Hubei Feilihua Receives CSRC Approval for Share Issuance to Fund Quartz Yarn Smart Manufacturing Project
Source:China Composites Expo  May 21, 2026
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JINGZHOU, China - On May 7, Hubei Feilihua Quartz Glass Co . Ltd announced that the China Securities Regulatory Commission (CSRC) has approved its registration application for a targeted share issuance to specific investors.

According to the previously disclosed plan, Hubei Feilihua intends to issue no more than 3,459,400 shares, with expected proceeds of 300 million yuan. The funds will be allocated to the Phase I construction of its smart manufacturing project for quartz electronic yarn.

Quartz electronic yarn serves as the base material for quartz electronic fabric. Pacific Quartz has stated that the project aims to expand its existing production and R&D capabilities for quartz electronic yarn to meet market demand for quartz electronic fabric. Designed to prepare for subsequent mass production, the project has an estimated construction period of approximately one year.

Upon completion, the Phase I smart manufacturing project will add an annual production capacity of 1,000 tons of quartz electronic yarn. The project will be implemented by Hubei Dingyi New Materials Co., Ltd., a wholly-owned subsidiary of Hubei Feilihua, with a total investment of 624 million yuan.

Hubei Feilihua began developing quartz electronic yarn in 2017. Concurrently, its holding subsidiary Jiangsu Zhongyi New Materials Co., Ltd. launched a quartz electronic fabric project, focusing on the development of various high-end ultra-thin fabrics, ultra-fine yarns, and related products. The company has successfully developed high-performance electronic-grade glass fiber products featuring ultra-low dielectric loss and an ultra-low coefficient of thermal expansion.

Thanks to its excellent dielectric properties and ultra-low expansion coefficient, ultra-thin quartz electronic fabric is the preferred material for high-frequency, high-speed copper-clad laminates (CCL). In 2025, Hubei Feilihua achieved sales revenue of 98.3737 million yuan from its quartz electronic fabric business.

Hubei Feilihua Quartz Glass Co . Ltd.

Hubei Feilihua Quartz Glass Co . Ltd. is a leading high-tech enterprise specializing in the research, development, and production of quartz glass materials and fiber products. The company’s offerings are widely used in aerospace, semiconductors, fiber optics, and advanced electronics. With a strong commitment to technological innovation and precision manufacturing, Pacific Quartz has established itself as a key supplier in both domestic and international markets for high-performance quartz-based materials and electronic-grade glass fibers.