Sinofibers Technology Co Ltd is a China-based company mainly engaged in research and development, production and sales of carbon fiber and carbon fiber fabrics. The Company’s carbon fiber products mainly include polyacrylonitrile (PAN)-based carbon fibers. These products are mainly used in the defense industry as well as in high performance civil applications. The Company’s carbon fiber fabric products mainly include ZT7, ZT8, ZT9 and high model ZM40J series. The Company’s carbon fiber fabrics are primarily used in carbon fiber woven fabrics. The Company mainly conducts its businesses in domestic market.