TOYI, established in July 2017, is a high-tech enterprise integrating research and development, production, sales and testing services of special asphalt, mesophase asphalt-based carbon fiber and its composite materials. The major products include TYC series with good braiding performance, TYG series with high thermal conductivity, TYHM series with high tensile modulus, etc. The company has built a high-performance asphalt-based carbon fiber production line with an output capacity of 50-ton/year. TOYI has applied for more than 80 national invention patents and has won the First Prize of Technological Invention Award of Hunan Province in 2019 as well as the Second Prize of National Science and Technology Progress Award in 2020.