28/9/2011, The Water Meter Production Base of Zhejiang Younio ( Zhejiang Younio Water Supply Equipment Co., Ltd) standed alone and set up a wholly-owned subsidiary - Wenling Younio.(Wenling Younio Water Meter Co.,Ltd), whose registered capital is RMB30 million. 08/12/2011,Zhejiang Younio signed an official agreement with Jiangxi Sanchuan which state that Jiangxi Sanchuan will be controlling shareholder and bring Wenling Younio going public. 01/01/2012,Wenling Younio start to run And we are planning to be the biggest water meter export base in China within next three years.