Jiangxi Yuean Advanced Materials Co., Ltd. (688786.SS) engages in the research, development, production, and sale of advanced metal powders and related materials primarily for high-tech applications. The company offers a comprehensive range of core products including carbonyl iron powder; atomized alloy powder series; soft magnetic material powder; metal injection molding feedstock; 3D printing alloy powders such as titanium alloys for aerospace structural components; microwave absorbing materials for electromagnetic wave shielding coatings and patches; carbon nanotubes; conductive nickel powder; and amorphous powder. These products serve diverse industries such as aerospace, military, automobiles, consumer electronics, precision instruments, electric tools, medicine, and food additives, with applications in soft magnetic components, wave-absorbing solutions, and high-precision parts. Founded in 2004 and headquartered in Ganzhou, China, the company operates mainly in China and internationally, including through its wholly-owned subsidiary Yuelong GmbH in Frankfurt, Germany, for European market development and R&D; it employs around 577 people and holds multiple patents in carbonyl production technology, superfine powder treatment, and national standards drafting. Recently, its subsidiary completed small-batch test orders for titanium alloy 3D printing materials supplied to aviation structural parts, with ongoing collaboration with institutions like the Chinese Academy of Sciences for higher-performance powders targeting mass production in the second half of 2025; absorbing materials shipments advanced steadily in customized applications amid long validation cycles, while MIM-related products saw sales growth from demand in consumer electronics, automotive, and potential robotics precision components.