- Business
- Yalian Machinery Co Ltd (001395.SZ) engages in the research, development, production, sales and service of wood-based panel production lines and supporting equipment. The company offers comprehensive integrated solutions for high-end wood-based panel manufacturing, including continuous flat pressing production lines for fiberboard, particleboard (including oriented strand board), targeted chipboard and veneered composite board; paving systems, hot press systems, material preparation systems; supporting equipment such as high-strength stainless steel strips, hydraulic systems, forming lines, conveying systems, pre-presses, trimming saws, diagonal saws and raw board handling; as well as technical upgrades, modifications and related services for existing production lines. Founded in 2005 and headquartered in Dunhua City, Jilin Province, China, with manufacturing facilities in Dunhua, Tangshan and other locations, the company primarily serves the wood-based panel industry in China across provinces including Anhui, Fujian, Guangdong, Guangxi, Hebei, Henan, Hubei, Inner Mongolia, Jiangsu, Liaoning, Shandong, Sichuan, Xinjiang and Zhejiang, while expanding internationally to Belt and Road Initiative countries such as Russia, Thailand, Indonesia, Pakistan and Kazakhstan, as well as markets like India and Vietnam. In January 2025, Yalian Machinery completed its initial public offering on the Shenzhen Stock Exchange, raising approximately 416 million yuan through the issuance of 21.81 million shares priced at 19.08 yuan each to fund expansion and operations; the company also continues to innovate with advancements in ultra-thin fiberboard production lines achieving thicknesses as low as 0.8 mm at speeds up to 180 meters per minute, the world's first thin bamboo particleboard line and the first continuous flat-pressed reed particleboard line, alongside reporting 2024 revenue of 866 million yuan (up 33.88% year-over-year) and net profit attributable to parent of 154 million yuan (up 49.50%).