Xinfengming Group

What Xinfengming Group does

Xinfengming Group Co., Ltd. is a vertically integrated Chinese polyester chemical fiber manufacturer founded in 2000 and headquartered in Tongxiang, Zhejiang Province. The company operates across the PTA-to-finished-fiber value chain, producing POY (Pre-Oriented Yarn), FDY (Fully Drawn Yarn), DTY (Draw Textured Yarn), staple fiber, polyester chips, and PTA as upstream raw materials, serving textile manufacturers, garment producers, and home furnishing companies domestically and for export to Vietnam, India, Pakistan, Turkey, Egypt, Saudi Arabia, Brazil, and other markets.

The company operates four major production bases across Zhejiang and Jiangsu provinces (Tongxiang Zhouquan, Huzhou Donglin, Pinghu Dushan, Jiangsu Xinyi) with over 10 million tonnes of annual production capacity and a stated target of 20 million tonnes by 2025. Its core technology is Melt Direct Spinning integrated with the proprietary "Feng Platform" (凤平台), an in-house 5G + Industrial Internet platform combining master data, real-time production data, ERP, MES, and BI for AI-powered quality inspection (8K cameras detecting floating-silk defects in 0.2 seconds per station), IGV-based automated logistics, and unattended fully automated production. The platform has yielded 13 AI scenario applications and 40+ replicable digital solutions.

Xinfengming's business model is direct B2B manufacturing with transaction-based pricing (no public price list) and pay-as-you-go billing. Revenue streams span core polyester products, upstream PTA, green and recycled fibers (made from recycled PET bottles), specialty differentiated fibers (antimicrobial, flame-retardant, moisture-wicking, hollow-insulation, cotton-like), and a small but growing digital transformation services line (over 20 million yuan external contract revenue serving 100+ enterprises including State Grid and Jiuli Special Materials) operated through a subsidiary called Wuxian Development. The company sells direct to manufacturers, exports through a dedicated international trade team, and has been listed on the Shanghai Stock Exchange since April 2017 under ticker 603225.

Name

Xinfengming Group

Legal name

新凤鸣集团股份有限公司

Website

https://xinfengming.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Xinfengming Group is a vertically integrated Chinese polyester chemical fiber manufacturer producing POY, FDY, DTY, staple fiber, and PTA across four production bases for textile, garment, and home furnishing customers, with over 10 million tonnes of annual capacity.

Ownership category

akta.pro rank

Product category

Polyester Chemical Fiber Manufacturing

NAICS

Artificial and Synthetic Fibers and Filaments Manufacturing (32522)

SIC

Textile Mill Products (2200)

akta.pro primary industry

Filament Yarn Manufacturing (POY/FDY/DTY) (IMAOAAAE)

akta.pro secondary industries

Man-Made Fiber Manufacturing (Polyester/Nylon/Acrylic/Viscose) (IMAOAAAB), Industrial & Technical Yarn Manufacturing (High-Tenacity/Aramid/Carbon/Glass) (IMAOAAAG), Coated & Laminated Base Fabric Mills (Pre-finish Substrates) (IMAOABAI)

Keywords

• Polyester fiber manufacturing
• Chemical fiber production
• PTA manufacturing
• Differentiated polyester yarn
• Textile raw materials

Headquarters

HQ city

Huzhou

HQ country

China

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Infrastructure, Technology or R&D, Operations

Revenue model

1. Chemical Fiber Products (Polyester): Core revenue from manufacturing and selling polyester chemical fiber products including POY (Pre-Oriented Yarn), FDY (Fully Drawn Yarn), DTY (Draw Textured Yarn), staple fiber, and specialty fibers. The company operates an integrated value chain from PTA to polyester resin, filament, texturing, and international trade. Products are sold to textile manufacturers, garment producers, and home furnishing companies in domestic and export markets.
2. PTA (Purified Terephthalic Acid): Vertical integration upstream into PTA manufacturing. The company has 500 million PTA project under development. PTA Phase I and II projects reportedly reduce 95% solid waste, 65% greenhouse gases, and 75% wastewater compared to traditional PTA technology.
3. Digital Transformation Services: Through the company's subsidiary Wujiang Development (五疆发展)信息技术 company, Xinfengming provides digital transformation solutions and services to external enterprises (over 100 companies including State Grid, Jiuli Special Materials), generating over 20 million yuan in external contract revenue. The company has developed 40+ replicable digital products and solutions.
4. Green/Recycled Fiber Products: Recycled fiber products made from recycled PET bottles (e.g., 8 bottles for a summer POLO shirt, 28 for a jacket). Green products including eco-friendly fibers, dye-free fibers, and green energy fibers are prominently featured in product strategy.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Xinfengming Group is a vertically integrated chemical fiber manufacturer producing polyester POY (Pre-Oriented Yarn), FDY (Fully Drawn Yarn), DTY (Draw Textured Yarn), polyester staple fibers, specialty differentiated fibers, PTA (Purified Terephthalic Acid), and polyester film. The company operates four major production bases across Zhejiang and Jiangsu provinces, integrating PTA-to-fiber manufacturing with the industry's first 5G+ Industrial Internet platform (Feng Platform) enabling unmanned automated production and AI-powered quality inspection.

Product overview

新凤鸣集团是一家集PTA、聚酯、纺丝、长丝/短纤、加弹、进出口贸易为一体的现代大型股份制企业。主要产品包括POY系列（预取向丝）、FDY系列（全拉伸丝）、DTY系列（拉伸变形丝）、原液着色系列、短纤系列、聚酯切片系列、PTA系列及半消光扁平涤纶预取向丝等核心化纤产品。特色服务产品包括吸湿排汗纤维、抗菌纤维、阻燃纤维、中空保暖纤维、涤纶仿棉、NPDDP常压染色涤纶等差异化功能纤维。公司还建设了凤平台（5G+工业互联网平台），为行业提供数字化解决方案，已形成40个可复制可推广的产品和方案。产业布局覆盖PTA—聚酯—长丝—短纤的完整产业链，在桐乡洲泉、湖州东林、平湖独山、江苏徐州四大基地运营。

Differentiator

Problem solved

Functional benefit

Products and services

• POY Series (Pre-Oriented Yarn) (POY系列) Polyester pre-oriented yarn available in 75D-300D specifications including semi-dull, bright, full-dull, and black yarn variants, used for subsequent stretch deformation processing. Targeted at downstream textile manufacturers.
• FDY Series (Fully Drawn Yarn) (FDY系列) Fully drawn polyester yarn with specifications from 40D-1000D, used for weaving, knitting, and other textile applications. Targeted at fabric manufacturers and garment producers.
• DTY Series (Draw Textured Yarn) (DTY系列) Draw textured polyester yarn with specifications 75D-900D, used for garment fabrics and home textile applications. Targeted at garment fabric producers and home furnishing manufacturers.
• Dope-Dyed Yarn Series (原液着色系列) Solution-dyed polyester fiber available in composite yarn and colored yarn variants, 68D-350D specifications, with rich color range and environmental benefits through elimination of post-dyeing. Targeted at environmentally-conscious textile manufacturers.
• Short Fiber Series (短纤系列) Polyester short fiber including high-strength short fiber, water-jet short fiber, medium-length short fiber, vortex-spun short fiber, and 3D hollow/non-silicone short fiber variants. Used for non-woven fabrics, water-jet applications, and filling applications. Targeted at non-woven fabric producers.
• Polyester Chip Series (聚酯切片系列) Polyester chips including cationic polyester chips, flame-retardant polyester chips, semi-dull polyester chips, and super-bright polyester chips. Used as raw materials for downstream fiber and resin production. Targeted at resin manufacturers and downstream processors.
• PTA Series (Purified Terephthalic Acid) (PTA系列) PTA is the main raw material for producing polyester, appearing as a white powder, an important bulk organic raw material. Targeted at polyester resin manufacturers and integrated downstream producers.
• Moisture-Wicking Fiber (吸湿排汗纤维) Polyester fiber with modified cross-section shape providing permanent moisture-conducting and breathable channels. Widely used in sportswear, underwear, and close-fitting garments. Targeted at sportswear and intimate apparel manufacturers.
• Antimicrobial Fiber (抗菌纤维) Nano-silver antimicrobial polyester fiber with 99.9% inhibition rate against Staphylococcus aureus, Candida albicans, and Escherichia coli. Used for medical, apparel, and other applications. Targeted at medical textile and protective apparel producers.
• Flame-Retardant Fiber (阻燃纤维) Phosphorus-series flame retardant in-situ polymerized polyester fiber with Limiting Oxygen Index (LOI) of 32% or higher. Used for safety protection, home furnishings, and other applications. Targeted at safety/protective equipment manufacturers and home textile producers.
• Hollow Insulation Fiber (中空保暖纤维) Polyester fiber with triangular hollow structure providing lightweight warmth and good moisture permeability. Used for thermal underwear, quilts, and bedding applications. Targeted at bedding and thermal apparel manufacturers.
• Spun Cotton Imitation (涤纶仿棉) POY and FDY combined through a special spinning process, delivering cotton's moisture-absorption and warmth properties along with polyester's mechanical performance. Targeted at manufacturers seeking cotton-like polyester alternatives.
• NPDDP Disperse Dye Normal Pressure Dyeing Polyester (NPDDP) Disperse dye normal pressure dyeing polyester that dyes below 100 degrees Celsius, saving 20-30% energy and reducing 33kg of CO2 emissions per tonne of product. Targeted at energy-conscious dyeing processors.
• Feng Platform - 5G+ Industrial Internet Platform (凤平台) Industry's first national-level industrial internet platform integrating Master Data, Real-time Data, ERP, MES, Big Data & BI, and Industrial APPs. Enables smart production, sales, and logistics applications. Built on 5G infrastructure, with 40+ replicable digital products and solutions delivered to over 100 external enterprises including State Grid and Jiuli Special Materials. Provided to external enterprises for digital transformation.

Quantifiable outcome

• Per capita production reaching 800 tonnes/year, the highest in the industry
• +9 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature6 records

Partnerships

14 partnerships are on record, tiered strategic, core and minor.

• China Railway Shanghai Bureau Group (中国铁路上海局集团公司)strategicStrategic or Co-development Partner · 2 June 2026On June 2, 2026, China Railway Shanghai Bureau Group Secretary and Chairman Zhao Lijian led a team to Xinfengming for cooperation exchange. Discussions focused on logistics transportation and resource sharing. Both parties expressed interest in strengthening high-level exchanges, establishing normalized communication mechanisms, and exploring new 'road-enterprise cooperation' models in modern logistics system construction.
• Barmag (Oerlikon Barmag)coreTechnology or Integration · 7 May 2025Barmag (a business unit of Oerlikon) is Xinfengming's most valued strategic partner, having collaborated for over two decades. Barmag supplies spinning equipment (巴马格纺丝设备) to Xinfengming. On May 7, 2025, Barmag CEO Georg Stausberg led the global management team to visit Xinfengming to discuss deepening collaboration. Barmag reaffirmed its 'customer-centric' service philosophy and commitment to Xinfengming. Xinfengming Chairman Zhuang Yaozhong described Barmag as 'one of our most crucial global strategic suppliers'. The partnership aims to upgrade to a 'value-co-creation alliance'.
• Saudi Basic Industries Corporation (SABIC)coreStrategic or Co-development Partner · 23 April 2024SABIC is one of Xinfengming's most important business partners, maintaining a long-term stable cooperative relationship. On April 23, 2024, SABIC Chemicals Strategic Business Unit Executive Vice President Olivier Gerard Thorel led a delegation to Xinfengming. SABIC is pursuing a 'going global' strategy and seeks industrial development cooperation opportunities with Xinfengming in multiple fields. The partnership focuses on resource integration and mutually reinforcing cooperation.
• China Aerospace Science and Industry Corporation (CASIC) - Tianmu-1 ConstellationstrategicStrategic or Co-development Partner · 25 December 2023CASIC developed the Tianmu-1 Constellation satellites including the 'Tongxiang Xinfengming' satellite (Constellation #13) launched on December 25, 2023. The satellites are used for global atmospheric environment element information and will enable three-dimensional integrated operational exploration of global oceans, atmosphere, and ionosphere. This is the first time a Tongxiang enterprise has participated in satellite launch with a title.
• State Grid Corporation of China (国家电网)minorOthersXinfengming's digital subsidiary (五疆发展信息技术公司) has provided internet services to over 100 external enterprises including State Grid, providing cloud and digital services to government, enterprise, and education sectors.
• Zhejiang JiuLI Special Materials (久立特材)minorOthersZhejiang JiuLi Special Materials is one of over 100 external enterprise customers served by Xinfengming's digital subsidiary (五疆发展), receiving digital transformation services.
• Donghua University (东华大学)strategicStrategic or Co-development PartnerXinfengming established the Donghua University - Xinfengming Fiber New Materials Technology Development Center for joint research and development in fiber materials.
• China Jiliang University (中国计量大学)strategicStrategic or Co-development PartnerXinfengming and China Jiliang University established the Xinfengming-China Jiliang Quality Engineering Research Center for quality engineering and measurement technology research.
• Zhejiang Sci-Tech University (浙江理工大学)strategicStrategic or Co-development PartnerXinfengming and Zhejiang Sci-Tech University established the Xinfengming Fiber Technology Center for joint fiber technology development and talent training.
• Jiaxing University (嘉兴学院)strategicStrategic or Co-development PartnerXinfengming has a talent cultivation program '优纤育人计划' with Jiaxing University and an 'Excellent Materials Engineer' cultivation program with Huzhou Normal University.
• Huzhou Normal University (湖州师范学院)strategicStrategic or Co-development PartnerXinfengming cooperates with Huzhou Normal University on the 'Excellent Materials Engineer' cultivation program, one of the more than 10 university partnerships.
• Tongxiang Technician College (桐乡技师学院)strategicStrategic or Co-development PartnerXinfengming cooperates with Tongxiang Technician College on the 'Enterprise New Apprentice' skill training program, combining enterprise and school-based training.
• Nobel Laureate Barry Sharpless and Academician Jiang ShichengcoreTechnology or IntegrationXinfengming's enterprise technology center is led by Nobel Chemistry Prize Laureate Barry Sharpless and Academician Jiang Shicheng, along with National Key R&D Program Chief Scientist and Technology Director Zhao Chuncai.
• ContiTech (formerly DuPont/康泰斯杜邦工艺)coreTechnology or IntegrationXinfengming uses melt direct spinning technology and imported ContiTech (formerly DuPont) polyester equipment as part of its core manufacturing process.

Scale indicators16 records

Recent moves10 records

Expansion highlights7 records

Broad incumbents

• Sinopec Yizheng Chemical Fiber: Yizheng is the polyester filament arm of Sinopec, one of the longest-established large-scale polyester producers in China, with overlapping POY/FDY/DTY and staple fiber lines.
• Eastern Shenghong (Jiangsu Eastern Shenghong): Shenghong has rapidly scaled a fully integrated polyester filament and PTA complex, competing with Xinfengming in the same differentiated and commodity filament categories in eastern China.
• Rongsheng Petrochemical: Rongsheng operates the massive Zhejiang Petrochemical complex (PX/PTA) and competes with Xinfengming both in PTA supply and downstream polyester fiber, representing the largest integrated threat.
• Hengli Petrochemical: Hengli operates a fully integrated PX-PTA-polyester complex that dwarfs Xinfengming's filament operations; it competes directly on POY/FDY/DTY but also benefits from upstream PX/PTA economics that Xinfengming only partially captures.
• Hengyi Petrochemical: Hengyi is one of China's largest PTA producers and a major polyester filament competitor, with an integrated PX-PTA-polyester chain that overlaps with Xinfengming's PTA-to-fiber vertical integration strategy.
• Indorama Ventures: Indorama is the world's largest PET and polyester producer and a global peer in filament and specialty fibers, competing with Xinfengming in export markets and recycled/sustainable fiber segments.
• Reliance Industries (Polyester Chain): Reliance operates one of the world's largest integrated polyester value chains (PX-PTA-POY/FDY) and is a global export competitor to Chinese polyester filament producers including Xinfengming.

Regional players

• Wanhua Chemical: Wanhua is a Chinese chemical giant with adjacent polyester-relevant chemicals (e.g., MDI, PU) and competing end-market exposure, making it a relevant broad-incumbent reference for Xinfengming's chemical fiber positioning.

Emerging players

• Sanfangxiang Group: Sanfangxiang is a mid-tier Chinese polyester filament and recycled fiber producer, overlapping with Xinfengming in POY/FDY and the growing recycled fiber segment.

Direct peers

• Tongkun Holding Group: Tongkun is China's largest polyester filament producer and Xinfengming's closest direct competitor, with overlapping POY/FDY/DTY product portfolios, comparable scale, and a similar Zhejiang-based production footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubexinfengming.com/cn/video-highlights

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xinfengming Group