The company was founded in 2002 and belongs to Jiangsu Shuangxiang Group. It is a high-tech enterprise focusing on R&D, production and sales of new microfiber materials. The company was listed on the Shenzhen Stock Exchange in April 2010 and currently has four wholly-owned subsidiaries: Chongqing Shuangxiang Microfiber Materials Co., Ltd., Suzhou Shuangxiang Optical Materials Co., Ltd., Chongqing Shuangxiang Optical Materials Co., Ltd., and Wuxi Shuangxiang Optoelectronic Materials Co., Ltd. The company's main business is artificial leather synthetic leather business segment and optical grade PMMA business segment. Main products: short fiber production (spinning process), non-woven mesh (weaving process), impregnation process (wet process), chemical reduction (extraction process), post-finishing process (oiling and expansion, kneading, polishing, dyeing, printing), dry transfer surface, optical grade PMMA materials, etc. Company honors include key high-tech enterprises of the National Torch Program, key enterprises in the automobile electronics and components industry base of the National Torch Program in the Wuxi New Area, and the leading enterprise in the plastic artificial leather and synthetic leather manufacturing industry in China in 2006.