Decades later, things have changed. Indie music has become incredibly popular among young Chinese music lovers and Modern Sky has grown into the largest indie record label in the country, which is home to over a hundred bands and artists. It's brainchild, Strawberry Music Festival, has become a popular outdoor music event, attracting a young Chinese audience from across the country. The label has also expanded its reach by establishing satellite offices, signing local bands and artists and hosting outdoor music festivals in the United Kingdom and the United States.

With fans opening up to a greater diversity of music, New Pants has been experimenting various different styles, such as old school punk, disco, and electronic music.

The music, however, is not all that keeps New Pants going.

In his early 40s, Peng, who is now a father, says that the key to the bands longevity is the constant energy and drive to be creative.

Besides music, Peng, who was born into an intellectual family, has embarked on various career opportunities. He published a book of illustrations, directed movies and has held art exhibitions.

One of his books, Beihai Monster, released in 2009, was inspired by his own life and named after Beihai Park, which was one of his favorite places as a child.

Like Peng, keyboard player Pang has also developed his career in other fields besides music, launching his own fashion brand and working as a designer.

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