June 18, 2025 -
Chinese Nylon Specialist Zhongwei Fiber Secures Major Funding to Boost High-Performance Materials Production
Zhongwei Fiber, a leading Chinese producer of specialized nylon materials, has successfully closed a Series B funding round worth hundreds of millions of yuan. The investment was led by prominent institutions including Shangqi Capital and SAIC Motor’s strategic investment fund, signaling strong market confidence in China’s high-end nylon manufacturing sector.
Since its establishment in 2015, Zhongwei Fiber has focused on the R&D and production of advanced nylon 66 products, particularly for automotive safety airbag yarns. The company boasts a comprehensive product portfolio, ranging from high-strength FDY filaments to modified engineering plastics, with key performance metrics—such as tensile strength and heat resistance—matching global industry benchmarks.
According to industry sources, Zhongwei Fiber has built a cutting-edge production and testing system by integrating top-tier international equipment from manufacturers like Germany’s Oerlikon Barmag and Austria’s Lenzing. Notably, the company achieved a major milestone in 2021 by scaling up production of automotive airbag yarns, effectively breaking foreign monopolies and emerging as a domestic leader in this niche market.
The fresh capital injection will accelerate Zhongwei Fiber’s capacity expansion and technological innovation. Shangqi Capital highlighted the growing demand for nylon 66 industrial yarns, driven by advancements in vehicle safety systems and the expanding low-altitude economy. With its strong technical expertise, Zhongwei Fiber is well-positioned to capitalize on the domestic substitution trend and strengthen its market presence.
Industry experts note that this strategic investment not only reflects investor optimism toward specialized nylon materials but also underscores the increasing collaboration between upstream and downstream players in the supply chain. The participation of automotive giant SAIC Motor is expected to unlock new business opportunities and synergies, further propelling China’s high-performance materials industry forward.