Yantai Tayho Advanced Materials Co., Ltd（Yantai Spandex Co., Ltd） was incorporated in 1987, specializing in the research and development of high-tech special fibers as well as their production. It is listed as one key new and high tech enterprise in the national torch plan, and also one of the 520 key enterprises of China. At present Yantai spandex has the total employee of 1000 persons, a fixed assets of 1.9 billion RMB Yuan, and occupies an area of 260 thousand sq. meters. Its annual production capacity is 3,0000 tons of NEWSTAR® spandex yarn, and 5500 tons of meta- aramid fiber, and 1000 tons of para- aramid fiber.