Xinda is a group company engaged in the development, production and sales of polymer composites materials. The company was founded in 1985 and is a Nasdaq-listed firm. The current total market value of the company is about 4 billion yuan. Total floor space is 600,000 square metres, with a building area of 300,000 square metres. The company has nearly 100 world-class production lines and its capacity is about 400,000 tonnes.