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Recently, Jiangsu Jinyu Advanced New Materials Science & Technology Ltd Co., total investment of 150 million Yuan (US$ 24.2 million) carbon fiber composite materials project held a groundbreaking ceremony in Huaian Economic Development Zone with a total construction area of 35000 square meters.
As a private high-tech enterprise, Jiangsu Jinyu cooperates with Sinopec Jilin Chemical Group Jilin carbon fiber factory and Shandong University Carbon Sciences institute specialized in carbon fiber composite materials research and development, production, and sales.The company mainly produces carbon fiber cable core with advanced production equipment, advanced technology, and the products have high added value. Phase one of the project will be completed in June this year. After the whole project is completed, it can realize annual sales of 150 million Yuan (US$ 24.2 million).More information:www.jinyugaoxin.comOriginal language Chinese