It is understood that Yili Group is a global leader in high-performance Nylon 66 fibers for the apparel industry. In April last year, the Group and Yili Group reached a strategic cooperation agreement to establish a joint venture in the Nylon New Materials Development Zone to jointly build a Nylon 66 civilian filament project, working together to promote the development of the domestic high-end Nylon 66 civilian filament industry.

Kang Xia said that the holding of the groundbreaking ceremony marks the substantive construction phase of the cooperation project between Yili Group and China Pingmei Shenma Group. We believe that through the unremitting efforts of all parties, the Shenma Yili project will surely move towards a better future.

Li Benbin said that the Shenma Yili project is a concrete practice of implementing the Provincial Party Committee's "Ten Strategies" and solidly carrying out the new business multiplication action. It opens a new blue ocean for China Pingmei Shenma Group to deeply implement the "Big Nylon" development strategy, promote the extension of the industrial and value chains to the high end, and accelerate the construction of a globally outstanding leading enterprise in functional materials. During the project construction process, participating units must go all out, earnestly implement the "Seven-Character Formula" of main, cautious, good, fast, economical, excellent, and new, reverse the schedule, fight according to the plan, strictly control the nodes, and efficiently construct, fully improving the overall economic benefits of the project, striving to build a globally competitive high-end Nylon 66 civilian filament production base as soon as possible.

Leaders attending the groundbreaking ceremony jointly laid soil to mark the foundation of the project.