Science and Technology Innovation Export Base of Jiangsu Province (Synthetic Materials & Alloy Materials) is located in Jiangyin, Chinese Best Charming City with Economic Vigor. In 2007, the sales income reached 42.1 billion Yuan, profit and tax reached 5.1 billion Yuan, the export volume hit USD 895 million with 178 new materials factories including 152 export enterprises and 89,000 employees. The base has three national and four provincial enterprise technology centers, 8 enterprises with postdoctoral science research workstation. 37 enterprises took part in constituting national and industry standards of 76 products. Therefore, Synthetic Materials industry chain has been formed by the leading enterprises such as Jiangyin Xingcheng Special Steel Work Co., Ltd. and Jiangsu Fasten Group Co., Ltd. and Alloy Materials industry chain by Jiangsu Sanfangxiang Group Co., Ltd., Jiangsu Shenda Group Co., Ltd. Jiangyin Chengxing Industrial Group Co., Ltd. and Jiangsu Shuangliang Group Co., Ltd. Now new materials industry has become the supporting industry of Jiangyin High-tech industry.