The company's predecessor was the state-owned Nanjing Chemical Fiber Factory and was founded in 1964. In September 1992, its main production and operation net assets were assessed and restructured as a joint stock enterprise. In March 1996, it was listed on the Shanghai Stock Exchange. The current controlling shareholder is Nanjing Xingong Investment Group Co., Ltd., and the final actual controller is the State-owned Assets Supervision and Administration Committee of the Nanjing Municipal People's Government. The company is mainly engaged in the production and sale of viscose staple fibers and PET structural core materials, and the supply of urban ecological water supply. Main products: Viscose staple fiber, PET structural core material. Corporate honors: It has successively passed ISO 9001:2015 quality management system certification, ISO 14001:2004 environmental management system certification, OHSAS 18001:2007 occupational health and safety management system certification, etc.