In the fundamental and strategic emerging industry layout vigorously advocated by the country, the carbon fiber industry, as a pioneer of technological revolution and industrial transformation, carries the key mission of cultivating new driving forces and competing for future competitive advantages. Benefiting from the multiple benefits of national policies and the emergence of the "low altitude economy" blue ocean, the carbon fiber industry is expected to usher in a leapfrog growth opportunity in downstream demand.

Jinggong Technology has been engaged in the research and manufacturing of carbon fiber equipment since 2013, and achieved nationwide production of carbon fiber production lines in 2020. With a series and batch production capacity, it can meet the production needs of high-performance carbon fibers of different grades such as T400/T800/T1000/T1100. In 2024, under the strategic guidance of "based on dual carbon and technology leadership", Jinggong Technology completed the layout of the entire industry chain from "raw silk, carbon fiber, and composite materials" equipment, launched a new development model of "equipment leadership, material collaboration, and application support", deeply extended the industrial chain, and continuously enhanced the overall competitiveness of the industry.

Continuously consolidate and expand the leading advantage of carbon fiber equipment

After eleven years of technological accumulation, Jinggong Technology has become a leading carbon fiber whole line delivery enterprise in the industry. The JCTX300E thousand ton carbon fiber production line has been awarded the national title of "China's first (set) equipment". As of now, the company has set a record of 1.15 billion yuan in single orders for carbon fiber equipment and continues to break through in the complex and ever-changing international market. Carbon fiber equipment has been successfully exported to South Korea and Vietnam, becoming an important force in promoting the development of carbon fiber in the world.

In terms of technological innovation, the company continues to increase research and development investment, taking the lead in establishing a carbon fiber equipment product research and development center and a carbon fiber dedicated laboratory in the Chinese textile machinery industry. It innovatively develops high-end equipment such as end-to-end pre oxidation furnaces, ultra-high temperature graphitization furnaces, microwaves, and plasma fields, continuously promoting equipment iteration and technological upgrades. In July of this year, the JCY300D gas electric hybrid heating end-to-end pre oxidation furnace and JCSM120A large width continuous graphitization furnace passed the scientific and technological achievement appraisal of the Zhejiang Machinery Industry Federation, and their overall technology was recognized as at the international advanced level, laying a solid foundation for consolidating their position as industry leaders.

Full speed construction, promoting the industrialization process of raw silk equipment

Extending the industrial chain and laying out the innovation chain, Jinggong Technology has decisively laid out the upstream industrial chain - raw silk equipment - while focusing on the carbon fiber equipment market. In October 2023, the company established the Carbon Fiber Research Institute, gathering top talents in the industry to research and develop a thousand ton high-performance PAN raw silk production line. According to the "three in one" strategy, the company introduced process technology experts, accelerated the independent research and industrialization process of raw silk equipment, and completed the acquisition of 100% equity of Jinggong Carbon Materials. The market development and business results are significant, and we have successfully signed a spinning thread order with Donghua Energy.

Vertical cultivation, connecting the closed-loop full industry chain of composite materials

The continuous development of carbon fiber equipment has also simultaneously promoted the extension of the brand's independent supporting and innovative capabilities in the downstream industry - composite equipment. Based on the industrialization foundation of intelligent equipment, the company has developed and produced raw/carbon wire winding machines, transplanting arm manipulators, and automatic packaging lines for wire spindles, which are applied to the entire carbon fiber production line. This has broken the monopoly of core equipment imports, achieved domestic substitution, and continuously deepened the layout——

We have closely cooperated with well-known universities such as Tianjin University, Shandong University, and Xi'an University of Technology, and introduced several technical experts and high-level scientific and technological talents in the fields of carbon fiber and composite materials. We have developed a single station composite winding equipment and successfully delivered it to Yichuang Energy Storage in the United States;

Signed contracts with platforms such as Daishan County People's Government for the carbon fiber lightweight composite material project for ships, with a deep focus on the application of carbon fiber lightweight in the field of marine engineering; Joining hands with Shenzhen Collaborative High Tech to sign a 3D printing equipment project cooperation agreement, forming a strong alliance in the domestic 3D printing field.

From then on, the company embarked on a new "trinity" transformation towards "equipment+materials+applications", deeply innovating and developing in accordance with the strategic goals of "equipment leadership, material collaboration, and application support", truly forming a commercial ecosystem for the entire carbon fiber industry chain, and expanding the application boundaries with unprecedented strength.

Jinggong Technology deeply understands the importance of technological innovation in industrial upgrading. In recent years, guided by technological innovation, the company has continuously strengthened its core technology moat - implementing the "5233" intellectual property development plan, leading the formulation of the national standard for "Fiber Carbonization Production Complete Equipment Terminology", participating in the formulation of national standards and industry norms, and applying for 167 patents and granting 15 invention patents in the entire carbon fiber industry chain. With the accumulation and development of core technology, it has effectively built a competitive barrier. In the future, Jinggong Technology will continue to uphold reverence and passion, take innovation as the wing, and change as the sail, promoting the industrial ecology to move towards a more complete, efficient, independent and controllable direction, and continuously injecting strong momentum into the high-quality development of the carbon fiber industry.