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In September, the company completed capital increase and share expansion, and Shanghai Yingjia became a strategic investor and an important shareholder of Hefei Smarter.
In December, Hefei Smarter Technology Group was established and the company was renamed "Hefei Smarter Technology Group Corp.".
In April, Hefei Smarter Technology Co., Ltd. Absorbed and merged Hefei Walsin Electric Co., Ltd.
In January, Hefei Smarter Cable Machinery Co., Ltd. was renamed Hefei Smarter Technology Co., Ltd.
In September, the equity of Hefei Smarter Cable Machinery Co., Ltd. was transferred by China United Equipment Group Corporation, a subsidiary of China National Building Material Group(CNBM).
In August, Hefei Smarter Electric Co., Ltd. implemented the separation of main and auxiliary, and established Hefei Smarter Cable Machinery Co., Ltd. in Hefei Economic and Technological Development Zone, specializing in the development, production and sales of electrical machinery.
In December, Hefei Electrical Machinery Factory was reorganized as Hefei Shenma Electric Co., Ltd.
In November, Hefei Electrical Machinery Factory and Walsin (Shanghai) Investment Co., Ltd. jointly invested in the establishment of Hefei Walsin Electrical Machinery Co., Ltd. (later renamed Hefei Walsin Electrical Co., Ltd.).
In June, Hefei Shenma Electrician Group was established, with Hefei Electrician Machinery Plant as the core enterprise, and the name of Hefei Shenma Electrician Group was added.
In July, Hefei Light Industry Mould Factory added the brand of "Hefei Electrical Machinery Factory" to produce wire and cable special equipment.
Hefei Light Industry Mold Factory was established, mainly producing glass molds and non-standard light industry machinery.