Shinkong Synthetic Fibers Corporation was initially founded by H.S. Wu in 1967, subsequently developing into a joint venture with Toray Industries. Inc. and Mitsubishi Corporation Co., Ltd. The initial capital was NT $160 million, a figure that had increased by the end of 2008 to NT $14.5 billion, making it a category 1 stock company on the TSEC. The total number of employees is currently 2,300 with more than 120,000 shareholders and NT $29.9 billion assets

The company finished construction in May 1970 and began operation immediately after. Continuous gradual expansion has led to today’s three main factories in Taiwan, boasting a total combined area of about 444,000 square meters, and producing 1800 tons of polyester products per day. Additionally, the company also commands manufacturing sites in China and Thailand. Shinkong Synthetic Fibers Corporation is specialized in the production of polyester fibers and plastics. Products include textured filament yarn, POY, polyester staple fiber, industrial yarn, polyester chips, PET bottle grade resin, PET bottles, PET preform , engineering polymer and its compounded plastics, polyester film, optical grade films and A-PET sheet.

The company has achieved steady growth by adhering to the principles of "pragmatism & realism", "a methodical approach", "fairness & transparency", and "team spirit" directed towards the goal of developing new products to satisfy client needs and establish a reputation for impeccable after-sale service. Due to both perseverance in a substantial growth strategy and diversification into new lines, the revenue from plastic products has even exceeded that of the original chemical fiber product line. Downstream applications cover a gamut of different areas such as textile, food, packaging, electronics, and opto-electronics. Excellent quality and diversity across our product range has earned the trust of local and international customers alike.

In 2005, SSFC officially established a new business group related to optical films, optical film coating, and special technical films. SSFC not only established a new line to produce optical PET film, but also acquired subsidiaries to extend core businesses. SSFC progressively established a number of new subsidiary corporations: UBright Optronics, Optical Valley, ShinBright Optronics, and TacBright Optronics/Lofo High Tech Film.

Shinkong Synthetic Fibers Corporation is a key member of the Shinkong Group. The Group spans a wide spectrum of activities in areas such as insurance, real estate, department stores, urban gas, computer, construction, stock, security, leasing, investment trust, hospitals, telecommunication and banks, making it one of the top four enterprise groups in Taiwan.