On May 15, 2024, Wuhan Tianyuan, Zhongfu Shenying, and Xiamen Yinode Company signed a "High Performance Carbon Fiber Strategic Cooperation Agreement" at the headquarters of Zhongfu Shenying in Lianyungang, Jiangsu. In the future development, the three parties will share resources, complement each other's advantages, and jointly promote the application and development of high-performance carbon fiber in the field of high-end fishing gear.