Millennium spandex is a high-end elastic fiber with good elasticity, fine fiber, high strength, large elastic modulus (the elongation of break can reach 400%-800%), with small specific gravity, excellent dyeing and durability. It is a new type of textile raw material. Millennium brand spandex silk can be made of fabrics with textile fibers such as wool, cotton, polyester, acrylic, viscose and other textile fibers. It is widely used in clothing, medical care, industry and other fields, significantly improving the wearability of fabrics and the added value of products. Various fabrics using spandex fiber feel soft, elastic and comfortable to wear, and are very popular.

The company introduced foreign dry-spinning production technology and equipment to produce "Millennium" brand spandex yarn, which is divided into two series: matte and luminescence. The product specifications cover 10D-2500D, which can meet the process requirements of various elastic fabrics and characteristic fabrics. It has formed spandex products for covering, core-covered, knitted, as well as differentiated spandex series products such as high-resistance warp knit spandex, high-temperature-resistant spandex and chlorospandex. The main performance indicators of the products have reached the advanced level of international similar products.

Relying on technology to seek development, seek benefits from management, and large-scale production to provide high-performance and price-efficiency products to create value for customers. Millennium spandex will surely create a more comfortable and beautiful new life for mankind.

Zhejiang Huafeng Spandex Co., Ltd. was established in December 1999 and is a holding subsidiary of Huafeng Group with a registered capital of 838.4 million yuan. The company wholly owns Huafeng Chongqing Spandex Co., Ltd. and Liaoning Huafeng Chemical Co., Ltd., and participates in Wenzhou Minshang Bank as one of the main sponsoring shareholders.

Zhejiang Huafeng Spandex Co., Ltd. specializes in the production, sales and technological development of spandex fibers. It ranks among the forefront of the global spandex manufacturing enterprises. It is a key high-tech enterprise in the National Torch Plan, the top ten competitive enterprises in the national chemical fiber industry, the first batch of national resource-saving and environmentally friendly pilot enterprises, and the first five-star enterprise in the Chinese industrial industry to fulfill social responsibilities. In 2006, the company successfully achieved A-share listing (stock code 002064), becoming the first domestic private enterprise in Wenzhou and the first spandex listed company in the country.

Since its establishment, Zhejiang Huafeng Spandex Co., Ltd. has adhered to the path of innovative development and scientific development, boldly broke through the traditional development model of private enterprises, continuously promoted technological innovation and management innovation, promoted clean production and energy conservation and emission reduction, committed and practiced responsible care, and strived to create independent innovation, resource conservation and environmentally friendly enterprises. The company's annual spandex production capacity has started from 1,000 tons at the beginning of its establishment to currently have a production capacity of 57,000 tons in Wenzhou production base and a production capacity of 30,000 tons in Chongqing production base, and a construction project of 30,000 tons in Chongqing spandex is under construction. The company's product specifications cover 10D-2500D, which can meet different user needs such as woven, warp knitting and round knitting. The product performance ranks among the forefront of the domestic industry. The company mainly focuses on direct sales and combines distribution, and has established a complete sales network and after-sales service system. Its product sales cover more than 20 provinces and cities across the country and exports to 39 countries and regions.