Company Introduction

Primary Business

The primary business is the research and development, production and sales of cold-rolled stainless-steel strip, the products cover precision cold-rolled stainless steel strip and wide cold-rolled stainless steel strip two major fields. The company was established in August 2003, after years of efforts, by the end of 2019, has developed into a well-known professional stainless steel cold rolling enterprise with an annual output of more than 1.2 million tons. In 2019, the company was rated as "Top 500 Manufacturing Enterprises in China" and "Top 100 Manufacturing Enterprises in Zhejiang Province".

Yongjin is a national high-tech enterprise and the national torch plan project undertaking unit, since its establishment attaches great importance to the improvement of production process and the research and development of technical equipment. The company is one of the few domestic enterprises that can independently design and develop stainless steel cold rolling automatic production lines. The full set of stainless-steel cold rolling automatic production lines such as 20-roll reversible precision cold rolling units independently designed and developed have reached the international advanced level.

With strong production process accumulation and strong technical equipment research and development strength, the ultra-thin precision stainless steel belt (steel pipe) project consortium with its subsidiary Jiangsu Yongjin as the leader successfully won the bid of the National Ministry of Industry and Information Technology "2017 Industrial transformation and upgrading (Made in China 2025) - Key new material industry chain technical capability enhancement key project". In 2019, the company's USB connector special precision stainless steel plate, mobile phone backlight special precision stainless steel plate and other products are included in Zhejiang Province's key high-tech products.

Number of common shareholders and preferred shareholders with voting rights restored And Table of top 10 shareholders' holdings

Total common shareholders (households) as of the end of reporting period	41,838
Total number of common shareholders (households) at the end of the month prior to the date of disclosure in the annual report	27,108
Total number of preferred shareholders whose voting rights have been restored as at the end of the reporting period (households)	0
Total number of preferred shareholders (households) whose voting rights were restored at the end of the previous month before the annual report is disclosed	0

Top 10 shareholders' holdings

Name (Full name)	Increase or decrease during the reporting period	Number of shares held at the end of the period	Ratio (%)	Number of shares held under limited selling conditions	Pledge or Freeze		Nature of shareholder
					Share status	Number
YU JI QUN	0	60180000	26.09	60180000	None		Overseas Corporate
CAO PEI FENG	0	48905789	21.2	48905789	None		Domestic Corporate
ShenZhen GuoSen H&S (Limited Liability Partnership)	0	21052632	9.13	21052632	None		Domestic non-state-owned Corporate
Wanfeng Holdings Group	0	10526316	4.56	10526316	None		Domestic non-state-owned Corporate
CAO JING FEN	0	8080000	3.5	8080000	None		Domestic Corporate
Qingdao Xietong Equity Venture Center (Limited Liability Partnership)	0	5000000	2.17	5000000	None		Domestic non-state-owned Corporate
ZHOU DE YONG	0	2700000	1.17	2700000	None		Domestic Corporate
DONG ZHAO YONG	0	2200000	0.95	2200000	None		Domestic Corporate
HOU WEN BO	0	2105263	0.91	2105263	None		Domestic Corporate
CAO WAN CHENG		1680000	0.73	1680000	None		Domestic Corporate
Description of the above shareholders' affiliation or concerted action	Among the above shareholders, YUJIQUN (Chinese name: 虞纪群) and Cao Peifeng are husband and wife, and together they are the controlling shareholders and de facto controllers of the Company, while Cao Jingfen and Cao Wancheng are the siblings of Cao Peifeng, and Cao Jingfen, Cao Wancheng and YUJIQUN (Chinese name: 虞纪群) and Cao Peifeng are parties acting in concert. Other than that, there is no connection or concerted action relationship among the above top ten shareholders, and the company is not aware of any connection or concerted action relationship among the top ten unlimited shareholders.
Description of preferred shareholders whose voting rights have been restored and the number of shares they hold	Inapplicable