Xinglong Holding (Group) Company Ltd. (000955.SZ) researches, develops, produces, processes and sells nonwoven materials and related products, with a focus on new nonwoven materials, medical health and consumer products, and investment and trade businesses. The company offers spunlaced nonwovens, meltblown nonwovens, PET spunbonded nonwovens, SMMMXS nonwovens, apparel interlinings, nonwoven converted products including household cleaning wipes, disposable cotton wipes and wet wipes, as well as agricultural and chemical products; it also provides pharmaceutical wholesale and distribution services. Founded in July 1993 and headquartered in Haikou, Hainan Province, China, specifically at 23rd Floor, Block B, Internet Finance Building, No. 3 Guoxing Avenue, Meilan District, the company operates primarily in China with production bases in Hainan, Hunan and Hubei provinces. It maintains subsidiaries engaged in spun-laced fabric, thermal bonded fabric, chemical products, melt spun materials and padding cloth production. In recent developments, the company expects to receive CNY 668.39 million in funding from Jiaxing Paradise Silicon Valley Equity Investment Co., Ltd., while Xi'an Zhongjin Investment Co., Ltd. cancelled the acquisition of its subsidiary Yichang Xinlong Chemical New Material Co., Ltd. Operations show performance improvements in 2024 with reduced losses through new product development, customer gains and cost efficiencies at its bases.