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AL CIRCLE

Yulin New Materials Group reports impressive H1 results with a 22.7% surge in revenue Y-o-Y

EDITED BY : 2MINS READ

Shaanxi Nonferrous Yulin New Materials Group recently reported that their production and operations have been stable and robust this year. From January to June, the company saw a 22.70 per cent increase in operating income and a 17.30 per cent rise in total profit compared to the same period last year.

Yulin New Materials Group reports impressive H1 results with a 22.7% surge in revenue Y-o-Y

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Scientific and technological innovation has emerged as a defining feature of Yulin New Materials Group. The company is making significant strides in the development of cutting-edge, high-performance aluminium-based materials, a testament to its commitment to staying at the forefront of the industry.

Notably, their advancements in "aluminium electrolytic anode carbon slag decarbonisation and sodium removal technology for preparing aluminium fluoride and lithium phosphate" have reached an international leading standard.

Additionally, they have established initial production capabilities for aluminium-tin alloy hollow tubular castings, high-quality spherical aluminium particles, and aluminium alloy rods. They are shifting their industrial structure toward high-end manufacturing. The China-based company has emphasised integrating scientific and technological innovation with industrial development this year.

They have optimised the industrial environment and launched several high-quality projects, including refined aluminium, high-purity aluminium, and aluminium-based new materials. The company's expansion is evident in the acquisition of 12 new customers, a clear sign of their growing influence in the market.

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