In 1992, we have established Tianyi (Nanjing) Daily Necessity Co., Ltd., which mainly dealt in the manufacture, packaging and sales of exported hardware.
In August, 2000, the original name of the company was replaced by Toua (Nanjing) Plastic Hardware Co., Ltd., which specialized in the sales in the Japanese market.
In 2001, Nanjing Toua Tianxiang Household Articles Co., Ltd. was established. It is mainly engaged in the manufacture, packaging and sales of hardware in the domestic market.
In July, 2002, Toua Tianxiang had acquired Nanjing Plastics Engineering Co., Ltd. and the company was renamed as Nanjing Toua Oak Sports Facility Engineering Co., Ltd. The main business of the newly merged company is the construction of professional sports facilities, such as rubberized fields, artificial lawns, field foundation and the installation of sports equipment.
In June, 2004, Yitian (Nanjing) Metalware Co., Ltd. was established. This company is exclusively responsible for the American and European markets.
In 2006, Yifeng (Nanjing) Plastic Products Co., Ltd, a newly established company, had begun the research, manufacture and production of electric tools.
In October, 2008, Nanjing Toua Municipal Engineering Co., Ltd. was set up. Meanwhile, the company had acquired the secondary qualification in municipal engineering and meanwhile commenced to deal in relevant market.
In June, 2010, Toua Municipal Engineering and Nanjing Chuangqi Auto Parts Co., Ltd. had established equity joint venture. Then the company was moved to the new factory area in Hushu Street, Jiangning District.
In August, 2011, asset reorganization was conducted in the company. The details are as follows:
1. Yitian (Nanjing) Metalware Co., Ltd. had, by merger, consolidated Toua (Nanjing) Plastic Hardware Co, Ltd. and Yifeng (Nanjing) Science & Technology Industrial Co., Ltd., and forms a new Yitian (Nanjing) Metalware Co., Ltd. The company, oriented by Japanese market, manufactures nails and stainless steel products for home decoration.
2. Nanjing Toua Tianxiang Household Articles Co., Ltd was renamed as Nanjing Toua Fine Workmanship Technology Co., Ltd., which had readjusted its original production line. Its range of manufacture is mainly oriented by European and American markets. Besides, the company also emphasizes on the development of the emerging markets of Australia, South America, India, etc. as well as the domestic market.
In 2011, Jiangsu Toua TianZe Investment Management Co., Ltd. was set up. This company provides customers with services related to investment management, equity trading and management consultation.