Yongjin Technology (SH:603995) Xin Lang Cai Jing·2025-12-15 01:21Core Viewpoint - Yongjin Technology Group Co., Ltd. reported an increase in stainless steel product inventory and sales in Q3, driven by capacity expansion projects in Jiangsu and Vietnam [1][3]. Production and Sales Performance - In Q3, the company recorded a stainless steel product inventory of 966,600 tons (including 61,600 tons of processing), an increase of 37,700 tons compared to Q2; sales reached 958,600 tons, up by 59,600 tons from Q2 [1][3]. - From January to September, the company achieved an inventory of 2,707,700 tons, a year-on-year increase of 213,200 tons; sales totaled 2,632,000 tons, up by 202,400 tons year-on-year [1][3]. Key Projects - The company is currently constructing a 40,000-ton titanium material project in Sichuan, which has entered the trial production phase [4]. - An overseas project in Thailand, with an annual capacity of 260,000 tons for precision stainless steel strips, is the company's first precision cold-rolled stainless steel production line, expected to be operational by July 2026 [4]. - A proposed project in Turkey for processing 400,000 tons of cold-rolled stainless steel strips is still in the ODI approval stage [4]. Company Overview - Founded in 2003, Yongjin Technology Group focuses on cold-rolled stainless steel and has diversified investments in various sectors, including stainless steel pipes, titanium alloy materials, and specialized materials for new energy battery casings [6]. - The company ranks among the top in China for precision cold-rolled stainless steel and wide cold-rolled stainless steel production capacity [6].