Inner Mongolia FengShengTai New Materials Co., Ltd. is a high - tech enterprise integrating production, sales and R & D of meta - aramid fibers and aramid insulating materials. It is a mixed - ownership enterprise controlled by state - owned capital with participation from private enterprises. With a registered capital of 130 million yuan, it covers an area of 200 mu, has a building area of 70,000 square meters, and a total investment of 520 million yuan.
The products are mainly applied in fields such as fire protection and military - police protective equipment, special labor protection, aviation, aerospace, high - speed rail, aircraft, new energy vehicles, transformer insulating materials, and industrial environmental protection filter materials. After the full completion of the first - phase 6,000 - ton aramid fiber project, it is expected to achieve an annual sales revenue of 1 billion yuan and achieve taxes and profits of 350 million yuan. Meanwhile provide employment for over 300 people. The second phase plans to invest in the construction of aramid insulating paper and aramid lithium battery separators.
The implementation of this project will further break the technological blockade imposed by foreign countries on China, achieve break - throughs in "necklace - breaking" new materials of meta - aramid fibers, and contribute to serving national strategic needs and boosting the economic takeoff of Baotou.
