--- title: "Modern High-tech signed a strategic cooperation agreement on \"PLA Fiber Development\" with Yangzhou Huitong" type: "News" locale: "en" url: "https://longbridge.com/en/news/255890486.md" description: "On September 3rd, the China International Textile Yarn Exhibition was held in Shanghai. Guangdong Modern High-tech Fiber Co., Ltd. officially signed a \"PLA Fiber Development\" strategic cooperation agreement with Yangzhou Huitong Bio-New Materials Co., Ltd. PLA fiber, as a green, biodegradable bio-based material, is a polymer material made from the polymerization of lactic acid, mainly used for the production of biodegradable plastic products" datetime: "2025-09-04T05:52:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/255890486.md) - [en](https://longbridge.com/en/news/255890486.md) - [zh-HK](https://longbridge.com/zh-HK/news/255890486.md) --- # Modern High-tech signed a strategic cooperation agreement on "PLA Fiber Development" with Yangzhou Huitong On September 3rd, the China International Textile Yarn Exhibition was held in Shanghai. Guangdong Modern High-tech Fiber Co., Ltd. officially signed a strategic cooperation agreement for "PLA Fiber Development" with Yangzhou Huitong Bio-New Materials Co., Ltd. PLA fiber, as a green, biodegradable bio-based material, is a polymer material made from the polymerization of lactic acid, mainly used for producing biodegradable plastic products ### Related Stocks - [300876.CN](https://longbridge.com/en/quote/300876.CN.md) ## Related News & Research - [Pure Tungsten Completes Merger with GB Innovation Co., Ltd., Advancing Toward Near-Term Production and Planned Public Listing](https://longbridge.com/en/news/286944364.md) - [This sleeper stock could be the surprise winner of 2026](https://longbridge.com/en/news/286722134.md) - [China's top flash-memory chipmaker YMTC begins pre-IPO coaching with investment bank](https://longbridge.com/en/news/286886037.md) - [China's top flash-memory chipmaker YMTC begins pre-IPO coaching talks with investment bank](https://longbridge.com/en/news/286879811.md) - [Kioxia weighs plan to float ADSs against conditions](https://longbridge.com/en/news/286796988.md)