Yulin New Materials Group has reported significant progress this year, prioritising high-end differentiation in the aluminium industry while emphasising steady growth, enhanced quality and efficiency. The company has made consistent advancements in production and operations, achieving remarkable outcomes in high-quality development. As of November 30, the company's operating income has surpassed the annual target, marking a record-breaking year with a 28.27 per cent increase compared to the previous year.
Souce: FreePik
Significant strides have been made to advance high-quality projects. Between January and November, the company invested RMB 1.225 billion in fixed assets, achieving 99.69 per cent of the annual plan. The flat ingot production line of the aluminium-based new material project, with a yearly capacity of 430,000 tonnes, completed debugging, producing its first batch of flat ingots. This marks the project's transition to the transformation and investment phase.
Additionally, progress has accelerated on key initiatives, including a 30,000-tonne annual refined and high-purity aluminium project, a 100,000-tonne aluminium foil project, and a 50,000-tonne aluminium-based new material project. These efforts are driving the company's industrial structure towards high-end manufacturing.
The company is committed to advancing high-performance, forward-looking aluminium-based new materials, with a strong focus on differentiated high-end products and enhanced scientific and technological R&D. The project "Key Technology for Preparing Aluminum Fluoride and Lithium Phosphate through Decarburization and Sodium Removal in Aluminum Electrolysis" has been recognised as internationally leading, with its implementation feasibility study successfully passing expert review.
Customised production capabilities have been established for aluminium-tin alloy hollow tubular castings, high-quality spherical aluminium particles, and aluminium alloy bars. Additionally, the spherical aluminium particles have achieved product certification from two downstream customers.
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