Yancheng Xiangsheng Carbon Fiber Technology Co., Ltd. is a national high-tech enterprise approved by the Development and Reform Commission and the Industry and Commerce Bureau (certificate number: GR201932008006). Its registered trademark is "Xiangli". The company covers an area of ​​10 acres and has more than 6,000 square meters of standardized factory buildings. The total investment is 35 million yuan. It integrates scientific research, development, production and sales. It is committed to studying the functionality and design diversity of special fiber composite materials such as carbon fiber and aramid fiber. It has developed 16 series of products with independent intellectual property rights: carbon fiber for plastic reinforcement, carbon fiber powder for friction materials, short-cut carbon fiber for braking system, carbon fiber filament, aramid staple fiber, high-strength and high-modulus polyethylene staple fiber, polyacrylonitrile engineering fiber, polypropylene staple fiber, polyester engineering fiber, polypropylene engineering fiber, fiber cutting machine, special fiber cutting machine, etc.

The company has 6 invention patents and more than 60 utility model patents. It obtained the national high-tech enterprise certification in 2016 and passed the review twice in a row. In 2018, it was approved as the Yancheng (Xiangsheng) Shell Carbon Fiber Products Engineering Technology Research Center, and in 2019, it obtained the "Intellectual Property Advantage Enterprise" certificate issued by the State Intellectual Property Office. In May 2024, it passed the "Specialized, Refined, Special and New Small and Medium Enterprises" certification of the Jiangsu Provincial Department of Industry and Information Technology. The company has complete testing and experimental equipment and is now a member unit of the Jiangsu Invention Association and a governing unit of the China Friction Sealing Materials Association.