Milestone

IES Hengaoda Technology (Dongguan) Ltd was accredited as a High and New Technology Enterprise (高新技術企業) by Guangdong Provincial Bureau of Science and Technology (廣東省科學技術廳), Guangdong Provincial Bureau of Finance (廣東省財政廳), Guangdong State Tax Bureau(廣東省國家稅務局) and Guangdong Local Tax Bureau(廣東省地方稅務局)

IES Engineering (Hong Kong) Ltd obtained Innovation and Technology Fund for our collaboration with the City University of Hong Kong to develop new pattern for heat transfer plate

IES Engineering (Hong Kong) Ltd’s self-manufactured plate heat exchangers were awarded with the AHRI Standard 400 certification

We relocated our Hong Kong Headquarter from Kwun Tong to Tai Po Industrial Estate.

IES Hengaoda Technology (Dongguan) Ltd obtained the PD5500: 2015+A1: 2015 Certificate with the approval of HTS Inspection & Certification UK Limited for manufacturing and assembling of pressure vessel

IES Heat Exchanger Manufacturing (Dongguan) Ltd obtained ISO 9001: 2008 Quality Management System Certification Certificate for manufacturing of plate heat exchanger, heat transfer compact unit, welded type plate heat exchanger, heating element and control panel issued by TUV SUD.

IES Hengaoda Technology (Dongguan) Ltd obtained the ISO 9001: 2008 Quality Management System Certification Certificate for manufacturing of calorifier, semi calorifier and shell and plate heat exchanger, manufacturing and assembling of solar water heater and solar system issued by TUV SUD Asia Pacific TUV SUD Group (“TUV SUD”)

We established IES Heat Exchanger (Shanghai) Ltd, our operating subsidiaries in the PRC

IES Hengaoda Technology (Dongguan) Ltd obtained the ISO 3834-2 2006 Quality Requirements for Fusion Welding of Metallic Materials Certification Certificate for manufacturing of pressure vessel and piping issued by SGS Italia S.p.A.

We established IES HVAC Equipment (Macau) Ltd, our operating subsidiary in Macau, for provision of maintenance services of heat exchange system

We entered into a joint venture, namely IES Asia (formerly known as IES Rudert (Asia) Limited), with Rudert, a German heat exchange brand, and commenced the manufacturing of calorifiers and water storage tanks with the establishment of IES Hengaoda Technology (Dongguan) Ltd

We established IES Engineering (S) Pte. Ltd, our operating subsidiary in Singapore

We set up our first factory in Zhangmutou Town, Dongguan City, Guangdong Province, the PRC to manufacture heat transfer compact units under our own brand name of “IES”

IES (Hong Kong) Limited was granted by Sondex, a Danish heat exchange brand, the exclusive right to sell its plate heat exchangers in Hong Kong and Macau