Zhejiang Liangyou Wood Industry Co., Ltd.

Became China’s largest plywood importer. Founder Shen Xiaohong of Dayishu has always adhered to the philosophy of "there is no success, only a starting point," and although early achievements were significant, it was not the end; the goal was to move toward higher targets. After two years of steady development, it finally became the largest plywood importer in China at that time.

Established Jiaxing Hengtong Wood Industry Co., Ltd., investing in China’s first UV plywood production line. As the company grew, imports could no longer meet market demand. To expand production, an investment was made in China’s first UV plywood line, whose maple and birch plywood accounted for 70% of the domestic export market to the United States.

Zhejiang Liangyou Wood Industry Co., Ltd. was officially established, introducing multiple internationally leading solid wood multi-layer flooring production lines, fully building a high-end solid wood multi-layer flooring manufacturing system, and providing OEM production for several well-known U.S. and European flooring brands. This marked the arrival of the Dayishu solid wood multi-layer flooring era.

Successfully developed vintage hand-crafted flooring for the European and North American markets, sparking a vintage flooring "Dayishu" wave in domestic and international markets.

Bailin Import and Export Company was established, focusing on raw wood import business, and its global raw material procurement network has become increasingly complete. Thus, Liangyou Wood Industry gained control over upstream resources, completed the layout of the entire industry chain, and provided strong support for the Dayishu brand to capture the global market.

Founded the Dayishu brand and began brand development. In the same year, the factory was relocated to Yuxin Town. The old factory, with an area of only 20,000 square meters and fewer than 400 employees, moved to a new factory covering 50,000 square meters with over 1,200 employees.

The U.S. Department of Commerce announced the results of the anti-dumping investigation on Chinese flooring, and Liangyou Wood Industry received a zero tariff preliminary ruling.

The U.S. International Trade Court issued a final ruling confirming Liangyou’s successful appeal, resulting in zero tariffs for anti-dumping and anti-subsidy. Through the successful dual anti-dumping measures, Liangyou Wood Industry further contributed to industry development and strengthened its leading position in the sector.

Established Hong Kong Guangyao Group Co., Ltd., expanding international business.

Established Dayishu Flooring Co., Ltd., further consolidating domestic market sales strength and truly achieving a dual-market strategy.

Jin Yuan Wood Co., Ltd. has settled in Luchai, Guangxi, further improving the upstream industrial chain and contributing to the development of the western region. In the same year, it established Dayishu Flooring Co., Ltd. in the United States, and has built a storage and logistics service center in Atlanta, bringing storage services closer to the U.S. mainland, completing the downstream industrial chain, and strengthening the marketing of its own brand.

Established Liangyou Shengfang Company in Indonesia, setting up a floor factory in Jebang, Indonesia, with an annual production of 3 million square meters of solid wood multi-layer flooring, taking the initiative in international trade. In the same year, it established Liangyou Wood Co., Ltd. in Serbia, whose main business is the sale of raw logs and the processing of veneer boards. The raw materials mainly come from Serbia’s abundant local timber resources, primarily European oak, as well as white waxwood and beech.

Established Dayishu (Shanghai) Supply Chain Co., Ltd., acquired Guangdong Biji Wood Co., Ltd., and expanded domestic engineering business. Currently actively establishing strategic frameworks with domestic real estate leaders such as Vanke and China Resources, continuously deepening business cooperation.