1June 1994, the company name was changed to "Hainan Haihong Enterprise Co., Ltd.",1June 1997, Hainan Haihong Enterprise (Holdings) Co., Ltd., and in February 2006, it was changed to "Haihong Enterprise (Holdings) Co., Ltd.".
With the approval of the shareholders' meeting, on May 3, 2004, Kloc-0, the company implemented the dividend distribution plan for 2003, distributed bonus shares and transferred them to share capital. In addition, on March 2, 2003, the total share capital was increased to 749,065,438+08,504 shares by transferring the previous profits or reserve funds to share capital, sending shares and issuing additional shares.