mainland Composite Index
• Became a constituent stock of CLSA's Private Enterprise Index
• Selected by Forbes Global magazine as one of the 200 Best Small Companies in the world

September

• Placement of existing shares and top-up subscription for new shares

August

• Signed joint venture agreement with Cargill,Incorporated to establish a HFCS plant in Shanghai
• Mr. Xu Zhouwen was appointed as Executive Director

• Selected by UBS Warburg as a constituent stock of its China Private Enterprise Index

March

• The Company was listed on the Main Board of The Stock Exchange of Hong Kong Limited