Core Viewpoint - Inner Mongolia Fengshengtai New Materials Co., Ltd. has successfully completed the acceptance of its annual production project of 6,000 tons of meta-aramid fiber, marking a significant milestone in the development of high-temperature resistant fibers in China [1] Group 1: Project Overview - The total investment for the project is 520 million yuan, divided into two phases: Phase 1 includes two production lines of 1,500 tons each, with construction starting in June 2023 and trial production set for March 2024; Phase 2 will also produce 3,000 tons, beginning construction in June 2024 and expected to be operational by December 2024 [1] - The company was established in March 2023, with the largest shareholder being Inner Mongolia Jiusheng Industrial (Group) Co., Ltd., which is fully owned by the Baotou City Jiu Yuan District Finance Bureau [1] Group 2: Industry Position - Inner Mongolia Fengshengtai New Materials is the third company in China and the fifth globally to achieve industrial production of meta-aramid fiber, following Yantai Taihe New Materials and Jiangsu Chaomeisi New Materials [1] - Meta-aramid fiber is a widely used high-temperature resistant fiber, ranking second in total volume among specialty fibers, known for its excellent heat resistance, dimensional stability, and fireproof properties [1] Group 3: Applications - The fiber is extensively used in protective clothing for various industries, including forest fire protection, oil and petrochemical welding, electrical, chemical, metallurgy, and mining rescue operations, particularly in hazardous environments [1]