Youyan Yijin New Materials Co.

In 2000, a new entity, GRIKIN Advanced Materials Co., Ltd., was established as a wholly-owned subsidiary of GRINM Advanced Materials Co., Ltd. The company focused on producing high-purity metal sputtering target materials, a critical component in the electronics and information industries. This strategic focus positioned GRIKIN to become a key supplier for a rapidly growing technology sector. The company's business model is built on vertical integration, controlling the entire production process from ultra-pure raw materials to the final sputtering targets and evaporation materials. This approach allows for stringent quality control and the ability to innovate across the supply chain. Beyond electronics, GRIKIN also carved out a niche in the medical field, developing memory alloy applications for orthodontics and minimally invasive surgery, showcasing a diversified product strategy. A significant milestone in the company's journey was its recognition as a National Exemplary Enterprise for Technology Innovation and a Key Hi-tech Enterprise of the National Torch Plan. This wasn't just an award; it solidified its status as a major player with strong technological capabilities. Over the years, GRIKIN has undertaken nearly one hundred national and provincial scientific development projects and has been granted 81 national patents, demonstrating a deep commitment to research and development. In September 2021, the company expanded by establishing Grikin Advanced Materials (Shandong) Co., Ltd. with a registered capital of 500 million yuan, further extending its manufacturing and R&D footprint for electronic special materials.