–Mr. Fan Wing Ting founded the first operating company of the Group in Hong Kong.

–The Group established Macau Ieng Nam Limited and launched the retail business into the Macau market, and set up the first mono-brand stores for selling international fashion brands.

– The Group opened multi-brand stores under the name of UM in Macau.

–The Group commenced business in Southern China through establishment of Shouwei Trading (Shenzhen) Co., Ltd.

–The Group set up the Shanghai offices to further enlarge its business in Eastern China market.

– The Group and the brand, Neil Barrett jointly formed a joint venture company, which is solely responsible for the sales of the brand (deal and distribution business) in China and Macau.

–The Group opened the first mono-brand store in the Hainan Province, started to expand the Hainan market.

–     The Group started to launch the apparel of proprietary brands UM•IXOX and IXOX in multi-brand stores under the name of UM.

– . The Group opened “WF Fashion”, the life-style multi-brand store in Macau, to sell more than 50 brands including apparel, stylish home accessories and ornaments.

–The Group launched retail business in the Taiwan market and opened three mono-brand stores in Taiwan.