| 1990 | 5 Ship Management Companies invested in marine spare parts sales area, formed the prototype of Qinhuangdao Beifang Ship Machinery Import & Export Co. Ltd.,, and filled the blank of domestic ship machinery and accessories in the North China’s market; |
| 1993 | Qinhuangdao North Ship machinery import and Export Co., Ltd. was formally established; |
| 1995 | More than 1350 domestic customers,Established Guangzhou, Xiamen, Yantai, Dalian office and Singapore agency; |
| 1998 | It became the agent of many famous marine machinery and equipment manufacturers; |
| 2000 | Annual turnover exceeded 20 million US dollars. |
| 2001 | Successfully passed the Norway classification society DNV quality management system authentication; |
| 2002 | Approved by the Ministry of foreign trade and economic cooperation, BFMP became one of the few companies import and export company in China specialized in marine machinery equipment and spare parts. |
| 2003 | The company signed agreements with several large marine diesel plants in China to realize the mutual supply of diesel engine parts and machines; |
| 2004 | Through the rigorous examination, became a qualified spare parts and equipment supplier of China National Offshore Oil Corporation (“CNOOC”), |
| 2005 | Signed the agreements on the supply and sale of bulk goods, and established a strategic partnership with several famous ship-owners and shipyards |
| 2007 | Became the supply base of Shipbuilding Equipments in China; |
| 2008 | Supplied the ship equipment package to Vietnam’s three large scale freighters, container ships |
| 2009 | The business was expanded into the area of the installed parts supply, supplied the full set of CKD installed components of L/V32/40 diesel engine which was authorized by the China’s diesel engine factory. We became one of the suppler that can offer this service. |
| 2010 | Completed CKD parts supply of L21/31 model; |
| 2011 | It became a complete set of equipment’s suppliers for the key shipbuilding projects of Chinese government; and completed the batch supply of CKD parts of 20 sets of L27/38 models; |
| 2012 | The power business division was set up, entered the field of international power equipment supply; |
| 2013 | Established the joint venture "Yuchai international company" with Yuchai group; entered the realm of sales of international engineering machinery and vehicles; |
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