7.46
-0.67%
Close of 9 Nov 2026, in CNY
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About Sinosteel New Materials Co
Its shares trade on Shenzhen under the ticker 002057.SZ. It has been listed since 2 August 2006. In the fiscal year to 31 December 2025, it reported revenue of CN¥3.13bn and net income of CN¥176.3m. At that date it held total assets of CN¥5.40bn and shareholders' equity of CN¥3.19bn.
Sinosteel New Materials Co., Ltd. engages in the Industrial raw material business, metal products business, electronic component business, equipment business and professional technical service business. The company is headquartered in Ma'Anshan, Anhui. The company went IPO on 2006-08-02. Its main products and businesses include soft magnetic materials, permanent magnet devices, rare earth permanent magnet devices and inspection and testing services. The soft magnetic material products include manganese tetroxide, iron silicon powder, sendust powder and so on. The inspection and testing services mainly include testing of metal products, steel structures, engineering raw materials and structural parts. The firm's business also includes metal products, mining, building materials and metallurgical equipment. The firm mainly conducts business in the domestic market.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 2 Aug 2006
- Employees
- 1,332
- Website
- ty-magnet.com ↗
Leadership
Pay as last reported
- Mr. Haibo MaoChairman of the Board, since 2017CN¥1.1m
- Ms. Jing TangChief Financial OfficerCN¥504,000
- Mr. Chao ZhangGeneral Counsel, Deputy General Manager, Secretary of the Board, since 2011CN¥569,200
- Mr. Gang WuGeneral Manager, Director, since 2017CN¥589,900
- Mr. Jin YuDeputy General ManagerCN¥594,500
- Mr. Xiaodong PeiChief Engineering
- Mr. Shaoguang HuaDirector
- Mr. Lei MoDirector
- Mr. Wujun ZhangDirector
- Ms. Li ZhuDirector
- Mr. Zhonggao LinIndependent DirectorCN¥35,000
- Mr. Xiansong LiuIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Sinosteel New Materials Co Ltd employs 1,332 full-time employees in Ma'anshan, Anhui.
- The company specializes in soft magnetic materials like manganese tetroxide and iron silicon powder.
- Sinosteel New Materials Co Ltd offers inspection and testing services for metal products and steel structures.
Weaknesses
- Sinosteel New Materials Co Ltd focuses solely on the domestic market in China.
- The company's business includes mining and building materials which may face market saturation.
- Sinosteel New Materials Co Ltd has been listed since 2006 without recent expansion.
Opportunities
- Sinosteel New Materials Co Ltd can expand into rare earth permanent magnet devices for global markets.
- The company can leverage its expertise in electronic components for international partnerships.
- Sinosteel New Materials Co Ltd can grow by developing new metal products for infrastructure projects.
Threats
- Sinosteel New Materials Co Ltd faces competition from domestic chemical manufacturers in China.
- The company's reliance on the domestic market exposes it to economic fluctuations in China.
- Sinosteel New Materials Co Ltd may encounter regulatory challenges in the Chinese Materials sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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