Yongjin Co., Ltd. is a national high-tech enterprise and a national torch plan project undertaker. Since its establishment, it has paid great attention to the improvement of production technology, the research and development of technical equipment and the development of new products. It has a provincial-level high-tech enterprise R&D center and a post-doctoral workstation in Zhejiang Province. At present, the company has obtained more than one hundred patents, among which "method for making austenitic stainless steel strip with bright surface" won the China Patent Excellence Award.
The ultra-thin precision stainless steel belt (steel pipe) project consortium led by subsidiary Jiangsu Yongjin successfully won the bid of the Ministry of Industry and Information Technology "Industrial Transformation and Upgrade in 2017 (Made in China 2025)-Key New Material Industry Chain Technical Capability Improvement Key projects". The company is one of the few domestic enterprises that can independently design and develop stainless steel cold-rolling automatic production lines. The self-designed and developed 20-high reversible precision cold-rolling unit and a complete set of stainless steel cold-rolling automatic production lines have reached the international advanced level.
The output of precision cold-rolled stainless steel plate and strip of the parent company Zhejiang Yongjin exceeds 100,000 tons, ranking first in the precision field, capable of producing high-quality precision stainless steel plate and strip of 0.08-1.5mm. The wholly-owned subsidiary, Jiangsu Yongjin, has a registered capital of 500 million yuan. It specializes in the production of wide-width cold-rolled stainless steel plates and strips, with an annual output of 400,000 tons. The project is under construction to process 75,000 tons of ultra-thin precision cold-rolled stainless steel plates and strips per year. It will provide ultra-high-quality stainless steel strips for high-end manufacturing. The holding subsidiary of Fujian Yongjin is jointly funded by Yongjin and Fujian Dingxin Technology Co., Ltd., a subsidiary of Tsingshan Holding Group, with a registered capital of 500 million yuan and a total investment of 1.4 billion. At present, it is capable of processing 600,000 tons of wide-width stainless steel annually. Belt production capacity. The holding subsidiary of Guangdong Yongjin has a registered capital of 200 million yuan, a total investment of 1.8 billion, and a designed annual production capacity of 680,000 tons. The first phase of the project with an annual production capacity of 280,000 tons has been completed and put into trial production in 2019, and the output value will exceed one hundred after full completion. 100 million yuan.