Investor Relations

Basic Information of the Company

Yongjin Corporation (stock abbreviation: Yongjin Stock 603995.SH) was established in August 2003. After two decades of rapid growth, it has developed into a well-recognized industry leader, integrating R&D, production, sales, and services of cold-rolled stainless steel strips. The company’s products span two major categories—precision cold-rolled stainless steel strips and wide-width cold-rolled stainless steel strips—which are widely applied in industries including electronic information, household appliances, medical devices, environmental protection and chemical engineering, as well as automotive and transportation.

In China’s most dynamic coastal regions, Yongjin has built four major production bases in Zhejiang, Jiangsu, Fujian, and Guangdong, and established its first inland production base in Gansu, forming a nationwide production, operation, and service network. The company’s first overseas project, Yongjin Vietnam, was completed and commenced operation in April 2022, while Yongjin Thailand is currently under preparation. As of 2025, Yongjin ranked 297th among the Top 500 Chinese Private Enterprises and 211th among the Top 500 Chinese Manufacturing Private Enterprises.

Yongjin is recognized as a national high-tech enterprise and an undertaking unit of the National Torch Program. It operates a provincial enterprise technology center, a provincial high-tech R&D center, and postdoctoral research stations in both Zhejiang and Jiangsu. The company has consistently emphasized advancing production processes, developing technical equipment, and innovating new products. By the end of 2022, it had obtained 244 patents, including 30 invention patents and 214 utility model patents.

Yongjin is also among the few domestic enterprises capable of independently designing and developing automated production lines for stainless steel cold rolling. Its self-developed complete set of automated lines-including the Twenty-High Reversible Precision Cold Rolling Mill-has reached an internationally advanced level. Leveraging its strong expertise in production processes and equipment R&D, a consortium led by Yongjin’s subsidiary, Jiangsu Yongjin, won the bid for the “2017 Industrial Transformation and Upgrading (Made in China 2025) — Key Project for Enhancing the Technical Capability of Key New Material Industry Chains” organized by China’s Ministry of Industry and Information Technology. In 2018, the Key Technology of Ultra-thin Precision Stainless Steel Plate and Strip project, in which Yongjin participated, was evaluated by the Chinese Society for Metals as having reached an internationally leading level. In 2020, the project Key Technology and Industrialization of Ultra-wide, Ultra-thin, Precision and Bright Stainless Steel Strip, jointly declared with Nanjing University of Science and Technology, won the First Prize of the Jiangsu Provincial Science and Technology Award.

In recent years, while strengthening its core business, Yongjin has expanded into downstream new material industries. In August 2020, it established Jiangsu Pusai, a holding subsidiary, to enter the laminated composite materials sector. In April 2021, it acquired Yinyang Pipe Industry to enter the stainless steel water pipe market, and in September 2023 further expanded this segment by acquiring Shenzhen Minle Pipe Industry, boosting both production capacity and market share. In October 2022, it founded Henan Central Source Titanium Industry Co., Ltd. to carry out titanium material projects, and in November 2022, it set up Zhejiang Pusai, a wholly-owned subsidiary, dedicated to specialized shell materials for cylindrical batteries.

These new ventures reflect Yongjin’s implementation of a diversified growth strategy of “one core business with multiple supplementary businesses,” fully leveraging its integrated industrial chain advantages. Upholding the values of unity, efficiency, pragmatism, and progress, Yongjin is committed to becoming an industry leader. With a dual focus on domestic and international markets, it strives to build a premier industry brand and deliver the highest value services through premium products, advanced technology, and superior service.