甬金股份：子公司拟投资建设年产200万吨短流程绿色精品不锈钢项目

Core Viewpoint - Yongjin Co., Ltd. announced the establishment of a joint venture for a green stainless steel project with an investment of $380 million (approximately RMB 2.658 billion) [1] Group 1: Investment Details - The investment will be used to construct an annual production capacity of 2 million tons of short-process green premium stainless steel [1] - The project will be developed in two phases: Phase 1 involves the construction of a 1780mm hot-rolling line and continuous annealing pickling line, with an annual output of 1.95 million tons of hot-rolled stainless steel coils [1] - Phase 1 is planned to require an investment of $200 million, while Phase 2, which includes a stainless steel smelting workshop and supporting facilities with an annual output of 2 million tons of qualified stainless steel billets, is expected to require $180 million [1]