[SMM Flash News] SMM reported on July 9 that according to the Regional Economic Cooperation Service Center of Naiman Banner, Inner Mongolia, the cold-rolled stainless steel production project of Beijing Junyaoan Technology Co., Ltd., with a total investment of 150 million yuan, has settled in Naiman Banner. The project mainly involves the construction of cold-rolled stainless steel production workshops and ancillary facilities. The project will be constructed in two phases. In Phase I, two cold-rolled stainless steel strip production lines and three annealing production lines will be installed, with an annual output of 100,000 mt of cold-rolled stainless steel strips. In Phase II, one stainless steel color-coated steel tile production line will be constructed, with an annual output of 100,000 mt of stainless steel color-coated steel tiles. Construction is expected to commence in September 2025 and be fully completed and put into operation by September 2026. After the project is fully operational, it is expected to achieve an annual sales revenue of 1 billion yuan.