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Yongjin Technology Group posts net profit of RMB 549 million for 2025

News Snapshot:

Zhejiang Province-based Chinese stainless steel producer Yongjin Technology Group Co., Ltd. has announced that it registered an operating revenue of RMB 42.646 billion ($6.2 billion) in 2025, up 1.88 percent year on year, while posting a net profit of RMB 549 million ($79.9 million) for the given year, down 32.31 percent year on year. Yongjin Technology Group sold 3.568 million mt of cold rolled stainless steel products in 2025, up 7.67 percent year on year. Yongjin Technology Group stated that it plans to sell 3.8-4.0 million mt of cold rolled stainless steel products in 2026. Meanwhile, it plans to register…

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