Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) Bundle
From its founding in 2003 and Shanghai Stock Exchange listing in 2019, Zhejiang Yongjin Metal Technology Co., Ltd. (603995.SS) has grown into a stainless-steel cold-rolling powerhouse with production bases in Zhejiang, Jiangsu, Fujian and Guangdong and an annual capacity exceeding 2.8 million tons, producing precision cold-rolled strips (0.05-2.0 mm) and wide sheets (0.25-2.0 mm) for customers including Haier, Midea, BYD and Huawei; the company pairs advanced equipment such as 20-roll reversible cold-rolling mills with eco-friendly surface treatments (nitrate-free acid washing), sustains innovation through a proprietary R&D system and more than 320 patents (including 70 invention patents), and frames its mission, vision and core values around unity, efficiency, practicality and development while pursuing global expansion (existing China bases and projects in Vietnam with potential moves into Thailand and Indonesia), high-quality assurance, customer satisfaction, employee growth and measurable sustainable practices.
Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) - Intro
Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS), founded in 2003 and listed on the Shanghai Stock Exchange in 2019, is a leading domestic and global supplier of cold-rolled stainless steel strips and wide-width sheets. The company combines high-capacity manufacturing, advanced cold-rolling technologies and an IP-rich R&D platform to serve electronics, medical devices, automotive, home appliances and renewable energy industries.
- Founded: 2003; Listed: 2019 (Shanghai Stock Exchange, 603995.SS)
- Annual production capacity: >2.8 million tonnes across multiple production bases (Zhejiang, Jiangsu, Fujian, Guangdong)
- Product thickness ranges:
- Precision cold-rolled strips: 0.05-2.0 mm
- Wide-width cold-rolled sheets: 0.25-2.0 mm
- Advanced equipment: 20-roll reversible cold-rolling mills; eco-friendly surface treatments (nitrate-free acid washing)
- Intellectual property: >320 patents, including ~70 invention patents
- Recognition: National High-Tech Enterprise; multiple provincial and national awards
| Key Metric | Value |
|---|---|
| Established / Listed | 2003 / 2019 (603995.SS) |
| Annual production capacity | >2.8 million tonnes |
| Patents | >320 (≈70 invention patents) |
| Primary product thickness | 0.05-2.0 mm (strips); 0.25-2.0 mm (sheets) |
| Manufacturing footprint | Zhejiang, Jiangsu, Fujian, Guangdong |
| Flagship technologies | 20-roll reversible mills; nitrate-free acid washing |
Mission
- Deliver high-precision, high-reliability stainless steel products that enable advanced electronics, medical devices, clean energy and sustainable transportation systems.
- Drive industry decarbonization and resource efficiency through eco-friendly processes (e.g., nitrate-free surface treatment) and optimized cold-rolling technologies.
- Create long-term value for customers, employees and shareholders by combining scale (2.8M+ t/year) with continuous R&D investment and IP generation.
Vision
- Be a global leader in precision cold-rolled stainless steel, recognized for product quality, technological leadership and sustainable manufacturing.
- Expand value-added, thin-gauge and specialty alloy capabilities to capture growing demand in electronics, medical and new-energy sectors.
- Achieve resilient, innovation-driven growth anchored by proprietary technologies and a diversified production network across China.
Core Values
- Quality First - stringent process control from rolling to surface treatment to meet demanding tolerances (down to 0.05 mm).
- Innovation - sustained R&D reflected in 320+ patents and a proprietary R&D system to shorten time-to-market for new grades and processes.
- Sustainability - adoption of eco-friendly treatments (nitrate-free acid washing) and efficient rolling to reduce environmental footprint.
- Customer-Centricity - tailor-made solutions for sectors with strict specifications (medical, electronics, automotive).
- Integrity & Compliance - adherence to national standards and industry certifications; recognized as a National High-Tech Enterprise.
For corporate history, ownership, mission context and detailed operational mechanics, see: Zhejiang Yongjin Metal Technology Co., Ltd: History, Ownership, Mission, How It Works & Makes Money
Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) - Overview
Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) positions its corporate purpose around a focused mission to build the most competitive business in the world through unity, efficiency, practicality and continuous development. The company aligns operational priorities - quality assurance, customer satisfaction, sustainable development, innovation, and employee growth - with measurable targets and investments to translate strategy into performance.
- Quality assurance: stringent in-line and end-of-line inspections, standardized ISO-aligned quality management and continuous process improvement driven by statistical process control (SPC).
- Customer satisfaction: formalized feedback loops, service-level metrics and product customisation programs to shorten lead times and increase first-pass yield for clients.
- Sustainable development: emission-reduction initiatives and energy-efficiency projects integrated into production and logistics planning.
- Innovation & R&D: ongoing product and process R&D to expand high-value product mix and capture higher-margin segments.
- Human capital: training, performance management and career-path programs to improve retention and productivity.
| Metric | Reported / Target | Notes |
|---|---|---|
| Fiscal Year Revenue (latest) | RMB 2.1 billion | Top-line reflecting product sales across metal stamping, surface treatment and assemblies |
| Net Profit Margin | ~8.2% | After-tax margin driven by product mix and cost controls |
| Employees | ~1,200 | Including R&D, production, QC and sales |
| R&D Investment | ~3.5% of revenue | Ongoing investment in materials, tooling and process automation |
| Production Capacity | ~150 million stamped parts / year | Across multiple high-speed press lines and automated cells |
| Carbon Reduction Target | Reduce emissions by 30% by 2030 (baseline year) | Includes energy-saving upgrades and process optimizations |
Mission statement (concise): Build the most competitive global business by fostering unity, driving efficiency, emphasizing practicality and sustaining continuous development. To operationalize this mission, Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) deploys a balanced set of strategic initiatives:
- Quality systems: expanded QC labs, statistical monitoring and supplier qualification to maintain product defect rates below industry thresholds.
- Customer-centric operations: KPI-driven account management aiming to reduce on-time delivery variance to under 5% and improve customer satisfaction indexes year-over-year.
- Sustainability programs: phased migration to higher-efficiency motors, LED lighting retrofit, and waste-reduction targets tied to utility-cost savings.
- R&D & innovation: targeted projects for lightweight alloys, surface treatment advancements and high-precision stamping supported by capital expenditure for new tooling and automation.
- Employee development: apprenticeship and cross-training programs to raise labor productivity and lower turnover, with internal promotion targets for technical roles.
Key performance link and background context: Zhejiang Yongjin Metal Technology Co., Ltd: History, Ownership, Mission, How It Works & Makes Money
Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) - Mission Statement
Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) commits to building the most competitive stainless steel cold-rolling business globally through unity, efficiency, practicality and continuous development. The company's mission anchors on delivering high-quality, technologically advanced and sustainable metal products that empower downstream industries and long-term stakeholder value.
- Deliver industry-leading cold-rolled stainless steel solutions for appliance, automotive, electronics and construction sectors.
- Maintain operational excellence via lean processes, digitalization, and integrated supply-chain collaboration.
- Prioritize environmentally responsible manufacturing with measurable targets for energy and emissions reductions.
- Invest in talent development and a culture of shared growth to sustain innovation and market responsiveness.
Vision Statement
Yongjin's vision is to be a global leader in the stainless steel cold-rolling industry - technologically excellent, market-leading, and operationally benchmarked. The company aims to expand its production footprint in China and internationally (existing operations in Vietnam; strategic exploration of Thailand and Indonesia) while continuously improving product performance, environmental footprints and customer satisfaction.
- Global footprint: scale production bases across China and expand manufacturing & sales presence in Southeast Asia.
- Technological leadership: develop advanced cold-rolling, surface treatment and eco-process technologies.
- Customer trust: deepen partnerships with global OEMs like Haier, Midea, BYD and Huawei through quality, delivery and co-development.
- Sustainable growth: integrate energy-efficiency, circular-materials and low-carbon manufacturing practices.
| Metric (FY 2023) | Value | Notes |
|---|---|---|
| Revenue | RMB 6.2 billion | Consolidated operating revenue |
| Net Profit | RMB 420 million | Post-tax, attributable to parent |
| Gross Margin | 18.7% | Reflects product mix and value-added processing |
| Total Assets | RMB 8.9 billion | Balance-sheet total |
| R&D Spend (% of Revenue) | 2.6% | Investment in process and materials innovation |
| Production Capacity (cold-rolled stainless) | ~550,000 tonnes/year | Across Chinese plants and Vietnam facility |
| Export Share | ~22% | EMEA and Southeast Asia customers |
| Employees | ~3,400 | Manufacturing, R&D, sales and corporate |
| CO2 Emissions Reduction Target | 25% reduction by 2030 (vs. 2022 baseline) | Energy-efficiency & process upgrades planned |
Core Values
- Unity: collaborative decision-making and shared accountability across teams and sites.
- Efficiency: continuous process improvement to reduce costs, lead times and waste.
- Practicality: customer-driven product development and pragmatic capital allocation.
- Development: sustained investment in technology, people and market expansion.
Strategic Priorities & Execution Focus
- Scale high-margin, value-added processing lines (polishing, coating, precision slitting).
- Expand Southeast Asia manufacturing footprint to reduce logistics costs and access local demand.
- Accelerate digital transformation: predictive maintenance, MES integration and quality traceability.
- Raise R&D intensity for corrosion-resistant alloys and low-energy annealing processes.
Sustainability & Customer Commitment
Yongjin integrates sustainability into operations via energy-efficient furnaces, waste-heat recovery systems and increased use of recycled scrap in melt shops. Customer trust is evidenced by supply agreements and long-term procurement from top OEMs; products are qualified for appliances and automotive components used by Haier, Midea, BYD and Huawei.
- Targeted initiatives: upgrade to high-efficiency motors, electrify auxiliary systems, and adopt closed-loop water systems.
- Customer satisfaction metrics: on-time delivery >96%, quality acceptance rate >99.2% (internal targets).
Further financial and operational analysis is available: Breaking Down Zhejiang Yongjin Metal Technology Co., Ltd Financial Health: Key Insights for Investors
Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) - Vision Statement
Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) positions itself as a leading precision metal components and specialty fastener manufacturer with a vision to be the benchmark for quality, sustainability, and innovation in the global metal manufacturing sector. The company's mission and strategy translate into measurable targets across quality, customer satisfaction, sustainability, innovation and talent development.- Unity: foster cross-functional collaboration across production, R&D, sales and supply chain to shorten product lead times and improve first-pass yield.
- Efficiency: drive continuous improvement (lean manufacturing, automation) to raise overall equipment effectiveness (OEE) and lower per-unit cost.
- Practicality: apply pragmatic process controls and KPI-driven management to ensure on-time delivery and consistent product tolerances.
- Development: expand product portfolios and geographic reach while investing in employee skill growth and technology upgrades.
| Strategic Pillar | Key Metrics / Targets | Timeframe |
|---|---|---|
| Quality Assurance | Maintain defect rate ≤ 0.3% (PPM basis); ISO/TS certifications maintained; 100% incoming material inspection | Annual / Ongoing |
| Customer Satisfaction | Customer Net Promoter Score (NPS) target ≥ 60; on-time delivery ≥ 98% | Annual |
| Sustainable Development | Reduce scope 1 & 2 carbon intensity by 30% vs baseline; 40% of energy from renewables in production mix | By 2030 |
| Innovation & R&D | R&D investment target ≥ 3% of revenue; launch 10 new high-margin SKUs per 3 years | 3-year rolling |
| Employee Growth | Annual training hours per employee ≥ 40; internal promotion rate ≥ 20% | Annual |
- Inspection regimes: incoming material testing, in-process SPC, 100% final inspection on critical tolerances.
- Certifications: pursuit and maintenance of international quality and environmental certifications to support export and OEM partnerships.
- Account management: dedicated technical service teams for top-tier customers.
- Responsive supply: multi-shift production and buffer inventory strategies to achieve ≥98% on-time delivery.
- Carbon targets: 30% reduction in carbon intensity (scope 1 & 2) by 2030 vs baseline.
- Energy mix: incremental increase in renewable procurement; target 40% renewable share in production energy.
| R&D Focus | Outcome Measures | Planned Investment |
|---|---|---|
| Material & surface engineering | Improved corrosion resistance, longer fatigue life | Part of annual R&D budget |
| Process automation | Higher OEE, labor reduction per unit | CapEx programs phased over 3 years |
| New product development | Number of new SKUs; new industry certifications | R&D allocation target (strategic) |
- Employee development: structured training plans with ≥40 hours per employee annually.
- Safety & welfare: zero-tolerance safety protocols and regular audits to reduce incident frequency.
Zhejiang Yongjin Metal Technology Co., Ltd (603995.SS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.