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Zhejiang Yongjin Metal Technology Co Ltd

Yongjin Technology Group Co., Ltd. researches, develops, produces, and sells cold-rolled stainless-steel strips in China. Its offerings include titanium alloy materials, new energy battery shell materials, metal laminate composite materials, and stainless-steel water pipes. These stainless-steel products are used in electronics, home appliances, kitchen appliances, daily necessities, building decoration, machinery and equipment, chemical pipelines, automobiles, elevators, and other fields. The company was formerly known as Zhejiang Yongjin Metal Technology Co., Ltd. and changed its name to Yongjin Technology Group Co., Ltd. in August 2023; it was incorporated in 2003 and is based in Lanxi, China.

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Yongjin Shares Responds to Rumors on Pre-Nickel-Plated Steel Strip and Titanium Alloy Materials

Yongjin Shares announced on August 26 that on August 14 it hosted a research session for all investors who participated online in the company's 2026 semi-annual results briefing. The company responded to market concerns including progress on customer certification for pre-nickel-plated steel strip used as specialized casing material for power battery shells, and rumors regarding titanium alloy material sample submissions. The company stated that the production line for the first phase of subsidiary Zhejiang Pusai's project with an annual capacity of 225,000 tonnes of specialized casing material for cylindrical batteries, namely the project with an annual capacity of 75,000 tonnes of specialized casing material for cylindrical batteries, has completed commissioning.
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Yongjin Stock Releases 2026 Interim Report, Net Profit Attributable to Parent at 360 Million Yuan

Yongjin Stock disclosed its 2026 interim report on August 12, 2026. The company achieved total operating revenue of 22.75 billion yuan, net profit attributable to the parent of 360 million yuan, and net cash inflow from operating activities of 267 million yuan. During the reporting period, the company's asset-liability ratio rose to 58.38%, gross margin was 5.20%, a slight decrease of 0.08 percentage points from the same period last year, and return on equity was 5.94%. Diluted earnings per share were 0.99 yuan, total asset turnover was 1.37 times, and inventory turnover was 5.29 times, down 11.05% year-on-year. As of the end of the period, the company had 19,000 shareholders, and the top ten shareholders held a total of 202 million shares, accounting for 55.63% of the total share capital.
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Multiple A-share Companies Announce Mid-Year Dividends; Action Education Plans 12 Yuan per 10 Shares

On the evening of August 11, several A-share listed companies released their 2026 mid-year dividend implementation plans or proposals. Among them, Action Education plans to distribute a cash dividend of 12 yuan per 10 shares, including tax, totaling 143 million yuan. Xinjiang Xintianran Gas plans to distribute 8 yuan per 10 shares, including tax, with an estimated total payout of 339 million yuan. Jangho Group plans to distribute 0.25 yuan per share, including tax, with an estimated total payout of 283 million yuan. Hikvision released its equity distribution implementation announcement, proposing a cash dividend of 5.50 yuan per 10 shares, including tax, to all shareholders, with a cumulative total dividend of 5.041 billion yuan. The record date is August 18. In addition, Yongjin Technology, Wohua Pharmaceutical, Hubei Yihua, Great Wall Sci-Tech, Dongbai Group, and Fushine Pharmaceutical also disclosed their dividend plans.
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