Hangzhou Yongchang Nylon Co., Ltd. is a Sino-foreign joint venture located in the state-level Xiaoshan Economic and Technological Development Zone. It was incorporated on December 17, 2003 with a registered capital of 8 million US dollars. The company's existing total assets of 700 million yuan, 200 million yuan in fixed assets, the plant covers an area of more than 100 acres, construction area of 80,000 square meters.