The former state-owned Hubei Hongqi Cable Factory was reorganized and officially reorganized to establish "Yichang Hongqi Cable Co., Ltd.", and the company established the "Longteng" brand.

Completed the coverage of sales outlets in various regions and surrounding provinces and cities in Hubei Province, and established a national sales network radiated by Hubei.

The company achieved the first leapfrog development in its development history, with sales revenue exceeding 100 million yuan.

The company moved for the first time and moved into Lijiahe Industrial Park and expanded production. The output value of 300 million yuan was completed that year. The "Longteng" trademark has been recognized as a "famous trademark of Hubei Province".

The company successfully passed the new round of pre-qualification review of State Grid and comprehensively carried out the network business of State Grid in various provinces.

Establish a group company with three subsidiaries. "Yichang Hongqi Cable Co., Ltd." was renamed "Hubei Longteng Hongqi Cable (Group) Co., Ltd.", and the company was recognized as a national high-tech enterprise".

The "marine power communication composite cable" independently developed by the group company has obtained the company's first invention patent certificate.

The group company's "Longteng" brand has been recognized as a "China's well-known trademark".

The group company was recognized and established the "Hubei Power Cable Engineering Technology Center"; the company was rated as "National Contract-abiding and Credit-oriented Enterprise".

In order to support the construction of Yichang City, the old factory needs to be relocated as a whole, and the new factory is located at the Military Region Electronic Information Industry Park, and the relocation project is officially launched.

The company has relocated for the second time, and the overall relocation was entered into the electronic information industrial park of the military region and put into production. A modern technology-oriented, environmentally friendly and garden-style factory will be built with an annual production capacity of 3 billion yuan.

The first batch of enterprises won the title of Hubei Province's specialized and new "Little Giant" enterprise.

The company won the national "specialized, specialized and innovative" little giant; "Hubei Province Intelligent Manufacturing Pilot Demonstration Enterprise" and "Hubei Province Manufacturing Single Champion Enterprise.

The company won the title of "National Green Demonstration Factory".