Huafeng Spandex Company has 48 production lines and is the largest spandex manufacturer in my country. The company's product differentiation rate has reached the level of advanced countries in the world, and has driven the company's comprehensive gross profit margin to be higher than the level of its peers. The company's production costs are also at a low level in the industry: on the one hand, raw materials, which account for about 60% of the production costs, can further reduce costs by relying on the group's bulk purchasing platform; on the other hand, the company has developed high-speed spinning technology to reduce production efficiency and energy saving. The consumption is at the leading level in the industry.

The main business of Yantai Spandex Company consists of spandex and aramid. The company is the first spandex manufacturer and the largest aramid manufacturer in China. In the first half of 2008, the company's spandex business revenue accounted for 73%, gross profit accounted for 62%, and gross profit margin was 28%; aramid business revenue accounted for 27%, gross profit accounted for 38%, and gross profit margin was 47%; the profitability of aramidex business is stronger than that of spandex business. .

Youli Holdings, formerly known as Shuka Holdings, is an important representative of the chemical fiber textile sector. The company acquired the equity of Youli Special Fiber through private placement, which greatly expanded the company's spandex production capacity, making the company's production capacity among the top three in the country. The advantage of Youli Special Fiber lies not only in the scale and quality of its products, but also in terms of income tax benefits, including two years of exemption and three years of half reduction. The company's main business is the sales of new textile and packaging materials, real estate development, etc. In February last year, high-priced private placement raised funds to build high-tech functional differentiated spandex projects with an annual output of 10,000 tons. After the project is put into production, it will ensure that the company is at the forefront of the spandex industry in terms of production capacity and quality.

As a leader in the viscose industry, Xinxiang Chemical Fiber Company mainly produces and sells viscose filament, viscose staple fiber and spandex. In the first half of 2009, the revenue proportions of viscose filament, viscose staple fiber and spandex were 57, 32 and 11 respectively. The company's main revenue and profits still come from viscose filament and viscose staple fiber, accounting for 89% of the main revenue. The company's "Swan" brand viscose filament has been recognized as a well-known trademark in China by the State Administration for Industry and Commerce. As an important raw material in the textile and weaving industry, "Swan" brand viscose filament occupies a considerable share in the domestic and foreign markets due to its inherent excellent quality and brand effect. While the company is expanding and strengthening the spandex industry, it is also involved in wastewater treatment and environmental protection projects and equity investments in financial companies.

Baoding Swan Company’s “Swan” brand viscose filament has been recognized as a well-known trademark in China by the State Administration for Industry and Commerce. As an important raw material in the textile and weaving industry, "Swan" brand viscose filament occupies a considerable share in the domestic and foreign markets due to its inherent excellent quality and brand effect. While the company is expanding and strengthening the spandex industry, it is also involved in wastewater treatment and environmental protection projects and equity investments in financial companies.

*ST Deheng (600699) has a spandex production capacity of 2,500 tons. The company uses Nisshinbo’s dry spinning technology, which is the same as Shuka’s technology. It is considered advanced in the country. Its spandex brand is “Reiss” (RASIE)". The company established Liaoyuan Derui Textile Co., Ltd. to mainly build downstream extension product projects for spandex products, producing T/C spandex core-spun yarn, T/R spandex core-spun yarn, cotton spandex core-spun yarn and other spandex extension products.