Core Viewpoint - Wuhu Yingri Technology Co., Ltd. has completed the counseling filing registration with the Anhui Securities Regulatory Bureau and plans to list on the Beijing Stock Exchange, indicating a significant step towards capital market access and growth potential in the high-performance sputtering target materials sector [2]. Company Overview - Established in 2015 and headquartered in Wuhu, Anhui, Yingri Technology specializes in high-performance sputtering target materials, including ITO rotary targets, metal/alloy targets, and high-purity copper, aluminum, molybdenum, and nickel-vanadium targets for semiconductor applications [2]. - The company went public on the New Third Board in August 2025 and has over 200 patents [4]. Financial Performance - In 2023, Yingri Technology reported revenue of 522 million yuan and a net profit of 63 million yuan [4]. - The company has established a cleanroom facility of 20,000 m², with an annual production capacity of 1,200 tons for ITO rotary targets and 500 tons for metal/alloy targets [4]. Production Capacity and Expansion Plans - Yingri Technology supplies major clients such as BOE, Tianma, Huaxing Optoelectronics, Longi, and Tongwei [4]. - In 2024, the company will initiate a 300 million yuan expansion project to build a new automated production line for 6,000 tons of large-size ITO rotary targets, expected to be operational in the first quarter of 2026, which will double its total production capacity [4].