Xiamen Dabang Enterprises Ltd, former of Henghan Group was established.
Dabang is the earliest enterprise specializing in the import of the high-end auto in Fujian, one of its kind in qualified to have the quota on importing cars.
The first franchised dealer of FAW-Volkswagen Audi in Fujian, and Xiamen Dabang Tongshang Automobile Trading Co., Ltd was founded. It integrates the vehicle sales, spare parts sales, repair services and information feedback. “High-quality auto, high-quality service” is our eternal pursuit.
We acquired franchise distribution rights of the Germany imported car brand Volkswagen in Xiamen
We acquired the general agency of the Korean imported car Hyundai.
Renamed as Xiamen Dabang Investment Co., Ltd and entered into real estate field. After completing capital accumulation, Dabang begun its diversified development. Maintaining the auto business， it reached into real estate market. It took 6 years to complete the “City Cube” project and Fengshang Avenue project in Xiamen, as well as Huacheng Wanxiang, Huacheng Bojun, Huacheng International in Xi’an. Now, another two new projects “Huazhou City” and “Hongjin City” in Xi’an are being developed. The overall land development area has reached 2 million square meters and more than 3,000 acres of land reserve. Dabang has well achieved its accumulation of capital through real estate investment.
The business form has quietly changed in the rapid development of the Internet in China. After the company's deep consideration，Didaozan Project was launched.
Xiamen Dabang Food and Beverage Management Co., Ltd was established to inherit and develop the Minnan (Southern Fujian) culture, and Didaozan Project was formally launched.
Nearly a hundred million was invested in mining project
Dabang invested a mining company with total reserves of 50 million tons, exploitable reserves of 30 million tons and yearly output of 1million tons.
In order to meet the needs of diversified development of the company, Dabang officially changed its name to Henghan Group. Didaozan Cultural Development Co., Ltd, a subsidiary of Henghan Group will launch Didaozan project with new business model composing of 4 sectors, catering, trade, cultural-theme tourism real estate and online shop.