The company was established in March 2006 with a registered capital of 620 million yuan and a total investment of 2 billion yuan. It is a national high-tech enterprise controlled by China Building Materials Group, the largest domestic enterprise producing and selling T300, T700, T800 and M30 carbon fibers, and the only domestic enterprise supplying T800 carbon fibers to the market. The domestic market share of carbon fiber has reached more than 60%, and it has been applied in aerospace.
In 2008, the company successfully passed the ISO900 1 quality management system certification. It is the first batch of small and medium-sized science and technology enterprises in Jiangsu province, and the key cultivation enterprises of small and medium-sized science and technology enterprises in Jiangsu province. The company has established an advanced carbon fiber manufacturing base, a provincial R&D key university and an enterprise technology center in Jiangsu Province, and established a "Industry-University-Research" consortium with many universities and research institutes at home and abroad.