While most chemical fiber companies struggle with overcapacity and thin margins, a Fujian-based enterprise has drawn a dividing line with striking numbers: nylon exports accounting for over 36% of the national total, seven consecutive years as the top producer of civil nylon filament, and in 2025, a factory opened in Vietnam. This is not a simple story of scale but an experiment in industrial upgrading—from selling products to exporting technology and standards.
Background
In the first batch of 2026 typical cases for private economy development in Fujian Province, Wu Huaxin, chairman of Wing Rong Holdings, was selected as an outstanding private entrepreneur. Fuzhou contributed four cases covering biomedicine, new materials, and other key fields. Wing Rong's inclusion is no accident—centered on green new materials, it ranks 256th among China's top 500 enterprises and 99th among the top 500 private enterprises, with six production parks globally.
Notably, Wing Rong's growth trajectory aligns with the national strategy for new material security. Under long-term foreign monopoly of nylon 66 core raw materials, Wing Rong achieved self-sufficiency through innovative processes and pioneered a globally leading coupling process that significantly improves carbon atom utilization. This means that the "bottleneck" in the domestic nylon industrial chain is being broken, enhancing supply stability for downstream fabric manufacturers.
Industrial Impact
Wing Rong's overseas expansion signals a trend for the industry. The 200,000-ton nylon fiber project launched in Vung Tau, Vietnam, in 2025 is the first overseas super-fiber industrial park in China's nylon industry. This leap from "product going global" to "capacity and technology going global" is driven by multiple factors: saturation of domestic chemical fiber capacity, strong demand in emerging overseas markets, and the need to circumvent trade barriers. For buyers, this means the global supply map of nylon fiber will be reshaped, with Southeast Asia potentially becoming a new price low.
More profound is the demonstration effect of green and low-carbon transformation. Wing Rong's post-consumer recycled nylon products have obtained international green certifications, its lithium salt production base was rated as a national "green factory," and it is the only enterprise in the nylon fiber industry selected as a national green low-carbon excellent case. With increasingly stringent green barriers such as the EU carbon tariff, those who can establish full-chain carbon footprint management from raw materials to finished products will hold the ticket to international orders.
Furthermore, Wing Rong's acquisition of A-share listed Yongshan Lithium in 2024, entering the new energy track, reveals the second growth curve logic of chemical fiber giants—leveraging existing supply chains and manufacturing capabilities to extend into new energy materials. For SMEs in the textile chain, this is both a warning and an inspiration: the moat of a single category is shallowing, and diversified layouts may be key to weathering cyclical fluctuations.