---
title: "TKGF: Wholly-owned subsidiary to invest in and construct a 1.2 million tons per year green differentiated fiber project in phases"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263249494.md"
description: "TKGF announced that its wholly-owned subsidiary, Tongkun Group Zhejiang Hengsheng Chemical Fiber Co., Ltd., plans to invest its own funds or self-raised funds to construct a green differentiated fiber project, with a total investment of 5.6 billion RMB. The project will be constructed in two phases, with the first phase involving the construction of 2 sets of production facilities with a total annual output of 600,000 tons of polyester filament and a texturing workshop, and the second phase involving 2 sets of production facilities with a total annual output of 600,000 tons of polyester filament. The company will steadily advance the project by comprehensively balancing industry supply and demand and market conditions"
datetime: "2025-10-29T09:15:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263249494.md)
  - [en](https://longbridge.com/en/news/263249494.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263249494.md)
---

# TKGF: Wholly-owned subsidiary to invest in and construct a 1.2 million tons per year green differentiated fiber project in phases

TKGF announced that its wholly-owned subsidiary, Tongkun Group Zhejiang Hengsheng Chemical Fiber Co., Ltd., plans to invest its own funds or self-raised funds to construct a green differentiated fiber project, with a total investment of 5.6 billion RMB. The project will be built in two phases, with the first phase involving the construction of 2 sets of production facilities with a total annual output of 600,000 tons of polyester filament and a texturing workshop. The second phase will involve 2 sets of production facilities with a total annual output of 600,000 tons of polyester filament. The company will steadily advance the project by comprehensively balancing industry supply and demand as well as market conditions

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