002756Yongxing MaterialsSZSE

Yongxing Special Materials Technology Co., Ltd.

永兴材料

002756

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryMetal and Nonmetal
ListedMay 15, 2015
Websitewww.yongxingbxg.com
IR Emailyxzq@yongxingbxg.com
Phone(+86)572-2352506
AddressNo. 618, Zhashuiqiao Road, Huzhou City, Zhejiang Province

Company Profile

1.Yongxing Materials adheres to the development pattern in terms of “double core businesses”, which includes new metal materials business and lithium-based energy storage materials business. This mode enhances the Company’s corporate core competitiveness and overall profitability, and as a result helps the company become a global provider for both high-tech equipments and lithium-based new energy materials. 2.Adhering to the principle of innovation, Yongxing Materials is a national high-tech enterprise, also established two research center and development institutions, such as national enterprise technology center and provincial key Enterprise research institute, as well as a nationally recognized laboratory. With a strong team of scientific and technological talents and in-depth cooperation with well-known domestic colleges and research institutions, Yongxing Materials had completed a number of scientific research projects such as national Torch Plan, Innovation Fund of the Ministry of Science and Technology, and national key new products. 3.In the field of special steel materials, Yongxing Materials is the leading enterprise of special stainless steel long products in China, the share of stainless steel wire rods and bars has long been ranked among the top three in domestic market. Since its establishment, it has always focused on the production of stainless steel wire rods, bars and special alloy materials, with a wide range of products. The production is flexible and convenient, and production can match with different standards such as China, the United States, Germany, the European Union, Japan and so on. At present, Yongxing Materials had more than 200 kinds of steel grades, specifications and varieties. Yongxing Materials's products can be customized according to customer technical and specification requirements, according with different demands of customers, with short delivery cycle, stable product quality, cost-effective advantages. 4.In the field of lithium-based energy storage materials, the Company has built the whole industrial chain from mining, lithium concentrate separation to the production of high-quality lithium compounds. Yongxing Materials had developed a series of lithium extraction technology and processes with our own intellectual property. The mature know-how ensures the lithium extraction from lithia mica ore efficiently and with reasonably low cost. Furthermore, since the Company has acquired the mineral resources and owns the proprietary technology and know-how, Yongxing Materials can provide our customers with battery grade LCE of stable quality and competitive price (lower cost than peers). With solid technical foundation and strong innovation ability, the Company possesses the capacity of mass production of high-end battery grade materials in line with international quality standards.

Full description

Yongxing Materials engaged in the R&D, production and sales of special steel materials and lithium-based energy storage materials. The main products include stainless steel wire rods and bars, special alloy materials and battery-grade lithium carbonate. In the field of special steel materials, Yongxing Materials is the leading producer of special stainless steel wire rods and bars in China. The domestic market share has been stably ranked among the top three. Yongxing Materials uses waste stainless steel scraps as its main raw material and adopts short-processes such as EAF, AOD, and IC/CC,Tandem Rolling/Forging to manufacture the products. The wire rods and bars can be further processed by the downstream customers to produce various engineering parts such as seamless steel pipes, pipe fittings, Flanges, shafts, pump valves, wires, mesh, springs, welding materials, etc.. The final products are applied in the high tech areas such as oil and gas exploration and refining, power equipment manufacturing (Nuclear power and Thermal power), transportation equipment manufacturing (Automotive, Ships, High-speed rail, Plane, etc.), machinery manufacturing, medical equipment and advanced instruments and equipment and so on. Yongxing Materials has been focusing on the manufacturing of "specialized, advanced, special, and new" products for years. Through continuous R&D and innovation, Yongxing Materials is able to supply more than 200 kinds of stainless steel wire rods and bars in 11 categories. In the field of lithium-based energy storage materials, as the strategic layout in participating in the upcoming global energy revolution, the Company has built the whole industrial chain from mining, lithium concentrate separation to the production of high-quality lithium compounds. Starting with lithia mica as the main raw material, Yongxing Materials produces battery grade lithium carbonate (LCE) through a series of processes including mining, beneficiation, calcination, leaching and filtration, purification, evaporation and concentration, precipitation and washing, airflow crushing, product packaging and so on. Yongxing Materials is going to play a key role by supplying high pure LCE for cathode materials (NCM, LFP, LCO, and LMO, etc.) that are finally applied in electric automobiles,3C consumer electronics,and energy storage systems. Yongxing Materials had developed a series of lithium extraction technology and processes with our own intellectual property. The mature know-how ensures the lithium extraction from lithia mica ore efficiently and with reasonably low cost. Furthermore, since the Company has acquired the mineral resources and set up mineral processing factories, Yongxing Materials can provide our customers with battery grade LCE of stable quality and competitive price (lower cost than peers).

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