What happened to Huzhou Huaxiang Gaofian?

Hunan Huaxiang High Fiber Co., Ltd. is still operating normally. According to relevant information inquiries, Hunan Huaxiang High Fiber Co., Ltd. is in existence and has not been cancelled. The capital increase project of Huaxiang (China) High Fiber Co., Ltd., a member company of the Huzhou Overseas Chinese Chamber of Commerce, with an annual output of 400,000 tons of POY and FDY differentiated fiber projects has recently been approved by the Provincial Department of Commerce. So far, the total investment in the project has increased from US$49.5 million to US$329 million, making it the largest encouraged foreign-invested industrial project in Huzhou City to date. This capital increase will build the world's largest and most advanced POY and FDY differentiated fiber project with single-line production capacity. The construction of this project not only laid a solid foundation for building an advanced textile base in northern Zhejiang, but also helped optimize the industrial structure of Huzhou City and improve the technical level of the chemical fiber industry. Huaxiang (China) High Fiber Co., Ltd. has 111 judicial risks, 99 self-risks, 56 operational risks, and 105 intellectual property rights.