Yantai Spandex Co., Ltd is high & new tech stock company specializing in the production of special chemical fiber, and the chief member of the Special Fiber Committee China. The total employee is over 800. It owns a total fixed assets of 1.2 billion RMB Yuan (equivalent to 140 million US dollars), occupies an area of 230 thousand sq. meters. The annual spandex capacity is 18,000 tons, making Yantai Spandex the biggest domestic spandex producer.

   Yantai Spandex was established in 1987,as the first spandex fiber manufacturer in China. The full set of spandex manufacturing technology and equipment for the first phase project started operation in October 1989. The New Star® spandex yarn includes the full ranges from 15D to 1120D, being applied widely in knitting, weaving etc as an ideal material for elastic clothes. With the certification of ISO 9001 Yantai Spandex ensures reliable and stable quality, occupies a market share of 20% domestically, exporting at the same time to Europe, America, Southeast Asia, Australia, Middle East and etc.

   Tech. Center talents with doctor's degree and Bachelor's degree is focusing on the research and development work of spandex. The anti-chloride-resistant spandex and dyeable spandex are registered as patent in China.

   Yantai Spandex is listed as the key high & new tech enterprise in the National Torch Plan, and among the 520 key enterprises in China. Benefited from the talents resources and technical advantages, Yantai Spandex explores further in the field of high tech special chemical fiber, and develop the new generation of high temperature insulated material – New Star® meta-aramid fiber.

   Focusing on the production of special fiber, Yantai Spandex will speed up the construction of its "High & New Tech. Industrial Park", to realize an annual spandex capacity of 20,000 tons and aramid fiber 2000 tons by the end of 2005.