Yuhong Group supplies Inconel® alloys C-276, HX, 22, 600, 601, 625 & 718 in the form of Plate, Sheet, Bar, Wire, Pipe, Tubing, Pipe Fittings, Flanges and Electrode.
The registered trademark name, Inconel, is applied as the prefix name to more than twenty different highly corrosion resistant high temperature strength metal alloys produced by Special Metals Corporation. These Inconel alloys or superalloys are nickel-based alloys that exhibit traits such as high resistance to corrosion, oxidation, carburization, pitting, crevice, corrosion cracking, and high temperature strength. Often, Inconel is referred to as [Inco".
Alloys of identical chemical and mechanical properties are available from other manufacturers and offer excellent alternativesto the various Inconel® brand alloys.
The corrosion-resistant superalloys are widely used in extreme environments where tremendous heat and corrosion resistance is paramount to the integrity of the end product. Chemical processing, nuclear, petrochemical, aerospace and marine industries widely use these superalloys.
What are the Characteristics of Inconel ?
Good resistance to acids, such as sulfuric, phosphoric, nitric, and hydrochloric
In what Applications are Inconel alloys used ?
Chemical and petrochemical processing Inconel Fitting,Inconel Pipe Fitting,Inconel 625 Pipe Fitting YUHONG GROUP CO.,LIMITED , https://www.jessro-pipefittings.com
Stock code: 002282 Securities abbreviation: Boshen tool announcement number: 2015-036
Summary of 2015 Semi-annual Report of Boshen Tools Co., Ltd.
The summary of this semi-annual report comes from the full text of the semi-annual report. Investors should read the full text of the semi-annual report published on the website of the China Securities Regulatory Commission, such as the website of Juchao Information Network or Shenzhen Stock Exchange. 
2. Major financial data and shareholder changes
(1) Main financial data
Whether the company retroactively adjusts or restates previous accounting data due to changes in accounting policies and correction of accounting errors
â–¡Yes, no 
(3) Top 10 preferred stockholders' shareholdings
□ Applicable √ Not applicable The company has no preference shareholders holding shares during the reporting period.
(4) Change of controlling shareholder or actual controller The controlling shareholder changes during the reporting period □ Applicable √ Not applicable The company has not changed its controlling shareholder during the reporting period.
Actual controller's change during the reporting period □ Applicable √ Not applicable The company's actual controller has not changed during the reporting period.
3. Management discussion and analysis
During the reporting period, the domestic economic growth slowed down significantly, the US economy was basically stable, and the European economic recovery was weak. The external business situation faced by the company was severe and the industry competition was more intense. From January to June 2015, the company realized operating income of RMB 243,396,400, a decrease of 11.95% from 277,568,100 yuan in the same period of the previous year; the net profit attributable to shareholders of listed companies was RMB 15,577,700, down from RMB 18,742,700 in the same period of the previous year. 15.86%.
During the reporting period, the company completed the relocation of major production and office facilities according to the plant optimization and integration plan determined by the board of directors. Some of the spare production and office areas began to be rented out. Some tenants have settled smoothly. In the second half of the year, this work will continue to be strengthened to increase the rental rate and increase the utilization rate of the plant resources. At the same time, speed up the construction, renovation and maintenance of the workshop and the environmental remediation of the plant, and create a good foundation for the launch of new projects such as high-speed train brake pads.
The company's key high-speed train brake pad project has made certain progress. The brake friction and wear performance test of the company's 300-350km/h EMU non-swallow-tail powder metallurgy brakes has been completed, and the ideal test results have been achieved. The China Railway Product Certification Center submitted an application for product trial certification. In the second half of the year, the company will speed up the work and create conditions for the scale production and sales of the product.
In accordance with strategic planning and business development needs, the company increased its capital of US$2 million to its wholly-owned subsidiary, American Pioneer Tools Co., Ltd., and plans to set up a high-end diamond tool R&D and manufacturing center in Korea through Pioneer Tools to utilize Korean talents and technologies in the diamond tool industry. With the advantages of resources, the company's high-end professional product research and development capabilities will be rapidly improved, and the company's competitiveness in the high-end professional diamond tool market in Europe and America will be enhanced. The matter is currently progressing in an orderly manner.
During the reporting period, the Board of Directors continued to improve corporate governance. The company's "Articles of Association" was revised. The company formulated the "Foreign Hedging Business Management System" according to the needs of conducting international trade business, effectively preventing and reducing the risk of exchange rate fluctuations. According to the operation needs of the factory's external leasing, the company's legal business scope was revised and improved.
During the reporting period, all directors of the company strictly performed their duties in strict accordance with relevant laws and regulations, and participated in board meetings and general meetings on time, carefully reviewed various proposals, and made independent, objective and impartial judgments based on their professional knowledge and capabilities. The interests of the company and all shareholders have been effectively safeguarded.
In the second half of 2015, the company will continue to strengthen basic management, promote cost reduction and efficiency increase, expand sales, reduce expenses, etc., actively respond to unfavorable market conditions, enhance the profitability of the main business; actively cultivate new business and accelerate high-speed trains. The industrialization process of brake pads. In the first half of the year, product testing and project preparation have made significant progress, improve the organization and staffing of project implementation, speed up product on-board testing, product certification, etc., to create new profit growth points for the company; use capital market, extensive Cooperation. Strengthen the ability to use the capital market, strengthen product management, do a good job in capital management, change business ideas, find the target enterprises that are in line with the company's development strategy, actively carry out M&A cooperation, and use the capital market to promote the rapid development of enterprises.
4. Matters related to financial reporting
(1) Explanation of changes in accounting policies, accounting estimates and accounting methods compared with the previous year's financial report □ Applicable √ Not applicable The company has no changes in accounting policies, accounting estimates and accounting methods during the reporting period.
(2) Explanation of major accounting errors that need to be retrospectively restated during the reporting period □ Applicable √ Not applicable The company has no significant accounting errors during the reporting period and needs to be retrospectively re-stated.
(3) Description of the changes in the scope of the consolidated statements compared with the financial statements of the previous year □ Applicable √ Not applicable The company has no changes in the scope of the consolidated statements during the reporting period.
(4) Explanation of the Board of Directors and the Board of Supervisors on the “non-standard audit report†of the accounting firm for the reporting period □ Applicable √ Not applicable
Boshen Tools Co., Ltd
INCONEL®
Almost completely free from chloride induced stress corrosion cracking
Excellent mechanical properties at both extremely low and extremely high temperatures
Outstanding resistance to pitting, crevice corrosion and intercrystalline corrosion
High resistance to oxidation at elevated temperatures
Components where exposure to high mechanical stress and sea water are required
Flare stacks on offshore oil platforms
Gas turbines, rocket motors/engines, and space craft
Pollution control equipment
Nuclear reactors
Boshen Tools: Summary of 2015 Semi-annual Report
Abstract Boshen Tools Co., Ltd. 2015 Semi-annual Report Summary Securities Code: 002282 Securities Abbreviation: Boshen Tools Announcement No.: 2015-036 Boshen Tools Co., Ltd. 2015 Semi-annual Report Summary 1. Important Tips ...
Summary of 2015 Semi-annual Report of Boshen Tools Co., Ltd.
1, important tips Chairman: Chen Huairong