On May 15, 1998, in accordance with the general requirements of the 15th National Congress of the Communist Party of China on accelerating the restructuring of state-owned enterprises, and with the approval of the government, the company formally signed an asset transfer agreement, marking the establishment of the company.

    In April 2001, the company successfully passed the ISO9001 quality management system certification.

    In June 2001, the company successfully developed the medical needle tips grinding wheel for Qiaopai group to replace the imported wheel from Japan, which completely broke the monopoly of Japanese grinding wheel on the Chinese market.

    On March 1, 2004, Qingdao SISA grinding wheel Co., Ltd., founded by SISA group, was registered and established in Qingdao administration of industry and commerce. In March 2006, it was renamed Qingdao SISA abrasives Co., Ltd.

    In November 2004 and December 2005, two promotion fairs were held in New Delhi, India, which increased the international competitiveness of products and expanded the international market.

    On August 28, 2005, the technology transfer agreement of CBN super abrasive was officially signed with Tianjin University, and the development and production of CBN abrasives stepped onto a new stage.

    In March 2006, the 1067mm diameter group grinding wheel was developed and produced successfully by SISA and replaced the Saint Gobain products in Tianrun crankshaft company, the largest automobile crankshaft manufacturer in China, which changed the situation that China's large-diameter, high-speed and high-precision group grinding wheel has long relied on the world's giants, becoming the first domestic production enterprise to replace the group grinding wheel from import.

    On March 1, 2008, Zibo new factory of SISA group laid a foundation in Zichuan development zone. Zibo new factory will be built into a production base of high-grade vitrified abrasive tools with people-oriented, first-class equipment and efficient management.

    On May 15, 2008, the foundation of Qingdao factory of SISA group was founded in Qingdao Economic and Technological Development Zone. Qingdao factory will be built into a CBN abrasives and export products base with people-oriented, first-class equipment and efficient management. Meanwhile, the 10th Anniversary Conference of the company was held in the conference center of Qingdao Development Zone Management Committee. Guests from Dongfeng Motor, India, South Korea and other domestic and foreign friends, Tianjin University, Henan University of technology and other universities attended the ceremony. The conference reviewed and summarized the ten-year innovation and development process and started the journey of a century of great achievements.

    On April 8, 2011, the 5S launching ceremony of the company was held in Zibo company under the guidance of Jianfeng business management group of Taiwan, and then the 5S activities were fully launched in Zibo company and Qingdao company respectively.

    On December 7, 2012, the company was recognized as a national high-tech enterprise by Qingdao science and Technology Bureau, Qingdao Finance Bureau, Qingdao State Administration of Taxation, Qingdao Local Taxation Bureau and other four departments.。

    On May 15, 2013, the 15th anniversary celebration of the founding of SISA was held in Kempinski Hotel, Qingdao, which opened the prelude to the founding of SISA new company.

    On March 26, 2015, with the approval of the national stock transfer system, the company's shares were officially listed for public transfer in the national small and medium-sized enterprise stock transfer system on April 15. Securities abbreviation, Sisha Taiyi; securities code, 832314; transfer method: agreement transfer. Zhai chunxin, chairman of the board of directors, led the team to participate in the 67th collective listing ceremony of the national small and medium-sized enterprise stock transfer system on June 11.

    On October 22, 2015, the BCA ceramic abrasive developed by the company was sent to Japan, marking the official production of BCA ceramic abrasive.

    On July 4, 2016, TYROLIT company paid a visit to the company for the first time, which opened the prelude of Joint Venture and cooperation between the two parties. After several rounds of meetings in Beijing and Qingdao for nearly one and a half years, the two parties formally signed a Joint venture capital increase contract on December 20, 2017.

    On February 1, 2018, the new line with an annual output of 500 tons of BCA ceramic abrasives was officially put into production. After the new line is put into production, it will further better and faster provide customers with high-quality products and services. The company plans to join hands with foreign capital to build an international top three base of ceramic corundum new materials in Qingdao in the next five years.
    On March 15, 2018, the chairman and his delegation visited the Austrian headquarters of telltale. The chairman and his delegation visited and studied in TYROLIT production workshop, grinding center and storage system, and gained a lot. During the visit, TYROLIT executive meeting presided over the working meeting regarding SISA abrasives. The new ship of " TYROLIT + SISA" has launched, and the world giants of grinding industry have entered a new era of development hand in hand with SISA.

    On March 16, 2018, Sino-Austrian Joint Venture SITY (Qingdao) new materials Co., Ltd. was officially established.

    On May 15, 2018, the 20th anniversary of the founding of SISA abrasives and the Joint Venture celebration ceremony of SISA with TYROLIT was held in Hilton Hotel, West Coast new area, Qingdao.