13 January 2026 | 4:27PM CST Equity Research YINGLIU (603308.SS) Critical high-end casting supplier positioned to benefit from gas turbine supply shortages; initiate at Buy Yingliu is a leading domestic manufacturer of high-end cast components, positioned at one of the most structurally constrained points in the global gas-turbine supply chain. While its current global market share remains below 1%, we believe this low base is precisely what makes the stock compelling, pointing to a long runway for expansio ...