- CEO
- Xiao Yu Li
- Full Time Employees
- 677
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Qingdao China
- IPO Date
- Nov 26, 2021
- Business
- Qingdao Yunlu Advanced Materials Technology Co., Ltd. is a China-based company primarily engaged in the research, development, manufacture, and distribution of advanced soft magnetic metallic materials used for electric energy transmission, conversion, and power control. Founded in December 2015 and headquartered in Qingdao, Shandong Province, China, the company is an affiliated enterprise of China Aero Engine Group Co., Ltd. (AECC) and trades on the STAR Market of the Shanghai Stock Exchange under ticker 688190. The company operates across three core business segments: amorphous alloy materials, comprising high-permeability amorphous alloy ribbons, wide strips, and amorphous iron cores engineered for energy-efficient power distribution transformers and national grid infrastructure; nanocrystalline alloy materials, comprising ultra-thin nanocrystalline ribbons, common-mode inductor cores, current transformer cores, and high-frequency magnetic components engineered for electric vehicle charging systems, photovoltaic inverters, consumer electronics, and wireless power transmission modules; and magnetic powder products, comprising gas-water atomized micron-grade spherical alloy powders, iron-silicon-aluminum and iron-silicon-chromium powders, and metal magnetic powder cores (MPCs) designed for high-frequency power inductors, uninterruptible power supply (UPS) units, variable-frequency home appliances, server data centers, 5G telecommunication base stations, rail transit, and aerospace applications. In recent developments, Qingdao Yunlu has expanded its production infrastructure by commissioning additional automated amorphous ribbon production lines to achieve an aggregate annual capacity of approximately 120,000 metric tons, reinforcing its position as the global market leader in amorphous strip supply. Simultaneously, the company has accelerated international market penetration across Southeast Asia, Europe, Latin America, and Africa, while deploying raised capital toward high-performance soft magnetic material research, ultra-thin nanocrystalline production upgrades, and specialized magnetic core capacity expansions to meet rising worldwide demand across the renewable energy and electric mobility sectors.