Gansu Yatai Industrial Development Co., Ltd. (000691.SZ) engages in the development, production, and sale of construction materials and related products in China. The company offers a range of core products and services including glass fiber reinforced plastic pipes, composite materials for water supply and drainage systems, anti-corrosion pipes, storage tanks, and environmental protection equipment; it also provides engineering services for pipeline installation, water treatment solutions, and industrial material fabrication. Headquartered in Lanzhou, Gansu Province, the company was founded in 1993 and primarily serves municipal infrastructure, petrochemical, and environmental sectors across northern and western China.
In recent developments, Gansu Yatai has expanded its operations through strategic partnerships with local governments for large-scale water infrastructure projects and completed a funding round in 2024 to support new production lines for advanced composite materials. The company launched an upgraded line of high-strength anti-corrosion pipes tailored for natural gas transmission in late 2024, enhancing its market position in the energy sector; additionally, it acquired a subsidiary focused on smart water management technologies in early 2025, marking a shift toward digital integration in environmental services. These changes reflect ongoing efforts to diversify into sustainable technologies amid China's push for green infrastructure, with operations now extending to partnerships in Xinjiang and Inner Mongolia regions.