Zhejiang Yongjin Metal Technology
Precision and wide cold-rolled stainless steel manufacturing.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | CNY1.2b | Post IPO Equity | |
| Total Funding | 000k | ||
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 29 % | 53 % | 26 % | 1 % | 5 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 4 % | 4 % | 4 % | 3 % | 3 % | 4 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | 2 % | 2 % | 1 % | 1 % | 2 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 1 % | 1 % | 2 % | 2 % | 2 % | 2 % |
Source: Company filings or news article
Yongjin Technology Group Co Ltd, formerly Zhejiang Yongjin Metal Technology Co Ltd, is a company based in China that specializes in the research, development, manufacturing, and sales of cold-rolled stainless steel plates and strips. Founded in August 2003, the company has established itself as a significant player in China's stainless steel cold rolling industry and was successfully listed on the Shanghai Stock Exchange in December 2019 (603995:SHH). Its headquarters are located in Lanxi City, Zhejiang Province.
The company's main offerings are divided into two categories: precision cold-rolled stainless steel plates and strips, and wide cold-rolled stainless steel plates and strips. These products serve a wide array of industries. The precision products are utilized in sectors such as electronic information, medical equipment, auto parts, and special materials for cylindrical battery casings. The wide products are applied in building decoration, household appliances, machinery and equipment, and elevators. Beyond these, the company also produces stainless-steel water pipes and titanium alloys.
Yongjin Technology operates multiple production bases across China, including in Zhejiang, Jiangsu, Fujian, and Guangdong, and has expanded internationally with facilities in Vietnam and plans for a plant in Thailand. The business model focuses on leveraging its core competitiveness in stainless steel to extend into downstream industries and new material fields like metal laminated composites. The company has received honors such as being named a “state high-technology enterprise” and has been listed among the “Top 500 Manufacturing Enterprises in China”.
Keywords: cold-rolled stainless steel, precision steel strip, wide steel plate, industrial metals, stainless steel manufacturing, automotive parts steel, electronic components steel, medical equipment materials, building decoration metal, household appliance steel, titanium alloys, metal laminated composites, stainless steel pipes, steel production, specialty steel, metal fabrication, steel supplier, Shanghai Stock Exchange 603995, industrial manufacturing, metal technology