Yantai Tayho Advanced Materials Co, located in the coastal city of Yantai, was listed on the Shenzhen Stock Exchange (Code 002254) in 2008.
Founded in 1993, the company now has 1400 employers with total assets of over 2.5 billion yuan ($403.2 million). The company is committed to improving human living environments, living quality and life and health protection. Its products range from spandex, meta-aramid and para-aramid to chemicals, making it the largest high-tech fiber production base in China.
Spandex products are mainly used in the fields of elastic clothing and medical care textiles. Aramid fiber products are the key materials for military equipment manufacture and the aerospace industry.
The company has a national aramid engineering technology research center and a Shandong province aramid fiber key laboratory to produce high-end aramid materials. With favorable conditions, it aims to develop into a first-class research base for producing aerospace and military material.