Yongxing Special Materials Technology Co., Ltd.

Yongxing Special Materials Technology Co., Ltd. is a manufacturing company listed on the Shenzhen Stock Exchange since 2015. The company specializes in the research and development, production, and sales of special steel materials and lithium-based energy storage materials. Its primary products include stainless steel wire rods and bars, special alloy materials, and battery-grade lithium carbonate. Yongxing Materials is recognized as a leading producer of special stainless steel wire rods and bars in China, maintaining a strong market presence. The company operates through two core business segments: new metal materials and lithium-based energy storage materials. In the special steel materials sector, Yongxing Materials offers over 200 types of stainless steel products tailored to various industry standards. In the lithium-based energy storage sector, it has developed a comprehensive industrial chain that includes mining and processing lithium compounds. Yongxing Materials leverages proprietary technology for efficient lithium extraction, enabling it to supply high-quality battery-grade lithium carbonate at competitive prices, catering to the growing demand in electric vehicles and energy storage systems.

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.