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Feb. Acquire EN15085-2 Certificate for welding of Railway Vehicle and Components
April. "KOTRA SEAL OF EXCELLENCE" selected
June Acquire of the ASME stamp (S&U) for power boiler and pressure vessels
May. Opening the Technical Research institute
Dec. National Transportation System Development Project (DMT/Dual Trailer)
Mar. Developed the Total Measuring Car
July Sung Shin selected technological innovation company (INNO-BIZ)
Feb. The Ballast Vacuum Loading Car first Developed for SMSC
April. TRA Motor Car 35ton (Crane Type) Developed
June. Participation "Exhibition Korea Railways & Logistics Fair 2005 & 2007 (BEXCO)"
Aug. Developed the Track Geometry Measuring Car
          Developed the "B2S" Track Machine Car
          Developing the Hybrid Motor Car
Jan. The Tilting Bogie technology development
April KNR Motor Car 45ton (Hauling Type) developed
June For education-industrial cooperation agreement with Kyung-Nam University signed for gauge changeable bogie business (National transportation core technique development business)
Sep. Approved South & north Korea economic cooperation business for KNR (100 container freight car)
Oct. First remodeling for Diesel Shunting Locomotive
Dec. Ceritfied to a bright prospect small and medium enterprises from Industrial Bank of Korea
Dec. ISO 9001 (year 2000 edition) for Rolling Stock Manufacturing from KSA certified
June The technology for up-grading of riding quality of NT Bogie developed
May Sung Shin appointed as a KNR Quality security articles company (welding bogie for freight car)
Feb. A complete unit of earth moving trailer to Korea National Railroad (KNR) developed.
Dec. A certificate of ISO 9002 certified by KSA
Dec. Bidding qualifications for complete car fields from KNR Procurement Agency certified.
Dec. The bogie assembly first developed for an express freight car
Oct. Sung Shin Industrial Co.,Ltd selected to special case military Manpower service from military man power agency
Aug. Company name Changed ¡°Sung Shin Industrial Co., Ltd¡± and Mr. Gye Chul, Park inaugurated as a President
April. Private Firm ¡°Sung Shin Industrial Co.¡± was established
Aug. Sung Shin certified registered as a cooperative company for Hyundai Precision Industry Corpo¡¯ in Korea