Domestic lead frame manufacturer Yourun Electronics terminated the listing of the new third board and doubled its net profit in 2020.

On July 18, according to the announcement of the stock conversion system, recently, Taizhou Yourun Electronic Technology Co., Ltd. (securities referred to as: Yourun Electronics) submitted an application to our company to terminate the listing of the stock. According to the "detailed rules for the implementation of the termination of the listing of the shares of the companies listed in the National share transfer system for small and medium-sized Enterprises", our company has now decided to terminate the listing of its shares from July 19, 2021.

In 2020, Yourun Electronics achieved an operating income of 246 million yuan, an increase of 16.5% over the same period last year, and a net profit of 17.5408 million yuan belonging to shareholders of listed companies, an increase of 99.06% over the same period last year.

Data show that Taizhou Yourun Electronic Technology Co., Ltd. was officially established in 2009, with a registered capital of 28 million yuan, located at No. 6 Yongfeng Road, Gaogang High-tech Industrial Park, Taizhou, with an existing production plant of 20000m ². The company's main products semiconductor integrated circuits and discrete devices plastic lead frame; 2018 company output value of 250 million yuan.

Yourun Electronics has 43 utility model patents, more than 10 series and more than 100 products, which are mainly sold to Wuxi, Yangzhou, Nantong, Shenzhen, Gansu and other places.

In 2014, the company invested 30 million yuan to build a 14000m ²plant and invested 35 million yuan to build two copper strip production lines of the opposite sex.

In December 2015, the company landed in the new third board market, stock code: 835618, thus providing a source of funds for the further development and growth of the enterprise. Promote enterprises to establish a standardized operation and management system, improve the corporate governance structure, and constantly improve the quality of operation.

In 2016, the company moved to the new plant, invested 35 million yuan to upgrade the production line, and the company's annual production capacity increased from 1.5 billion to 2.5 billion IC lead frames.

In 2017, the company plans to expropriate 15 mu of land with an investment of 50 million yuan to build a 4000m ²plant and 2000m ²R & D center, as well as a high-end IC lead frame production line for computers.