The company is a key high-tech enterprise in the National Torch Program and a high-tech enterprise in Jiangsu Province. It was listed on the Shanghai Stock Exchange in November 2003. The company adheres to market-oriented, uses the world's advanced technology equipment and modern scientific management as a means, makes full use of the national enterprise technology center and the Jiangsu New Synthetic Fiber Engineering Research Center platform to continuously improve its ability to develop and innovate independently. At the same time, it strengthens industry-university-research cooperation with scientific research institutions and institutions of higher learning, and is committed to developing and producing high-value-added fiber products to build a technology-leading chemical fiber enterprise with international competitiveness for China Contributing to the development of the chemical fiber industry. The company's core business is chemical fiber manufacturing business. The company mainly produces polyester wool strips and composite staple fibers. Corporate honors: National Torch Program, National Certified Enterprise Technology Center, Key High-tech Enterprise, Jiangsu Outstanding Private Enterprise 2014, Jiangsu Top 100 High-tech Enterprises, etc.