The company (formerly Yongxing Special Stainless Steel Co., Ltd., Yongxing Materials for short, stock code: 002756) was established in July 2000. The company is located in the South Taihu New District of Huzhou City on the southern shore of Taihu Lake. It currently has nine wholly-owned or holding subsidiaries, including Huzhou Yongxing Special Steel Import and Export Co., Ltd., Huzhou Yongxing Material Recycling Co., Ltd., Huzhou Yongxing Investment Co., Ltd., Yongxing Special Stainless Steel Co., Ltd. American Company, Jiangxi Yongcheng Lithium Technology Co., Ltd., and Huzhou Yongxing New Energy Co., Ltd. The company's lithium carbonate business has built a new energy industry chain covering the three major businesses of mining, mineral processing, and lithium carbonate processing. Using lithium porcelain stone from its own mines as the main raw material, it produces battery-grade lithium carbonate through an integrated process of mining, selection, and metallurgy. The company's special steel new materials business uses stainless steel scrap as the main raw material, and uses a short process process to produce stainless steel bars, wires, and special alloy materials. After downstream processing, the products are widely used in oil and gas extraction and refining, thermal power and nuclear power equipment manufacturing, transportation equipment manufacturing, human implantation and medical devices, artificial intelligence, new energy and other high-end machinery and equipment manufacturing. The main product is battery-grade lithium carbonate. Enterprise Honors: Academician Expert Workstation; Zhejiang Science and Technology Small and Medium Enterprise Certificate; Zhejiang Private Enterprise Science and Technology Innovation Award; 2016 Zhejiang High-tech Top 100 Enterprises; Metallurgical Science and Technology Award Certificate; High-tech Enterprise Certificate (2014), won the National May 1st Labor Award, National Steel Industry Advanced Collective, ranked among the top 500 private enterprises in China's manufacturing industry, leading enterprises in the industrial industry in Zhejiang Province, etc.