Xuzhou Hongyang New Material Technology Co., Ltd.

advantage of hongyang technology

Talent advantage

It has a management team with knowledge structure and rich experience. The R&D team relies on Northeastern University

Talent advantage
core technology

Mainly engaged in the development of chromium alloy technology, smelting production equipment and technical processes are at the domestic advanced level

core technology
Product advantage

The developed low-silicon and low-phosphorus chromium alloy products fill the gap in Jiangsu Province and are products supported by the state for development

Product advantage
Location advantage

The ferrochrome market is concentrated in the Yangtze River Delta and the Pearl River Delta, and the company’s customers are mainly distributed in Shandong, Jiangsu, Zhejiang and other regions

Location advantage

about hongyang

Scale of operation

Xuzhou Hongyang New Material Technology Co., Ltd. was established in June 2017 and is located in Datun Town Industrial Park, Pei County, Jiangsu Province, with a registered capital of 105 million yuan. Now it is mainly engaged in chromium alloy technology development, smelting, sales and chromium ore import trade. At the end of 2019, there were 357 employees and total assets of 247 million yuan, of which the original value of fixed assets was 98.82 million yuan, current assets were 163.59 million yuan, and the debt-to-asset ratio was 22.17%. In 2019, it achieved main business income of 581 million yuan and paid 24.48 million taxes and fees. yuan

10500

Registered capital/10,000 yuan
2.47

Total assets/100 million yuan
357

Number of company/person
80

Annual production/10,000 tons

Main use of the product

High-carbon ferrochrome is used as a steel additive to produce a variety of high-strength, corrosion-resistant, wear-resistant, high-temperature, and oxidation-resistant special steels, such as stainless steel, acid-resistant steel, heat-resistant steel, ball bearing steel, spring steel, tool steel, etc. These special steels are aviation, aerospace, automobile, shipbuilding and The defense industry produces indispensable materials such as guns, missiles, rockets, and ships.

Used as ball steel with higher carbon content

Alloying agent for tool steel and high-speed steel, improve the hardenability of steel, increase the wear resistance and hardness of steel
Used as an additive for cast iron

Improve the wear resistance and hardness of cast iron, while making the cast iron have good heat resistance
Used for slag-free production

Used as a chromium-containing raw material for the production of silicon-chromium alloys and medium and low-carbon ferrochromium by slag-free method
Used for electrolysis to produce metallic chromium

Used as a chromium-containing raw material for the production of metallic chromium by electrolysis, and used as a raw material for smelting stainless steel by oxygen blowing