Hongxiang New Materials Co., Ltd. (formerly known as Shandong Hongxiang Chemical Fiber Group Co., Ltd.) was established in 1997 and is located in Dezhou City, Shandong Province. It is an enterprise mainly engaged in the manufacturing of chemical raw materials and chemical products. The registered capital of the enterprise is 153 million RMB, the paid in capital is 153 million RMB, and the equity financing was completed in 2016.