Reported 9 months ago
Yonggang Chairman Wang Jiongfen expressed the company's commitment to launching new products annually to break the domestic monopoly on high-end tool steel imports. In a recent product launch event, Yonggang unveiled their focus on alloy tool steel, functional products, and commercial alloy steel. They also revealed plans to introduce stainless steel discs, making them the second steel mill in Taiwan to produce this product. With orders already visible into the first quarter of next year, Yonggang anticipates a return to normal revenue performance in the latter half of this year. Additionally, the company introduced two new high-grade products during the event.
Source: YAHOO