- Business
- Yechiu Metal Recycling (China) Ltd. Yechiu Metal Recycling (China) Ltd. (601388.SS) principally engages in the recycling, sorting, processing, smelting, and casting of scrap aluminum resources to manufacture secondary aluminum alloy ingots and related products; it also trades metal scrap materials including shredded copper birch, shredded brass, heavies, grey metal, shredded zinc, and shredded stainless steels. The company produces aluminum alloy ingots of various grades and specifications for applications in automobiles, electrical appliances, machinery, construction, electricity, transportation, packaging, hardware, power tools, telecommunications, computers, and home appliances; additionally, it handles car dismantling, industrial and household waste recycling, and scrap metal trading. Yechiu Metal Recycling operates manufacturing divisions in China, Malaysia, and the United States, serving markets in America, Japan, China, rest of Asia, and others, with approximately 1,590 employees. Founded in 1984 in Malaysia and incorporated in China in 2001 with headquarters in Taicang, Suzhou, the company, China's first listed recycled aluminum firm on the Shanghai Stock Exchange, changed its name from Ye Chiu Metal Taicang Co., Ltd. in 2009. Recent developments include the completion of the acquisition of Metalico Inc. from Total Merchant Limited and a Shanghai-based investment firm to expand U.S. operations, alongside ongoing investments in advanced recycling technologies, automation, and a new processing facility in Jiangsu Province to boost capacity by 20%; the company issued its 2024 annual report in April 2025 and continues to prioritize sustainability with ISO 14001 certification and compliance with environmental regulations.