Xingfa Group was established in 1995. After more than 30 years of development, the company has a well-managed organizational structure and has become a partner of many textile enterprises in purchasing, service and information, being a supermarket of light textile raw materials with the largest sales volume in the whole China Light Textile Raw Material Market. Xingfa has a warehouse area of 10,000 square meters and sells more than 300 kinds of varieties with complete specifications, which can meet the needs of textile enterprises for various production materials and eliminate the trouble of multiple purchases. The company's products have stable batch numbers, reasonable prices, timely delivery and excellent service. Business scope: cotton yarn, polyester, spandex, ACY.

Shaoxing Xingji Import & Export Co. was established in 2007, is engaged in import and export business of light textile raw materials. Relying on the product advantages of Xingfa Group, it is exported to all over the world. Business scope: cotton yarn, polyester, spandex, air covered spandex yarn (ACY), viscose yarn.

Shaoxing Chengbang Hi-Tech Fiber & Technology Co.,Ltd, with a registered capital of 209 million.The factory covers an area of 140,000 square meters. In May 2021 formally put into production, the park area is equipped with new BARMAG WINGS winding equipment, at the same time supporting BARMAG draw texturing machine more than 150 sets of various sizes to produce differential fiber, functional fiber and recycled fiber. It has an annual capacity of 200,000 tons.

Shaoxing Youbang Polyester Spandex Co.，Ltd has a registered capital of USD 15 million and covers an area of more than 100 acres, with an existing plant of more than 40,000 square meters. The company is affiliated with Youbang Spandex Factory and Youbang Polyester Factory, whose business scope includes various spandex products and polyester products. Youbang Spandex Factory is a professional spandex fiber manufacturer approved by the State Textile Bureau, with a total investment of nearly 200 million yuan. The main production equipment is imported from Japan TMT and other famous professional spandex equipment manufacturing companies. High degree of automation, good product quality, fine management, equipment and process level are in the industry leading position, and specializing in the production of various spandex products. Youbang Polyester Factory was established in March 2009, with an initial investment of 200 million yuan, and 22 advanced Bamag spandex machines, with high quality raw materials, mature technology and fine management, specializing in the production of high quality and special style DTY. Product positioning: 1, high quality; 2, special style; 3, differentiation. Business scope. 1、Spandex class 20D, 30D, 40D, 50D, 70D, etc. 2, polyester class 75D/72F, 75D/144F, 100D/144F, 118D/72F, 150D/144F, 150D/288F, 200D/288F, etc.

Chengbang Air Covered Yarn Co.,Ltd was established in 2002, the company has 38 sets of air covered yarn machines and 18 sets of mechanical covered yarn machines, with an annual output of 15,000 tons of various composite yarns, spandex covered yarns and corespun yarns, the company selects all kinds of high-quality raw materials and strives to produce high-quality products. Business scope: air covered spandex yarn, corespun yarn

Zhejiang Tongxing Venture Capital Company Profile

Zhejiang Tongxing Venture Capital Co., Ltd. was established in 2007, is a wholly-owned subsidiary of Zhejiang Xingfa Chemical Fiber Group. Tongxing Venture Capital is an investment company growing up under the strong capital platform of the Group. It mainly engages in financial investment and industrial investment, based on the Group's policy of walking in tandem with industry and capital, relying on the Group's extensive social resources and the wisdom accumulated by the industrial management team in long-term practice. The investment company has always adhered to the development requirement of "Maintain priority and keep moving forward", and has invested in the following projects since the establishment of the company.

1、In November 2007, invested in Shaoxing Hengxin Cooperative Bank

2、In December 2007, invested in Founder Securities, which was listed in August 2011 (601901)

3、 In August 2008, invested in Shaoxing Longshan Sabre Venture Capital Co.

4、 In January 2009, invested in Polycom Technology, which was listed in April 2011 (300203)

5、In July 2009, invested in Zotye Auto

6、 In March 2010, invested in Zhongnong Holdings

7、 In January 2011, established Zhejiang Shengdao Investment Management Co.

8、 December 2014, invested in Caitong Securities 

9、partnership of Hangzhou Meizheng Equity Investment Company invested in Hangzhou U-Tech Co., Ltd. and Hangzhou Point High Network Technology Co., Ltd. in October 2015, and acquired 100% equity to the listed company Cixing in July 2016 through integration.

10、The partnership of Xixiaojiang Equity Investment Company invested in Zhejiang Xindi Zailong Coating Technology Co.

With the concept of "realizing common prosperity", our company is sincerely willing to cooperate with friends from all walks of life who share the same interests and pursue mutual benefit and win-win situation, and realize the value of investment together.

Based on the steady development of light textile raw material industry, the Group actively explores real estate and cooperates with three other sister companies to set up Zhejiang Lianqiang Real Estate Co.

Shaoxing Tongcheng Real Estate Co. Ltd. is located in the industrial development zone of Qianqing Town, Shaoxing County, and its current development project is Xingfa Building, which is located in the west area of the "Daqianmen" international trade zone of Qianqing raw material market of China Textile City. The total construction area of Xingfa Building is 21,102 square meters, the main building has 11 floors, the first, second and third floors are connected to the main building for the framework structure, the north building has 4~11 floors for business office and scientific research development, the south building has 4~11 floors for residential, as a living community.