Zhitong Financial and Economic APP News, Youyan Powder (688456.SH) issued a notice that in order to further improve the company's industrial layout and promote the smooth landing of the company's three key layout industry areas, aiming at the increasing material manufacturing and high temperature special powder materials industry, the company, its wholly-owned subsidiary Kangpu Xiwei and Steel Research Investment jointly funded the establishment of the new company Youyan increasing Materials Technology Co., Ltd., to promote the industrialization and large-scale development of the business plate. Enhance the competitiveness and influence of research powder in the field of increasing material and manufacturing powder.
The new company's product areas include 3D printing powder, soft magnetic powder, MIM powder, high temperature brazing powder and superalloy powder. The main products include more than 20 kinds of aluminum alloy powder, high strength and high conductivity copper alloy powder, superalloy powder and so on. It can be widely used in aviation, aerospace, weapons, electrical and electronics, shipping, automobile, communications, nuclear industry, corrosion protection and other fields.
The registered capital of the new company is 50 million yuan, of which 30 million yuan is contributed by research powder in the form of cash; Compaxiwei contributes 10 million yuan in the form of fixed assets and intangible assets; and 10 million yuan is contributed by steel research investment in the form of cash.