Gansu Yongjin annual output of 220000 tons precision cold rolled stainless steel strip project company registered and established

Recently, Yongjin shares have completed the industrial and commercial registration of Gansu Yongjin and obtained the business license issued by Jiayuguan Market Supervision Bureau. According to the industrial and commercial registration information, its company name is Gansu Yongjin Metal Technology Co., Ltd., which was established on December 13, 2021, with a registered capital of 100 million yuan.

The project of Gansu Yongjin with an annual output of 220000 tons of precision cold-rolled stainless steel strip is another great work of Yongjin Company in actively responding to the country's call for the development of the western region, actively opening up the western market and demonstrating Yongjin's advanced technology.

The total investment of the project is about 1.227 billion yuan, of which the fixed assets investment is about 1.08 billion yuan, which is divided into two phases, of which the construction period of the first phase of the project is 24 months, with two precision BA stainless steel production lines built step by step, with an annual production capacity of 180000 tons; the second phase of the project plans to build a precision ultra-thin stainless steel production line with an annual production capacity of 40, 000 tons in 18 months.

After the completion of the project, the output value will be 2.9 billion yuan, the tax will be 90 million yuan, and there will be 350 jobs, which will effectively promote the development of the local stainless steel market.

Author: gdssmpa

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