At 14:28 on August 8, 2014, the first phase of Xingsheng New Material PBT chips and spinning project was successfully launched at once, with product indicators significantly superior to industry standards. High elasticity silk products will be put into production within a week, and the products will be fully launched in the market, mainly targeting mid to high-end weaving enterprises, making important contributions to the improvement of PBT fiber and weaving industry.