On May 24, the launch ceremony of the high-performance carbon fiber project with an annual output of 25,000 tons and the supply chain conference of Zhongfu Shenying, a subsidiary of China National Building Material (CNBM) Group was held in Xining. Zhuang Shuxin, deputy secretary-general of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), Shi Jianping, deputy secretary of Xining Municipal Party Committee and mayor of Xining Municipal Government, Wei Rushan, member of the Standing Committee and president of  CNBM Co., Ltd., Xue Zhongmin, vice president of CNBM Co., Ltd., party secretary and chairman of  president of CNBM Co., Ltd., party secretary and chairman of China Composites Group Corporation Ltd., He Zhi, deputy director-general of Qinghai Industry and Information Technology Department; Yang Xiaomin, deputy director-general of the Department of Commerce and member of the party leading group, Chairman Zhang Guoliang and General Manager Liu Fang of Zhongfu Shenying, and Lian Feng, vice general manager of Zhongfu Shenying and general manager of Zhongfu Shenying Xining attended the event.