Yongxing Special Materials Technology Co Ltd
SZSE:002756
Yongxing Special Materials Technology Co Ltd's latest stock split occurred on Apr 21, 2023
The company executed a 1-for-1 stock split, meaning that for every share held, investors received 1 new share.
Before the split, Yongxing Special Materials Technology Co Ltd traded at 93.08 per share. Afterward, the share price was about 63.85.
The adjusted shares began trading on Apr 21, 2023. This was Yongxing Special Materials Technology Co Ltd's 2nd stock split, following the previous one in Jun 20, 2016.
1S9
Yongxing Special Materials Technology Co Ltd
Glance View
Yongxing Special Materials Technology Co Ltd. stands as a testament to how specialized expertise in materials can carve a niche in the competitive industrial landscape. Founded in the vibrant economic heart of China, Yongxing began its journey focusing on the production of high-efficiency stainless steel. Over time, it has distinguished itself by venturing into cutting-edge special materials technology, developing products that cater to the ever-evolving needs of industries ranging from aerospace to new energy solutions. The company’s strategic emphasis on innovation and quality has enabled it to produce a wide array of sophisticated materials, such as nickel-based alloys and advanced stainless steel products, which are highly sought after for their durability and efficiency. The financial engine of Yongxing is driven by its ability to supply these high-demand materials to major industrial clients, both domestically and internationally. By focusing on sectors that are integral to global development, such as renewable energy and high-tech manufacturing, Yongxing taps into lucrative markets that ensure a steady stream of revenue. Its investment in state-of-the-art production facilities and relentless pursuit of technological advancement sets the company apart from traditional steel manufacturers, allowing it to operate with higher margins. In essence, Yongxing makes its money not just by volume, but by delivering specialized materials that are critical components in complex industrial applications around the world.
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