OctChanged the company name from Shinpoong Paper Inc.
to Shinpoong Inc. and moved the headquartersto: 155,
Pyeongtaekhang-ro, 268beon-gil, Poseung-eup, Pyeongtaek-si,
Gyeonggi-do, Republic of Korea.

AprSwitched the business field to paper distribution and sales.

MarMoved the headquarters to: 86, Pyeongtaekhang-ro, 268beon-gil,
Poseung-eup, Pyeongtaek-si, Gyeonggi-do, Republic of Korea.

JanDemolished the Pyeongtaek factory.

DecDiscontinued whiteboard production.

AugStarted the operation ofthe Poseung Logistics Center.

OctRenovated Unit 6 for increasedproduction.

SepIncreased the production of Unit 6 in the Pyeongtaek Plant
(to 470 tons per day).

SepCompleted a low-pressure boiler (470-ton)

AugCompleted Unit 6 of the Pyeongtaek Plant (450 tons per day).

DecCompleted Unit 3 of the Pyeongtaek Plant (150 tons per day).

OctEstablished a local subsidiary(in Los Angeles, US).

NovEstablished the Changkang Foundation.

MarMoved the headquarters to:15, Haechang-ri,
Godeok-myeon, Pyeongtaek-si, Gyeonggi-do, Republic of Korea.

DecCompleted a combined heat and power plant at the Pyeongtaek Plant.

MayCompleted and operated Unit 5 (275 tons per day).

00Received the Silver Tower Order of Industrial Service Merit.

NovBuilt Chung-press and Chung-former by itself.

NovCompleted the Manila board Pyeongtaek Plant
(Unit 4 with a daily output of 150 tons).

JunListed on the Korea Stock Exchange.

JunCompleted the Manila board plant
(Unit 3 with a daily output of 40 tons).

MarCompleted the Tissue paper plant
(Unit 2 with a daily output of 5 tons).

JanCompleted Korea’s first Manila board plant
(Unit 1 with a daily output of 6 tons).

JanEstablished Shinpoong Paper MFG. CO., LTD.