The Opening Ceremony of Construction of Key Projects was held on June 21, 2017. Wanhong Textile Technological Upgrading Project listed as one of the five key projects. The city level government officials and Wanhong Textile general manager Mr. Zheng Wu attended the opening ceremony.

The Wanhong 90,000 tons of Differential Polyamide Fiber Project is an important part of China-the Strait Project Fair. The project involved a total investment of 980 million yuan, an area of more than 41,000 square meters, four spinning winding workshops, and 264 production units. It aims to achieve an annual output of 90,000 tons.