Jiangsu Yongjin invests in technical transformation project of high-performance special stainless steel materials
2020-11-25 12:02:43 [Print]
Yongjin Corporation said on November 24 that in view of the company's products having a relatively good competitive advantage in the market, in order to fully grasp the current industry development opportunities and increase the company's high-end stainless steel market share, the company's wholly-owned subsidiary Jiangsu Yongjin Metal Technology Co., Ltd. decided to invest in the construction of the "95,000tpy technical transformation project of high-performance special stainless steel materials" in the original factory area with approximately RMB556.01 million (USD84.53 million). It is planned to undergo technological transformation in April 2021 for a construction period of 15 months.
