Chaohu Yunhai magnesium Industry is on the list of the top 100 private enterprises in Anhui Province in 2021.

It is understood that the investigation of large-scale private enterprises and the ranking of the top 100 enterprises in Anhui Province have been carried out continuously for 23 years, which has had a greater social impact, and has been highly valued by party committees and governments at all levels and widely concerned by people from all walks of life.

The convening of this event, according to the principle of voluntary participation of enterprises, after examination and evaluation, and according to the main economic indicators of enterprises in 2021, identified the top 100 private enterprises in Anhui Province in 2021, the top 100 in manufacturing and the top 100 in service industry.

Chaohu Yunhai magnesium Industry Co., Ltd. is a wholly owned subsidiary of Yunhai Metal Group in Chaohu. It was officially established on August 11, 2008 with a registered capital of 220 million yuan. The company is located in Chaohu Xiage industrial concentration area, 1.1 kilometers away from dolomite mine, rich in resources. The company's main products are magnesium alloy particles and magnesium alloy ingots, the products are widely used in automotive, electronics 3C industry, aerospace and so on.

After years of development, the company has established a complete magnesium industry chain from "dolomite mining-original magnesium smelting-magnesium alloy smelting (recovery)-magnesium alloy processing". In addition, the company has also introduced a number of high-tech inspection and testing equipment and set up a number of quality testing laboratories to promote the sustainable development of Yunhai Metal Group.

Affected by factors such as the sharp rise in the magnesium industry, according to Chaohu Yunhai magnesium industry financial report data, in the first 10 months of 2021, the company achieved operating income of 1.059 billion yuan, an increase of 28.35% over the same period last year.