The company was founded in 2006 and belongs to China Building Materials Group Co., Ltd., one of the world's top 500 enterprises managed by the State Council's State-owned Assets Administration Commission. It is a national high-tech enterprise integrating R&D, production and sales of carbon fiber and its composite materials. The company has production bases in Lianyungang, Xining, and R&D bases in Shanghai, which rank among the highest in the country in terms of production capacity. The company was successfully listed on the Shanghai Stock Exchange on April 6, 2022. The company is a national high-tech enterprise specializing in R&D, production and sales of carbon fiber and its composite materials. Main products include SYT45, SYT49S, SYT55S, SYT65, SYT70, SYM35X, SYM40J, SYM40X, SYM46J, SYM50J, SYM46X,. SYM55J SYM60J Corporate honors: “First Prize of the National Science and Technology Progress Award”, “China Industry Award Commendation Award”, Jiangsu High-tech Products and other honors.