JCF(SZ:000420) Xin Hua Wang·2025-08-12 06:35Core Viewpoint - The article highlights the significant advancements and market potential of carbon fiber, particularly through the efforts of Jilin Chemical Fiber Group, which has transitioned from reliance on imports to becoming a leading producer in the industry [1][4]. Group 1: Carbon Fiber Production and Innovation - Carbon fiber, known as "black gold," is noted for its strength, being 7 to 9 times stronger than steel while being extremely lightweight [1]. - Jilin Chemical Fiber Group has developed proprietary technologies for carbon fiber production, achieving a sales volume of over 25,000 tons in the first half of the year, representing a 65% year-on-year increase, with an annual forecast of over 56,000 tons [3][4]. - The company has successfully reduced its dependency on imports by establishing a domestic production capability since 2012, following years of research and development [3][4]. Group 2: Market Applications and Demand - The carbon fiber products have found applications in various sectors, including wind energy, sports equipment, and automotive components, with the wind power sector holding a 95% market share in the domestic market [4]. - The demand for carbon fiber is driven by the rapid growth of low-altitude economy, wind energy, and sports industries, prompting the company to aim for an annual production capacity of 70,000 tons by next year [4]. Group 3: Broader Industry Context - Jilin Chemical Fiber Group also produces other fibers, such as artificial silk and bamboo fiber, with significant global market shares of 34% and 90%, respectively [5]. - The overall high-tech manufacturing sector in Jilin Province has shown robust growth, with a 17.9% increase in value added in the first quarter, indicating a strengthening industrial base [8].