Hi-Tech Fiber Group Corporation is a subsidiary of China Hi-Tech Group Corporation, which is a subsidiary of Sinomach The company aims to build a R&D and production base of new bio-based fiber and products, to become the most competitive bio-based fiber engineering technical service provider and engineering contractor in China, and to build a new fiber material industry group with the largest scale, the most advanced technology and the highest level of automation control in China. The company will build into the most innovative and competitive enterprises in the field of new materials, and make contributions to accelerating the construction of the national new fiber industry, strengthening the national scientific and technological strength, accelerating the modernization of national defense, and improving the quality of people's lives.
The company takes advantage of technology and equipment of China Hi-Tech Group Corporation, actively integrates new fiber material technology, engineering and equipment resources at home and abroad, and focuses on the development of high-performance, new environment-friendly, renewable fiber materials with high scientific and technological content. At the same time, the company is committed to the use of modern science and technology to promote industrial technological progress and upgrading and lead the development of the industry.
The main business of the company includes the production and sales, R&D and engineering technical service of differential viscose, lyocell fiber, polylactic fiber and products, differential polyamide fiber and new bio-based yarn, etc..
The main wholly-owned and holding subsidiaries under Hi-Tech Fiber Group Corporation include Baoding Swan Fiber Co., Ltd., Weifang Xinlong Biomaterial Co., Ltd., Ecospire CHTC Co., Ltd., CHTC Sinofiber Wuxi Co., Ltd, Hi-Tech New Materials Technology＆Engineering Co., Ltd. CHTC New Material Engineering Co., Ltd., Hi-Tech Polyace Biobased Fiber Co., Ltd., Hi-Tech (Jiangxi) Textile Design Institute Co., Ltd., Hi-Tech (Anhui) Architecture Design & Research Institute Co., Ltd., Jiangsu Mingyang Chemical Fiber Co. Ltd., Baoding Branch of Hi-Tech Fiber Group Corporation and CHTC Bio-based Material Engineering Technology (Ningbo) Co., Ltd.