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Zhejiang Guxiandao Industrial Fiber Co., Ltd is a joint venture set up in June, 2003, a national high-tech enterprise, with the registered capital of RMB 600 million Yuan. The company specializes in the production and sales of modified polyester chips and differential polyester filaments. The products are widely applied in the auto industry, construction engineering, packaging, leisure and sports, and protective facilities.
        Located in the national economic and technological development zone, Paojiang Industrial Zone in Shaoxing City, the company covers an area of 820 Mu (1 Mu = 666.7m2), with a total floor area of over 400,000 m2. In 2013, the total company assets is RMB 5.4 billion Yuan, with a sales turnover of more than RMB 7.4 billion Yuan, including the foreign exchanges earned through export of US$ 230 Million.
        The company has been awarded such honors as Advanced Technological FIE, National Key Hi-Tech Enterprise, Red List Enterprise by General Administration of Customs, Zhejiang Import & Export Demonstrative Enterprise for Being Lawful and Good Faith, and Backbone Industrial Enterprises of Zhejiang Province; and the products are named as Zhejiang Famous Brands among Exports, Zhejiang Famous Brand, Zhejiang Famous Trademark, and among others. Upholding the “Advanced Technology & Talents First” management philosophy, the company has passed the accreditation of ISO9001:2008 International Quality Management System and ISO 14001:2004 International Environmental Management System, and is implementing OHSAS18001 Occupational Health & Safety Management System
        Guixiandao is always devoted to technical innovation and the development of new products. At present, it has been awarded nine invention patents, and a number of projects have been listed as provincial and ministerial key R&D project, national Torch Plan project, and national key new products, just to name a few. Guxiandao owns the proprietary IPRs with respect to the liquid-phase tackifying fusant direct spinning technology, which helps to cut down drastically the energy consumption required during production and reduces carbon emission accordingly. This technology won the first prize of science & technology progress of Light of Textile by China National Textile and Apparel Council in 2012. Currently, this project has been put into operation and its economic benefits are noticeable. 
        The company has energetically built the science & technology innovation platform, the provincial enterprise research institute, the provincial enterprise technology center, the provincial high-tech technology enterprise research and development center, and the high-performance materials R&D base for polyester industrial yarn new technology in China. While enhancing scientific investments, the company is making preparations for entering the capital market, establishing standardized and sound company management structure and modern enterprise system, which could lay a solid foundation for the company’s sustainable and long-term development.
        With the state-of-art technologies and globally advanced equipment introduced from EU, the plant has been built to produce annually 340,000 tons of modified polyester chips and 380,000 tons of differential polyester filaments annually. The products are exported to 50 countries and regions, such as USA, Canada, Germany and Saudi Arabia and it has an increased market share in Beijing, Shanghai, Jiangsu, and Zhejiang, etc. It is extensively recognized and highly spoken of among the users. The domestic market share of the company’s main product, polyester filament, has reached 22%, the export of which is over 60%. The products have been widely recognized and praised by users at home and abroad.
        During the period of the China’s 12th Five-Year Plan, with industrial fiber as its core, the company will try its best to promote the transformation and upgrading of the industrial structure, develop strategic newly emerging industries based on significant technical breakthrough and development demands, make efforts in low carbon cycle and energy saving fields, enhance the extension and support of the upstream and downstream industrial chains, thus making itself the largest industrial polyester fiber producer in the world. The company will as always uphold the "Customer First, Quality Supreme & Service Foremost" philosophy, strengthen the internal management, improve product quality, and further enhance its core competitiveness. It will continue to make efforts to provide excellent and stable industrial fiber products and services.