Excellent carbon fiber performance, with excellent properties such as corrosion resistance, oxidation resistance and no rust. However, due to the poor lateral impact resistance and poor wear resistance, carbon fiber is often added as a reinforcing material to resins, metals, ceramics, concrete and other materials to form composite materials. Among them, resin-type composite materials are widely produced and widely used.

According to incomplete statistics, as many as 45 companies have participated in carbon fiber investment, and invested nearly 30 billion yuan in 2017. However, until 2015, China's carbon fiber market began to enter a rational development, major carbon fiber companies began to broaden their perspective, upstream and downstream, and the domestic carbon fiber industry is forming a new situation.

In 2017, China's carbon fiber production capacity reached 26,000 tons, the actual output was about 7400 tons, and the sales/theoretical capacity ratio was 28.5%, which was a significant increase compared with 2016, but still lower than the international average of 57.3%. Mainly due to the limited level of industrialization and commercialization in China, there is still room for improvement compared with the global average.

In the field of carbon fiber consumption in China, the competition in the field of sports and leisure is fierce, and the supply in the high-end sector is insufficient. In 2017, China's carbon fiber consumption was about 23,500 tons, of which sports goods accounted for 51% of the consumption, while aerospace accounted for only 3.8%.

With the continuous development of defense, military, aerospace, aviation, new energy vehicles and other fields, the demand for high-performance fiber will maintain a high compound growth rate in the future, and the industry has a broad space. China's carbon fiber demand will further increase with the increase of self-sufficiency rate. From the trend of output and import volume, China's carbon fiber production and imports will be basically flat by 2020, consumption is expected to reach 33,000 tons, and the average annual compound growth rate from 2017 to 2020. About 12.0%.

The registered trademark of Yancheng Xiangsheng Carbon Fiber Technology Co., Ltd. is “Xiangli”, and has developed a rotorcraft shell with independent intellectual property rights, landing gear, aircraft plant protection spray system, seaplane buoy, marsh boat, aerodynamic boat, Aviation communication helmets, carbon fiber for plastic reinforcement, carbon fiber powder for friction materials, chopped carbon fiber for brake systems, and 16 series of carbon fiber rope, carbon fiber cloth, carbon fiber filament special fiber cutting machine.