In 2017, the market-oriented reform of state-owned enterprises with mixed ownership began to be implemented.
In 2018, the acquisition of 65% equity of Tianjin Baoying Computer Machinery Co., Ltd. accelerated the pace of intelligent manufacturing of sewing automation equipment in China.
In 2019, the company's Shanghai time-honored brand "Butterfly Brand" held a 100th anniversary celebration event.
In 2020, the intelligent production base in Huangyan, Zhejiang was completed and put into operation.
In 2020, the Bensheim Intelligent R&D Center in Germany was established for trial production.
In 2023, the acquisition of Germany's Shounuo Ultrasonic Co., Ltd. will further lead the development of intelligent manufacturing strategy in the field of material connection technology to a new high ground.
In 2024, SGIA acquired ICON Aircraft in the United States through the establishment of a new subsidiary, Inc.'s related assets will extend the company's business to the production and manufacturing of carbon fiber light sports aircraft.
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