On June 3, shares of companies involved in high-performance carbon fiber surged collectively. It has been reported that China has achieved remarkable advancements in the research and development of high-performance carbon fiber technology. Shanghai Petrochemical, in partnership with the Shanghai Research Institute of Petrochemical Technology, has successfully tackled the key technologies for wet-spun T1000-grade high-performance carbon fiber and commenced mass production. An executive from a listed company disclosed that 'T' denotes tensile strength, with higher grades signifying more advanced application scenarios. The substantial increase in concept stocks is mainly propelled by optimistic market anticipations for the high-performance carbon fiber sector. Several listed companies have announced that they are vigorously expanding their production capacity for high-performance carbon fiber products.