Recently, Xinxiang Chemical Fiber Co., Ltd. announced that it plans to implement Phase II of the 100,000 tpy functional spandex fiber project. The project will produce super-fine denier spandex fiber with a capacity of 50,000 tpy. It will be located in the National Xinxiang Economic and Technological Development Zone. The project has a total investment of approximately RMB 1.05 billion, with construction scheduled to start in the third quarter of 2026 and a construction period of 14 months.