YOTAI REFRACTORIES CO.,LTD. (5357) Stock Price

Yotai's primary business is the manufacturing, sales, and engineering of refractory materials. The company consists of Yotai and its consolidated subsidiary Yingkou Yao Tai Import & Export Co., Ltd. It supplies essential base materials for high-temperature industries including steel, chemicals, cement, and glass. Since its founding, Yotai has established itself as a specialized refractory materials manufacturer.

Yotai's business is divided into two segments: "Refractory Materials" and "Engineering." The "Refractory Materials" segment manufactures and sells various refractory bricks and unshaped refractories for steel, non-ferrous metals, cement, glass, and other applications. These include basic bricks, high-alumina bricks, clay bricks, and silica bricks.

The "Engineering" segment provides design and construction services for industrial kilns and environmental equipment that use refractory materials. The company also undertakes maintenance work as needed. This approach enables Yotai to meet diverse customer requirements.

Yotai aims to enhance customer satisfaction and contribute to society by leveraging its long history and experience in refractory manufacturing technology to create innovative technologies and products. The company's fundamental policy is to increase both financial and non-financial value, and thereby continuously enhance corporate value, through maintaining profitability and advancing ESG management.

Yotai's medium-term management plan focuses on four key areas: expanding sales through improved product and service quality, strengthening low-cost and stable supply systems, cultivating new revenue streams, and building a management foundation through ESG initiatives. Through these efforts, the company aims to achieve sustainable growth even in an uncertain environment marked by maturing refractory markets and rapid technological development.

The company is addressing the challenge of capturing domestic and international demand through a strategic sales structure. Additionally, it is strengthening raw material inventory systems, expanding procurement sources beyond China, enhancing supply chain management, and advancing digital transformation and human capital investment. Through these initiatives, Yotai seeks to strengthen profitability, diversify revenue sources, and improve corporate value.