--Panram established on Keelung Road, Xinyi District, Taipei City with paid up Capital of NTD$ 6 million.
--Cash capital increased NTD$ 80 million. Total capital reached NTD 110 million.
--Panram officially registered at Emerging Stock Market.
-- Retained earnings of NTD$ 57,366,600 and additional paid in capital of NTD$ 2,861,400 were transferred to common stock . Total capital grew to NTD$ 210,828,000.
--Mr. Leo Hsieh, Chairman of the Board, was awarded 26th Annual Model Taiwan Young Entrepreneur.
--Mr. Leo Hsieh, Chairman of the Board, was awarded Excellent Young Entrepreneur of Taiwan Entreprise Prize.
--Taipei Exchange and Security and Futures Commission approved Panram’s application for listing at over-the-counter market.
--Panram Factory construction began.
--Panram issued initial public offering (IPO) at over-the-counter market in February.
-- Retained earnings of NTD 27,780,000 was transferred to common stock. Cash capital increased NTD 49 million. Total convertible bonds amounted to 4,682,000 shares. Nominal share capital equaled NTD 800 million. Total capital was NTD 334,430,000.
-- Annual revenue reached NTD$ 6,623,000,000
--Panram became one of Kingston’s contract manufacturers in September.
--Panram Factory was approved as a bonded factory by Customs Administration, Ministry of Finance in December.
--Panram issued 11,800,000 shares through private placement. Total capital reached NTD$ 566,130,000 in August.
--Kingston became Panram’s biggest shareholder in September.
--Panram became an Authorized Apple MFi Manufacturing Licensee.