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Liaoning Shangpin Non-Woven Co., Ltd was established in February 2017. It is a joint venture company with a registered capital of 12.5 million US dollars. It is jointly invested by Panjin Yu Wang Non-Woven Co., Ltd and Saudi Sarh Attaqnia Co., Ltd of which Panjin Yu Wang Non-Woven Co., Ltd accounting for 51 % of the shares, and Saudi Sarh Attaqnia Co. Ltd accounting for 49 % of the shares. Panjin Yu Wang Non-Woven Co., Ltd is the largest export-oriented non-woven manufacturer, which integrates research&development, production, sales, and service in Northeast. The annual output value is nearly 200 million yuan and its products are widely used in construction projects, automotive manufacturing, and industrial filtration and many other fields. It exports to more than 20 countries such as Europe, America, and Middle East. It has reached a strategic cooperation with Johnson LLC at present, a Fortune 500 companies, jointly developed automotive interior non-woven for Ford, Toyota, Volkswagen and other models. Relying on the unique geographical advantages and resource advantages of the Port Economic Zone, Liaoning Shangpin has striven to become the largest non-woven supplier in Northeast, even in region of Beijing-Tianjin-Hebei .