Xinfengming Group Co., Ltd.(stock code:603225), founded in February 2000,is located in Zhouquan, Tongxiang, a famous chemical fiber town in China. lt is a modern large-scale company integrating PTA,polyester,polyester spinning,texturing, polyester staple fiber and import and export trade. A joint-stock company with more than 50 billion total assets, with more than 20 subsidiaries including Zhongwei, Huzhou Zhongshi Technology, Dushan Energy, Jiangsu Xintuo, etc., and fourbases:Zhouquan Base,Huzhou Base,Pinghu Base and Xinyi Base,with more than 20,000 Employees. In April 2017, Xinfengming (603225) successfully landed in the capital market. It has been awarded the National May 1st Labor Certificate,the NationalNon-public Enterprise "Double Strength Top 100 Party Organizations",the Civilized Unit of Zhejiang Province, the Meritorious Private Enterprise of Jiaxing City and other honorary titles.lt's one of the top 500 Chinese enterprises,and has been among the "Top 500 Chinese Private Enterprises", "Top 500 Chinese Manufacturing Industries",and "Top 100 Enterprises in Zhejiang Province" for many consecutive years. In 2023, the company completed the production of 13,425,800 tons, and achieve the operating income of 108,398,000,000 Yuan.

Only technological innovation can be based on the long term. The company has more than 20 years of polyester filament research and development and production experience, mainly using melt direct spinning production technology. Introducing the world's most advanced polyester plant and spinning equipment, focusing on the field of civil polyester fibers, the product covers the production of differentiated POY, FDY, DTY polyester filament yarns and textile fabrics, knitted cotton, sewing thread, non-woven staple fibers, involving a number of medium- and high-end series of more than 1,000 specifications and varieties. Up to now, the company has annual capacity of 8.6 million tons of polyester filament, and 5 million tons of PTA. In addition, the company relies closely on the national enterprise technology center, national model academician expert workstation, provincial key research institute, provincial engineering center, provincial postdoctoral workstation and other scientific research platforms and R & D institutions, and actively cooperates with well-known universities and scientific research institutes, committing to carry out polyester and polyester technological innovation, product research and development, energy saving and consumption reduction, product upgrading, scientific research declaration, etc. By the end of 2023, the company has presided over and participated in 86 standards, including 2 national standards, 6 industry standards and 5 group standards; more than 600 patents have been authorized, including 11 invention patents and 43 utility models authorized in 2023, and the company has won the second prize for scientific and technological progress from China National Textile Industry Federation (CNTIF), awarded the Model Science and Technology Enterprise of Innovation in Textile Industry in 2023, the Contribution Prize for Product Development of CNTIF, the "Differential Chemical Processing efficient large-scale intelligent manufacturing factory" was selected as one of the top ten China's intelligent manufacturing science and technology progress in 2023 and other hornors.