Group 1 - The core project of Yulin Hengshen New Materials Co., Ltd. has transitioned to trial production, marking the first large-scale high-performance carbon fiber project in Shaanxi Province with an annual capacity of 20,000 tons [2] - The first phase of the project has achieved an intermediate handover with an annual production capacity of 5,000 tons, utilizing the acrylonitrile method to produce various high-performance carbon fiber products [2] - The total planned investment for the project is 4.73 billion yuan, and it includes 32 main engineering units and 118 sub-engineering projects [2] Group 2 - Yulin Hengshen New Materials Co., Ltd. is a wholly-owned subsidiary of Jiangsu Hengshen Co., Ltd., which was established in 2007 and is a national high-tech enterprise [3] - Jiangsu Hengshen Co., Ltd. is part of the Fortune Global 500 company Shaanxi Coal and Chemical Industry Group and has established multiple research and innovation platforms, including provincial and international research centers [3]