"Yongchang (Tianmen) New Materials Co., Ltd. serves as the industrial upgrading entity of Hangzhou Yongchang Polyamide Co., Ltd. (founded in 2003). The company’s origin can be traced back to Wenzhou Yongchang Nylon Co., Ltd. (Yongchang Holding), established in 1993 by brothers Fu Changhuan and Fu Changbao.
Based in Xiaoshan, Hangzhou, Hangzhou Yongchang Polyamide Co., Ltd. has been engaged in polyamide chemical fiber manufacturing for two decades and developed into a leading enterprise in the industry. In response to the national industrial transfer policy and to break through the development bottlenecks of traditional manufacturing in coastal regions, the company entered into a strategic cooperation with the Tianmen Municipal Government of Hubei Province. It invests RMB 2 billion in a project with an annual output of 100,000 tons of high-performance polyamide filament, pioneering an innovative development model featuring Eastern technology + Central China resources."