The company implemented the shareholding system reform, bid farewell to family management, established Xiaogan Dayu Electric Co., Ltd., and established a modern corporate governance structure. The self-developed 10MW "intelligent water resistance soft starter" is listed as "national key new product" and "Hubei famous brand", becoming the technology leader in the industry.

Enterprise changed its name to "Hubei Dayu Electric Co., Ltd.", and the brand radiation range moved from the region to the whole country. Launched the third generation of electromagnetic voltage regulation soft starter products, with completely independent intellectual property rights to fill the gaps in domestic equipment technology, and further consolidate the market position.

Moved to the new factory building in the west of Xiaogan High-tech Zone, ending the lease era and realizing large-scale production. Taking advantage of the opportunity of state-owned enterprise restructuring, the introduction of management and technical backbone, the establishment of the first branch of Hubei Dayu Hanguang Vacuum Electric Co., Ltd., to build a diversified talent matrix.

Enterprise changed its name to "Dayu Electric Technology Co., Ltd." and started the capitalization operation. The establishment of Wuhan R & D center, gathering high-end technical personnel, independent research and development of 30MW high-voltage solid-state soft starter, technology breakthrough on CCTV "news broadcast", become the industry innovation benchmark.

The relocation of enterprises, the establishment of a modern production base, production capacity increased by 300. The introduction of Emerson technology, the introduction of medium voltage inverter and other products, covering metallurgy, petrochemical, mining and other high-end areas. Products exported to Asia, Africa and Latin America and the European market, the same year was awarded the "China well-known trademark", brand influence towards the world.

Xiaogan became the first company in the country to log on to the "National Small and Medium-sized Enterprise Share Transfer System (New Third Board)", stock code: 430386; on December 28, 2023, it was listed on the New Third Board for the second time and received A Round of financing, stock code: 874361, and capital strength continued to increase.

Introducing strategic investors, deepening technical cooperation with Emerson, ABB and other international giants, focusing on the research and development of ultra-high-power high-voltage inverters. Actively implement the national "high-end manufacturing domestic substitution" policy, promote the core equipment independent control.

Was awarded the "National Intellectual Property Demonstration Enterprise", and participated in the drafting of 5 national standards, 2 local standards, and 9 industry standards, leading the industry's technical discourse power.

The company's core products successfully cut into high-end equipment and key safety areas, officially launched the "science and technology security" two-wheel drive strategy, with technological innovation to build a solid security base.

Was selected as a pilot unit for standardization of the national high-end equipment manufacturing industry and was financed by the capital strategy of the Western Department. Winning a number of air energy storage, pumped storage benchmark projects, successfully landed the world's first 300MW-class pressure gas storage demonstration project. Established the first overseas factory in Nigeria, Africa, and cooperated with CNR to expand its business in Indonesia.