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Yongxing Special Materials Technology Co.,Ltd (China)

Main Activities: Steel Product Manufacturing from Purchased Steel
Full name: Yongxing Special Materials Technology Co.,Ltd Profile Updated: December 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Yongxing Special Materials Technology Co., Ltd is a company located in Huzhou, China. The company specializes in the field of special steel, particularly stainless steel long products. Their goal is to become a top global special steel enterprise, targeting strategic new industries such as high-end equipment manufacturing and military industries. Their products are used in national key projects, including Guangdong Yangjiang Nuclear Power. Yongxing Special Materials Technology Co., Ltd is a national high-tech enterprise and ranks among the top 500 private enterprises in China. They are also a standing director unit of the China Special Steel Enterprise Association and the Stainless Steel Branch. Additionally, they are a leading backbone enterprise in the industrial sector of Zhejiang Province, ranking among the top 50 high-tech enterprises and the top 100 manufacturing enterprises in the province. The company has its own provincial-level enterprise research institute, the Yongxing Special Stainless Steel Research Institute. Their physical and chemical testing center has been certified by the China National Accreditation Service for Conformity Assessment (CNAS). Yongxing Special Materials Technology Co., Ltd has the capability to produce high-end products such as super duplex stainless steel tube blanks, stainless steel rods for nuclear power, and high-pressure boiler tube blanks. The company has obtained certifications including ISO9001, ISO14001, OHSAS18001, Germany's TüV, China Classification Society (CCS), Det Norske Veritas (DNV), and Lloyd's Register (LR). They offer a complete product range and customized products to provide customers with diverse choices. After more than a decade of development, Yongxing Special Materials Technology Co., Ltd has become one of the leading companies in the domestic stainless steel long products industry. Their products have consistently ranked among the top three in the domestic long products market, with the delivery volume of super duplex stainless steel tube blanks accounting for over 50% of the domestic market. On August 8, 2019, the company changed its name from "Yongxing Special Stainless Steel Co., Ltd" to "Yongxing Special Materials Technology Co., Ltd."

Headquarters
No. 618, Xiashuiqiao Road, Huzhou Economic and Technological Development Zone, Huzhou City, Zhejiang Province
Huzhou; Zhejiang; Postal Code: 313005

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Website: http://www.yongxingbxg.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 19, 2000
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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Director
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Director
Ownership Details
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35.72%
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7.15%
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1.71%
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1.44%
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1.23%
Subsidiaries
Huzhou Xinqiang Renewable Resources Recycling Co., Ltd
100%
Huzhou Xinyang Logistics Comprehensive Service Co., Ltd.
100%
Huzhou Yongxing Investment Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-35.79%
Total operating revenue
-35.18%
Operating profit (EBIT)
-68.56%
Net Profit (Loss) for the Period
-68.68%
Total assets
-9.82%
Total equity
-2.36%
Operating Profit Margin (ROS)
-19.84%
Net Profit Margin
-16.73%
Return on Equity (ROE)
-16.51%
Debt to Equity Ratio
0.24%
Quick Ratio
4.26%
Cash Ratio
2.62%

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