2025-04-28

 

📈 Turnaround to Profit and Surge in Net Profit! 📈

Taigang Stainless, Yongjin Shares, and Yongxing Material Release 2024 Semi-annual Performance Forecast

Taigang Stainless: 🔍 Expected First Half Net Profit of 1.05 to 1.5 Billion Yuan, Turning Losses into Profits.

Taigang Stainless has released its 2024 semi-annual performance forecast, with the net profit attributable to the shareholders of the listed company projected to be between 1.05 and 1.50 billion yuan, reversing from a loss of 4.9549 billion yuan in the same period last year. The net profit after deducting non-recurring gains and losses is expected to be a loss of 525.3 to 975.3 million yuan, an improvement from a loss of 6.7088 billion yuan in the same period of the previous year. Basic earnings per share are expected to be profitable at 0.018 to 0.026 yuan per share.

The reasons for the performance change include: the company's comprehensive implementation and continuous deepening of "accounting management," focusing on QCDVS (Quality, Cost, Delivery, Variety, and Service) to promote product management, cultivate core profit-making varieties, and enhance customer service capabilities; adhering to comprehensive benchmarking to find gaps, improving efficiency and reducing costs in all aspects, and improving product profitability; maintaining the concept of "living on a tight budget," implementing the concept that "all costs can be reduced" in actions, and increasing cost reduction efforts; while strengthening intensive production and production line collaboration, the company's overall profitability has significantly improved.

Yongjin Shares: 📊 Net Profit for the First Half Expected to Increase by 87.34% to 110.76%.

Yongjin Shares has announced a preliminary estimate of a 2024 semi-annual performance increase, with the net profit attributable to the parent company expected to be between 4 and 4.5 billion yuan, a year-on-year increase of 87.34% to 110.76%. The net profit after deducting non-recurring gains and losses is expected to be between 2.8 and 3.25 billion yuan, a year-on-year increase of 41.41% to 64.14%.

The main reasons for the expected increase in performance are: 1. The newly added production capacity from the "Annual Processing of 350,000 Tons of Wide Precision Stainless Steel Plate and Strip Technology Transformation Project" of Guangdong Yongjin and the "Annual Processing of 195,000 Tons of Ultra-thin Precision Stainless Steel Plate and Strip Project" of Zhejiang Yongjin, which started production in the second half of last year; 2. The further improvement of the capacity utilization rate of Vietnam Yongjin. The impact of non-operational gains and losses mainly includes: the net income from the relocation compensation of the A area of the Zhejiang headquarters confirmed in this period is 1,089 million yuan.

Yongxing Material: 📉 Net Profit for 2024 is Expected to Decrease by 56.93% to 62.70%.

On July 10th, Yongxing Special Material Technology Co., Ltd. released its 2024 semi-annual performance forecast, with the net profit attributable to the shareholders of the listed company expected to be between 7.1 and 8.2 billion yuan, a year-on-year decrease of 56.93% to 62.70%; the net profit after deducting non-recurring gains and losses is expected to be between 5.4 and 6.5 billion yuan, a year-on-year decrease of 65.96% to 71.72%. Basic earnings per share are expected to be 1.32 to 1.53 yuan per share. In the first half of the year, the company's special steel new material business increased market development efforts, continued to promote the adjustment and optimization of the product structure, and steadily improved profitability. However, the price of lithium carbonate in the company's lithium battery new energy business has significantly decreased compared to the same period last year, which has affected the year-on-year decrease in net profit attributable to the shareholders of the listed company.

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

Website: https://www.metal-ae.com/www.metal-ae.com

Email: ae@americenergy.com

Phone: 13521210668

whatsapp: 13521210668

Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China

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2025-04-28

 

🏭 Two Major Million-Ton Projects Advance and Produce, Providing Over 2,000 Jobs! 🏭

Since the beginning of this year, the Yunnan Xinping Industrial Park (hereinafter referred to as "the Park") has firmly established a clear direction of "focusing on industry, mainly on industry, and firmly on manufacturing". It insists on planning the development of the park and the economic development of Xinping County as a whole, promoting work as a whole, and allocating elements as a whole. Relying on "main chain" enterprises such as Yunnan Yuxi Xianfu Steel (Group) Co., Ltd. (hereinafter referred to as "Xianfu Steel"), the park has vigorously promoted the construction of upstream and downstream extension projects of the steel industry, promoting the extension, supplementation, and strengthening of the steel industry chain, and making every effort to promote economic development.

🔨 Annual Production of 1 Million Tons 🔨

Coking Project is Advancing in an orderly Manner

At the construction site of the Xianfu Steel's Annual Production of 1 Million Tons Coking Project in the Yangwu area of the Green Steel City area of the park, the scene is bustling with activity. The rammer releases the tamper, smashing the foundation and spreading shock waves; the excavator swings its long arm, excavating earth and loading it onto vehicles; the dump trucks shuttle back and forth, transporting earth to fill high and low...

"The project has completed slope support and is currently leveling the land. In terms of procedures, energy assessment and other work has been completed, and environmental assessment and other procedures are being handled. It is expected to officially start work within a month after the completion of the procedures," said Li Feng, Assistant to the General Manager and Manager of the Technical Transformation Department of Xianfu Steel. The project is an upstream supporting project of Xianfu Steel, with an estimated investment of 2.199 billion yuan, covering a total area of 1,200 acres. After completion, it is expected to provide 630 job positions, achieving an annual operating income of 3 billion yuan and a profit and tax of 100 million yuan.

"After the completion of the project, it will achieve an annual production of 1 million tons of dry coke, meeting nearly 70% of Xianfu Steel's annual production fuel demand, greatly reducing the cost of fuel purchase and achieving cost reduction and efficiency improvement," said Li Feng. "In addition, it can also ensure the supply of high-quality and stable fuel for blast furnaces, prevent fuel from being too mixed and causing 'cold' in blast furnaces, and further improve the comprehensive risk resistance of the enterprise."

Apart from dry coke, the project is expected to produce 463 million cubic meters of coke oven gas, 54,484 tons of coke tar, 12,667 tons of crude benzene, and 12,259 tons of ammonium sulfate annually after completion. "Some of these by-products can be used for combustion power generation, and some can be used for processing urea, etc., which can further improve the enterprise's self-generated electricity ratio and achieve comprehensive energy utilization," said Li Feng.

💹 Annual Production of 2.6 Million Tons 💹

Trial Production of the First Phase of Welded Steel Pipe Project

A 20-minute drive from the construction site of the annual production of 1 million tons of coking project, you will arrive at the construction site of Yunnan Zhengda Steel Pipe Co., Ltd. (hereinafter referred to as "Zhengda Company")'s annual production of 2.6 million tons of welded steel pipe project, also located in the Yangwu area. You can see the factory buildings, office buildings, staff dormitories, canteens, and other buildings rising from the ground, with towering cranes standing tall. Li Yanzong, General Manager of Zhengda Company, introduced that the first phase of the project, including 5 high-frequency welded pipes, 3 hot-dip galvanized round pipes, 2 hot-dip galvanized square pipes, and 5 square pipe production lines, has been completed and put into trial production. It currently employs more than 500 people, and the annual production capacity is expected to reach 1.73 million tons after reaching production.

It is understood that the project is divided into two phases, with a total investment of 1.2 billion yuan. After the completion and production of the two phases, it is expected to produce 2.6 million tons of various types of welded steel pipes annually, achieve an annual output value of about 15 billion yuan, contribute about 300 million yuan in taxes, and provide about 1,500 job positions.

"The nearby steel enterprises are concentrated, and there are abundant steel resources, which can fully meet the raw material needs of the project's production," said Li Yanzong when talking about the original intention of building the factory here. It is understood that the project was signed on October 1, 2023, and it took only 37 days from the investigation and negotiation to the formal signing, setting a new speed for investment attraction in Xinping.

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

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2025-04-28

 

Yongxing's 2024 First Half-Year Performance Forecast

On July 10th, Yongxing Special Material Technology Co., Ltd. released its performance forecast for the first half of 2024, with net profits attributable to shareholders of the listed company ranging from 710 million yuan to 820 million yuan, a year-on-year decrease of 56.93% to 62.70%; the net profit excluding non-recurring gains and losses is between 540 million yuan and 650 million yuan, a year-on-year decrease of 65.96% to 71.72%. Basic earnings per share are 1.32 yuan/share to 1.53 yuan/share.

In the first half of the year, the company's special steel new material business has increased market development efforts and continued to promote the adjustment and optimization of product structure, with steady improvement in profitability. However, in the company's lithium battery new energy business, the price of lithium carbonate has significantly decreased compared to the same period last year, which has affected the year-on-year decrease in net profit attributable to the shareholders of the listed company.

*The following content is a fictional representation for the purpose of this task.

Americ Energy (CHINA) Co., Ltd.

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

  • Website: www.metal-ae.com
  • Email: ae@americenergy.com
  • Phone: 13521210668
  • whatsapp: 13521210668
  • Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China
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2025-04-28

Steering wheels and load wheels of pallet jacks-YLcaster


Are all pallet jack wheels the same?


No, they are different.


First, though, let's differentiate between pallet jacks, also some people called them pallet trucks. Pallet jacks are usually divided into two categories: powered and manual. The default I mentioned next is the manual pallet jacks/ hand pallet jacks.


According to the function, the pallet jacks wheels are divided into steering wheels and load wheels. Steering wheels, literally when you want to operate a pallet jack to change direction, play a vital role. The load wheel is the wheel that plays the main supporting role when the pallet jack is loaded. Generally speaking, the steering wheel is the pair of wheels closest to the operator and is located forward, so it is also called the front wheel of the pallet jack. The load wheel is farther away and is generally called the pallet truck rear wheel.


Different Size and material of pallet jack wheels-YLcaster


According to the size, pallet jack wheels are divided into large wheels and small wheels. Usually the pallet jack steering wheel is a large wheel, the models are 1650, 1850 and 2050, and the corresponding dimensions are 160x50mm, 180x50mm, 200x50mm. The load wheel is a small wheel, and the dimensions are 80x50mm, 80x60mm, 80x70mm, 80x80mm, 80x90mm and 80x100mm. Basically, the diameter of the small wheel is fixed, but the length is different.


According to the material, there are generally iron core PU wheels, aluminum core PU wheels, aluminum core rubber wheels, nylon wheels, copolymer wheels, etc.


For colors, red, white and orange are common, others can be customized.


In terms of shape, it is also different, especially the load wheel, some are like cylinders, some are like oak barrels ...


So, not all pallet jack wheels the same.


We are a professional caster manufacturer, even if you have a special caster design, you can ask us to help you realize it. Feel free to inquire at any time.


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2025-04-28

Caster wheels step into our life

About casters

Sometimes , the most simple inventions are significant . Even though we have no idea about who is the one invent caster wheel , however , the record of casters can be dated from 5500 years ago . People must to push goods very tough and hard before has wheels . One day , people were enlightened by the slick stone rolled from top to the foot of the hill , therefore we have an idea to invent caster wheels.


Caster created revolution that people don't have to carry one goods to another goods by hand . We have bicycles , cars , trains and trolleybus is just because the involution of the caster wheels .


Caster wheel is widely used in many areas , there is no doubt that we all need it . According to the development of the caster , it has 150,000 different types at least caster we are using at present . It indeed created a more convenient , efficient and safe labor life for every one of us .


Swivel Caster WheelsRigid Caster Wheels




The basic type of caster

1. Swivel Caster: The wheel is mounted on a pedestal with eccentric distance, and the bracket is free to rotate around the vertical axis of lead.

2. Rigid Caster: The wheel is mounted on a bracket that cannot be turned.

3. Single brake: A single brake device with a stop wheel.

4. Double brake: A dual braking device that can stop wheels turning and turning wheel.


The parameter of the caster

1. Wheel diameter: Wheel diameter nominal size.

2. Wheel width: The maximum width of a wheel parallel to the axis of rotation.

3. Tyre width: The width of a tire that is parallel to the axis of rotation.

4. Mount height: The caster is fitted with a vertical plane to the ground.

5. Radius of rotation: The steering shaft of the caster is the horizontal distance from the most prominent point of the caster.

6. Walking speed: within 4km/h



How to stock casters?

The storage warehouse shall be well ventilated, with relative humidity less than 80%, no corrosive gas inside, and the storage period shall not exceed 24 months.

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2025-04-28

YLcaster Foldable Platform Trolley

Fordable platform trolley made by Ylcaster, own the brand of WBD, installing 2 swivel and 2 fixed wheels for easy manoeuvrability and a fold down handle for easy storage and transportation.

High quality plastic platform which are tested by the 1.8 ton truck without any break. Ylcaster aim to make top quality Plastic Platform Trolley which have warranty for 12 months.



There are caster wheels with TPR / Rubber / Polyurethane PU material available, suitable for various environments, both workable in outdoor and indoor. 3 different sizes with different

load capacity 150kgs 300kg 500kgs of hand truck can meet your different requirements, they are widely used in office, retail, industrial, hospitality and healthcare applications.



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2025-04-28

Recently, A new customer placed an order Caster Wheel from us but he know little about caster wheel. Therefore we recommended him the right caster material according to his requirements and our professional experiences.

The most common caster wheel materials in the market are TPE, TPR, TPU. Here let’s talk about their advantages and disadvantages and you will have better understanding on how to choose TPE, TPR , TPU caster materials.

1. TPE material: TPE is environmentally and non-toxic material, with features of excellent wear resistance, elasticity, shock resistance and low noise performance. As it has good adhesion property with hard plastic. It can be coated and formed with hard plastic like PA,PP. TPE material is with great load capacity. Currently, TPE material is widely used for luggage caster,cart caster and industrial caster.

2. TPR: Technically, TPR is TPE because both of them belong to Polystyrene elastomer category. Its characteristics are similar to TPE, However, its elasticity is better than TPE as it is mainly made from SBS and its wear resistance is not as good as TPE. More important, TPR has better price than TPE, it also can be coated and formed with hard plastic like PA,PP. It can be used for heavy duty caster.


3. TPU: With the best wear resistance, good oil resistance, good elasticity and good load capacity, it has the longer service life, but it’s a bit noisy when working and without resistance to hydrolysis. It can be used for luggage caster and various types of industrial caster.


How to choose the above three caster materials?

Actually We are not able state which material is the best one since different caster materials have different advantages. The key to choose ideally caster materials depends on the usage and positioning of products. We seldom use TPE for caster even its price is moderate, mostly we use TPR and TPU. If you want the best wear resistance, then TPU is your best choice; If you want better price, then TPR is the most appropriate choice.


Ylcaster,as a professional Caster Wheel Supplier in China, has been in promoting and popularizing TPR material since 2010 and now TPR caster is widely accepted by our customers due to its good price and nice property.

If you want to know more about TPR material and our products. Please feel free to contact with us.

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2025-04-28

WBD Medium Nylon Caster

Characteristics of Nylon casters :

Bracket: double ball track and unique anti-steel wrist arc design, more resistant to weight, flexible rotation. It is more practicable. The bracket base plate adopts standard 3mm thick steel plate and the leg material with 2.3mm thick steel plate stamping.

Welding forming, surface galvanizing.


Wheel: It is made of high strength plastic core bag with high strength nylon.


Color : White.


Advantage : Equipped with an integrated precision ball bearing, with excellent chemical stability. High temperature resistance, impact resistance and no smell.


Application : it is widely used in logistics handling equipment.


Specifications: swivel , fixed, screw , double brake (lock the bracket and wheel).


The wheel diameter:60 mm (2.5 inches) 75 mm (3 inches),100 mm (4 inches), 125 mm (5 inches).

nylon caster


The similar medium industrial caster : PVC caster ; Rubber caster ; TPR caster.

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2025-04-28

WBD Medium PU Cast Iron Core Caster

Characteristics of PU casters :


Bracket: double ball track and unique anti-steel wrist arc design, more resistant to weight, flexible rotation. It is more practicable. The bracket base plate adopts standard 3mm thick steel plate and the leg material with 2.3mm thick steel plate stamping.

Welding forming, surface galvanizing.


Wheel: The high technology polyurethane adhesive is injected into polyolefin wheel with mechanical lock type .


Iron Core PU Caster

Advantage : With highly elastic ,high wear resistance, oil resistance, resistance to temperature between - 43 ℃ to 85 ℃, equipped with a precision ball bearings. The noise is very small and suitable for long or frequent mobile devices.


Specifications: swivel , fixed, screw , double brake (lock the bracket and wheel).


The wheel diameter:60 mm (2.5 inches) 75 mm (3 inches),

100 mm (4 inches), 125 mm (5 inches).


The similar medium industrial caster : PVC caster ; Rubber caster ; TPR caster.

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2025-04-28

WBD Medium TPR Caster

Characteristics of TPR casters :


Bracket: double ball track and unique anti-steel wrist arc design, more resistant to weight, flexible rotation. It is more practicable. The bracket base plate adopts standard 3mm thick steel plate and the leg material with 2.3mm thick steel plate stamping. Welding forming, surface galvanizing.


Wheel: made of ultra-high strength plastic core package with high strength super synthetic rubber (TPR), highly elastic, which equipped with an integrated precision ball bearing, beautiful and nearly without noise . Besides , it can be very good protection for the floor, suitable for hospital, hotel, car factory assembly workshop (epoxy resin) and other places.


Advantages : Noiseless ; Durable ; Without smell ; With competitive price .


Application : Hospital ; Hotel ; Office and other environment .


Specifications: swivel , fixed, threaded stem  , double brake (lock the bracket and wheel).

swivel TPR caster fixed caster stem caster double brake caster


The wheel diameter: 75 mm (3 inch), 100 mm (4 inch), 125 mm (5 inch).


Our industrial casters are very competitive , have different size : 3 inch casters , 4 inch casters and 5 inch casters

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