In-Depth Analysis of the Military Potential of Bio-Based Fibers from CIBT Biosciences (SH688065)

Based on collected information and market data, I hereby provide you with a systematic analysis report on the military potential of bio-based fibers from CIBT Biosciences (SH688065).

CIBT Biosciences is a biomanufacturing enterprise focusing on synthetic biology, listed on the STAR Market in August 2020 (688065.SS)[0]. As the leading global supplier of bio-based long-chain dibasic acids, the company holds a market share of over 80% and was named a National Champion in Manufacturing by the Ministry of Industry and Information Technology[1]. The company’s current market capitalization is approximately RMB 40.67 billion, and its stock price has risen 40.13% over the past year, demonstrating strong growth[0].

CIBT Biosciences has built three major product systems with synthetic biology at its core:

The company has registered two major brands: "Tailun®" for textile fiber applications, and "ECOPENT®" for engineering material applications[1].

As one of the greatest inventions of the 20th century, nylon has been a key raw material for military supplies since its commercialization in 1938[2]. Traditional nylon 66 fibers are widely used due to their excellent mechanical properties in:

• Individual Soldier Equipment
  : High-strength wear-resistant backpacks, tents, sleeping bags, raincoats
• Protective Equipment
  : Severe climate protective clothing, camouflage nets
• Special Applications
  : Parachute ropes, military vehicle covers

According to research data, CIBT Biosciences’ bio-based polyamide PA56 has the following differentiated advantages compared to traditional nylon 66[3]:

Lightweighting is a core trend in the development of modern military equipment. According to industry research, nylon composites have been widely used in[3]:

• Ballistic Armor
  : Aramid fiber (UHMWPE) composites for bulletproof vests, helmets, vehicle armor
• Aerospace
  : Carbon fiber/glass fiber reinforced nylon composites
• Structural Components
  : High-strength, lightweight components replacing metal parts

CIBT Biosciences’ bio-based continuous fiber-reinforced thermoplastic composites (Bio-PPA CFRT) have the following military potential[1]:

Application Field       Performance Requirements       Advantages of Bio-Based Composites
─────────────────────────────────────────────────────────────
New Energy Equipment    Lightweight, High Strength     Can replace aluminum and steel
├── Power Battery Cases Thermal Stability, Safety      Excellent heat resistance of bio-based PA
├── Hydrogen Storage Tanks High-Pressure Vessels, Lightweight Fiber reinforcement enhances strength
└── Photovoltaic Supports Weather Resistance, Long Service Life Corrosion-resistant, anti-aging

Transportation          Structural Strength, Durability High fluidity enables high-proportion compounding
├── Containers          Lightweight, Modular            High glass fiber content, low cost
└── Truck Body Panels   Impact Resistance, Fatigue Resistance Replaces traditional steel

Modern Construction     Rapid Construction, Recyclable  Thermoplastic recyclable
├── Prefabricated Houses Modular, Standardized          Facilitates rapid deployment
└── Engineering Formwork Reusable, Eco-Friendly         Aligns with green national defense construction

According to international market research data, the global ballistic composite materials market will reach USD 3.02 billion in 2025, and is projected to grow to USD 4.11 billion by 2030[4]. The distribution of fiber types is as follows:

• Aramid Fibers
  : 43.69% market share (dominant position)
• Ultra-High Molecular Weight Polyethylene (UHMWPE)
  : Fast-growing niche market
• Bio-Based Fibers
  : Emerging field, attracting attention from defense agencies focused on sustainability goals

According to the "Guiding Opinions on Scientific and Technological Development of the Textile Industry During the 14th Five-Year Plan Period", China has clearly identified bio-based polyamide (PA56) fibers as a key material for development[5]. The document states:

"Bio-based polyamide (PA56) fibers have broken through the technical bottleneck of bio-based pentanediamine, and a 10,000-ton production line has been established"

Meanwhile, the document also emphasizes:

• Large-scale production of flame-retardant fibers and products with long-lasting flame retardancy, anti-dripping, and smoke suppression properties has been achieved, meeting flame-retardant protection requirements in relevant fields
• Technologies for dual-use military-civilian products such as ultra-fine metal wire warp knitting, self-lubricating fabrics, multi-functional flight suits, and individual protective equipment play an important role in aerospace and national defense construction

It is important to note that entering the military market requires overcoming the following barriers:

According to public information, CIBT Biosciences’ current product applications are mainly focused on[1][3]:

• Textile Sector (Tailun®): Sportswear, underwear, hosiery, blended fabrics
• Engineering Plastics Sector (ECOPENT®): Auto parts, electronic appliances, cable ties, heat insulation strips
• New Energy Sector: Power battery cases, photovoltaic frames, hydrogen storage tanks

• Ballistic armor materials
• Functional fabrics for military uniforms
• Structural components of weapon equipment

1. Technical Reserves
   : The mechanical properties of bio-based polyamides are close to those of nylon 66, meeting the basic requirements for military use
2. Lightweight Advantage
   : Aligns with the development trend of lightweight military equipment
3. Policy Support
   : Bio-based materials are included in the National Key New Materials First Batch Application Demonstration Guidance Catalog
4. Environmental Compliance
   : Aligns with green defense procurement and the "Dual Carbon" strategic goals

1. No Public Military Orders
   : No information has been found indicating the company has obtained military certification or been included in the supplier directory
2. Brand Recognition
   : The main market is in civilian products, with weak construction of military channels
3. Product Adaptation
   : Existing product formulations are mainly targeted at civilian needs, requiring optimization for military specifications

• Significant short-term stock price volatility (8.31% decline in the past 5 trading days)[0]
• High valuation level (P/E ratio 68.20x)[0]

• Military market expansion falls short of expectations
• Intensified industry competition (accelerated localization of adiponitrile)
• Raw material price fluctuations (corn, alkanes)

1. Technical Aspect
   : CIBT Biosciences’ bio-based polyamides meet the technical requirements for military base materials in terms of mechanical properties and lightweight characteristics
2. Market Aspect
   : The global ballistic composite materials market continues to grow, and bio-based fibers as an emerging field have begun to attract attention from defense agencies
3. Policy Aspect
   : National-level support for the development of bio-based materials creates a favorable environment for entering the military sector
4. Practical Aspect
   : The company has not yet obtained significant military qualification certification or orders, and its military potential is still in the theoretical stage

• Continue to deepen involvement in the new energy vehicle lightweight market, accumulating experience in composite material applications
• Promote preliminary technical exchanges with military research institutes to explore cooperation possibilities

• Initiate the construction of the GJB quality management system certification
• Develop special product grades tailored to military specifications
• Actively participate in bidding for military "civilian-to-military" projects

As a leading enterprise in the synthetic biology field, CIBT Biosciences’ bio-based fiber products have the technical foundation for military materials, but it is difficult to achieve significant military revenue contribution in the short term. It is recommended that investors pay attention to:

1. Short-Term
   : The company’s business growth in the new energy vehicle sector
2. Mid-Term
   : The scale effect brought by the release of the 900,000-ton production capacity in Taiyuan
3. Long-Term
   : The catalytic effect of obtaining military qualifications and breaking through military orders

[0] Jinling AI - CIBT Biosciences (688065.SS) Company Overview and Market Data

[1] CIBT Biosciences 2024 Annual Report - Product Application Fields and Business Model

[2] ChemicalBook - Military and Civilian Applications of Polyamide Fibers (Nylon)

[3] Huaan Securities - Nylon Composites Face a Hundred-Billion Market, Bio-Based Nylon Rides the Trend

[4] Mordor Intelligence - Ballistic Composite Materials Market Size and Trend Analysis

[5] China National Textile and Apparel Council - "Guiding Opinions on Scientific and Technological Development of the Textile Industry During the 14th Five-Year Plan Period"

[6] Everbright Securities - Bio-Based Materials Are Emerging, Industrialization Pace Is Expected to Accelerate

Report Generation Date: January 20, 2026