Yunlu Advanced Materials Technology

What Yunlu Advanced Materials Technology does

Yunlu Advanced Materials Technology (青岛云路先进材料技术股份有限公司; SSE STAR Market: 688190.SH) is a Chinese state-controlled manufacturer of advanced soft magnetic metallic materials, headquartered in Jimo District, Qingdao, with a research subsidiary in Shenzhen. Founded in December 2015 as a spin-out from the China Aero Engine Group ecosystem, the company operates three integrated material platforms — amorphous alloy strips and cores, nanocrystalline ultra-thin strips and cores, and magnetic alloy powders and powder cores — supported by proprietary crystallizer, spray nozzle, and composite core technologies, and over 147 patents. It is the second company in China and the third globally to master amorphous strip production, and the world's first to achieve large-scale production of amorphous magnetic powder cores, with approximately 50,000 tons/year of installed capacity and the #1 global market share in amorphous alloy materials.

The company's go-to-market is enterprise-direct, selling materials and finished cores to transformer manufacturers, power utilities (e.g., Huaneng Group, Egypt Electricity Holding Company), and Tier-1 industrial OEMs (Bosch, Valeo, ABB, Siemens, VAC) across power grid, new energy/EV, consumer electronics, data center, rail transit, and construction segments. Revenue is generated primarily through one-time sales of materials and finished products, with a secondary professional services stream providing technology licensing, training, and localized production-line setup for international partners in Canada, Thailand, Mexico, India, and Latin America. Demand generation is anchored by international industry exhibitions (CWIEME Berlin, PCIM Europe, Transformer Magazine Global Summit), regional technical seminars in Dubai and Bogotá, and deep research collaborations with Tsinghua University.

Yunlu IPO'd on the Shanghai STAR Market in November 2021, is rated 'A' (highest) by the Shanghai Stock Exchange for information disclosure, and has scaled a global footprint covering Asia, Europe, the Middle East, Latin America, and North America. The company positions its materials as a regulatory-enabling solution for tightening energy-efficiency standards (e.g., GB20052-2024 for transformers, data center project specifications), with claimed lifecycle outcomes including 60–80% no-load loss reduction vs. silicon steel and ~358 tons of CO₂ savings per 2500kVA amorphous transformer over its operating life.

Name

Yunlu Advanced Materials Technology

Legal name

青岛云路先进材料技术股份有限公司

Website

https://yunlu-amt.com.cn

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

251–500 employees

Short description

Yunlu Advanced Materials Technology is a Chinese state-controlled manufacturer of amorphous alloy strips, nanocrystalline strips, and magnetic powder cores, supplying #1-share amorphous materials globally to transformer makers, power utilities, and EV/renewable energy OEMs.

Ownership category

akta.pro rank

Product category

Advanced Soft Magnetic Materials

NAICS

Spring and Wire Product Manufacturing (33261), All Other Fabricated Metal Product Manufacturing (33299)

SIC

Electronic Coils, Transformers & Other Inductors (3677), Electronic Components, Nec (3679)

akta.pro primary industry

Transformers & Magnetics (Power/Signal) (HDAHANAD)

akta.pro secondary industry

Renewable Manufacturing Materials & Subcomponents (Glass, EVA/Backsheet, Composites, Magnets) (EUAMAHAL)

Keywords

• Amorphous alloy materials
• Soft magnetic materials
• Nanocrystalline alloy strips
• Amorphous transformer cores
• Magnetic powder cores

Headquarters

HQ city

Qingdao Shi

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Amorphous Alloy Materials and Products: Sale of advanced soft magnetic materials including amorphous alloy strips, amorphous cores, nanocrystalline strips and cores, and magnetic alloy powders. The company is the world's leading supplier of amorphous materials, with the highest global market share. Products are sold directly to transformer manufacturers, power utilities, and industrial customers worldwide.
2. Technology Licensing and Training: The company provides technology transfer, training, and localized process solutions to international partners (e.g., Canada, Thailand, Mexico) to help them establish amorphous core production lines, generating技术服务 and training revenue.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Yunlu Advanced Materials Technology manufactures advanced soft magnetic metallic materials, principally amorphous alloy strips, nanocrystalline ultra-thin strips and cores, and magnetic alloy powders and powder cores. The company also produces finished amorphous iron cores and provides technology transfer, training, and localized production-line setup services to international partners. Its materials are primarily sold to transformer manufacturers, power utilities, renewable energy and EV power-electronics producers, and consumer-electronics OEMs worldwide.

Product overview

Yunlu Advanced Materials Technology operates as a comprehensive advanced magnetic metal materials provider with three main material series (amorphous alloy, nanocrystalline alloy, and magnetic alloy powder) and their product series. The company offers integrated solutions from material R&D to finished products, serving global markets in electrical power, renewable energy, data centers, rail transit, construction, and industrial applications. As the world's leading amorphous alloy material supplier with #1 global market share, the company provides not only materials but also finished products like amorphous cores and participates in international technology transfer and training programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Amorphous Alloy Strip (非晶合金薄带) A new soft magnetic alloy strip produced via rapid solidification (ultra-thin ~22 micrometers), featuring high magnetic permeability and low loss. Used by transformer manufacturers, power-electronics makers, aerospace, and communications equipment producers.
• Amorphous Iron Core (非晶铁芯) High-permeability, low-loss soft magnetic iron cores for transformer manufacturing, reducing no-load loss by 70-80% versus traditional silicon-steel transformers. Sold to transformer OEMs and power-equipment manufacturers.
• Nanocrystalline Ultra-Thin Strip and Magnetic Core (纳米晶超薄带及磁芯) Advanced nanocrystalline strips and magnetic cores offering superior magnetic properties for high-frequency applications in power electronics, inverters, EV charging, and electronic components.
• Magnetic Alloy Powder and Powder Core (磁合金粉末及磁粉芯) Magnetic alloy powders and finished powder cores with high magnetic flux density, excellent frequency stability, superior DC bias performance, and extremely low eddy current loss. Applied in renewable energy, home appliances, and PV inverters.
• Amorphous Iron Core Production Line Technology Solutions (非晶铁芯生产线技术解决方案) Technology transfer, training, and localized production-line setup services for international partners (e.g., Canada, Thailand, Mexico), including process optimization, workflow establishment, and on-site engineering support.

Quantifiable outcome

• Amorphous alloy transformers reduce no-load loss by 60-80% compared to silicon steel transformers, reducing transformer operating carbon emissions significantly
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered core, minor and moderate.

• Tsinghua University (Physics Department)coreStrategic or Co-development Partner · 10 April 2024Tsinghua University Physics Department and Yunlu jointly launched the 'High-End Magnetic Materials and Equipment R&D' project in April 2024. The project aims to inject new vitality into basic research and industrialization development of new materials. The collaboration also includes the 'Tsinghua Friend — Yunlu Physics Scholarship' program (established 2023), supporting postdoctoral researchers and outstanding students. Two cohorts of 20 students each have received this scholarship, with a total of 40 recipients. The collaboration was formally launched at a ceremony attended by Tsinghua Physics Department Director Academician Duan Wenhui.
• Tsinghua University (Electrical Engineering Department)coreStrategic or Co-development Partner · 16 August 2022Established the 'Advanced Magnetic Materials and Efficient Energy Conversion Joint Research Center' with Tsinghua University Electrical Engineering Department. The center focuses on joint research in amorphous material applications in motors and efficient energy conversion technologies. Attended by senior officials from China Aero Engine Group, the partnership represents a major academic-industry collaboration for Yunlu's technology development.
• Zhongyuan Electric Laboratory (中原电气实验室)coreStrategic or Co-development PartnerYunlu's amorphous alloy materials and new energy amorphous transformers were accepted into Zhongyuan Electric Laboratory, a national key laboratory. The laboratory is jointly built by 18+ institutions including Henan Academy of Sciences, XJ Electric, State Grid Henan, Tsinghua University, and Chinese Academy of Sciences. The collaboration focuses on research in advanced protection control technology, electrical equipment, future energy, and frontier electrical materials.
• Huaneng Group / Huaneng Shaanxi CompanycoreStrategic or Co-development PartnerYunlu collaborated with Huaneng Shaanxi Company, Xi'an Thermal Power Research Institute, and Shanghai Zhixin Electric on China's first 4.5MW class 35kV amorphous alloy aluminum winding box transformer. The project successfully operated in September 2024 at the Huaneng Mengjiawan Phase II solar project. Yunlu provided amorphous strip materials and technical support for this major technology breakthrough.
• CNAS (China National Accreditation Service for Conformity Assessment)minorOthersYunlu's Testing and Evaluation Center obtained CNAS accreditation in November 2024, confirming its laboratory capabilities meet international standards across 22 testing items and 30+ national and international standards.
• East China Architectural Design Institute (华东建筑设计院)moderateStrategic or Co-development PartnerYunlu's products are exhibited in the East China Architectural Design Institute's Green Low-Carbon Products & Technology Exhibition Hall, marking a significant step in Yunlu's green low-carbon presence in the construction sector. The partnership facilitates adoption of Yunlu's energy-saving amorphous transformers in building projects.
• National Amorphous Energy-Saving Materials Industry Technology Innovation Strategic Alliance (非晶联盟)moderateStrategic or Co-development PartnerYunlu is an active member of the National Amorphous Energy-Saving Materials Industry Technology Innovation Strategic Alliance (非晶联盟). The company co-organized the 2023 'High-Quality Development Forum for Amorphous Nano-crystalline Industry' and the 10th Amorphous Materials Industry Development Seminar in Foshan, Guangdong. Executive Vice General Manager Pang Jing serves as Deputy Secretary-General of the alliance.
• International Green Economy Association (IGEA)minorStrategic or Co-development PartnerYunlu co-hosted the first editorial meeting for the IGEA's 'Dual-Carbon Smart Park Planning and Electrical Design Guidelines — Implementation Guide' in Qingdao in April 2024. The company hosted 20+ technical experts from national editorial committee units, showcasing its green low-carbon solutions for smart parks.
• Jimo District Political and Legal Committee / Jimo District People's CourtminorOthersJimo District Political and Legal Committee and Jimo District People's Court established the 'Yunlu Stock — Jimo Law Station' at Yunlu's premises in July 2023, providing legal services including contract review, IP protection, and legal risk prevention for the company.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Regional players

• MAGNETICS Inc. US-based manufacturer of soft magnetic cores, powder cores, and ferrite materials for power conversion and EMI applications. Comparable to Yunlu's magnetic powder core product line, primarily serving North American and European markets.

Emerging players

• Foshan Huaxin Micropowder (佛山华新微粉): Chinese emerging player in nanocrystalline and amorphous magnetic powder materials, serving similar power electronics and transformer applications. Comparable emerging competitor within China focused on the powder core segment where Yunlu holds dominant share.
• DMEGC (东睦股份): Chinese manufacturer of soft magnetic composite (SMC) materials, powder metallurgy parts, and metal injection molded components. Comparable to Yunlu in soft magnetic applications but focused on powder metallurgy rather than amorphous strip technology.

Broad incumbents

• Toshiba Materials (division of Toshiba): Manufactures amorphous and nanocrystalline soft magnetic materials as part of a broader electronic materials and components portfolio serving power, automotive, and industrial markets. Comparable to Yunlu's material products within a much larger conglomerate footprint.
• TDK Corporation: Global electronics giant with significant soft magnetic materials, ferrite cores, and power electronics components businesses. Overlaps with Yunlu in nanocrystalline and ferrite materials for consumer electronics, EV, and industrial power applications.
• Kobe Steel (Kobelco) - Magnet Division: Japanese steel and materials conglomerate with amorphous and nanocrystalline soft magnetic material offerings. Comparable to Yunlu in core amorphous strip technology, with broader reach in specialty steel and titanium products.

Direct peers

• Advanced Technology & Materials Co. (AT&M, 安泰科技): Chinese state-backed manufacturer of amorphous and nanocrystalline soft magnetic materials, metal-based functional materials, and rare earth permanent magnets. One of Yunlu's principal Chinese competitors in the iron-based amorphous strip market, with overlapping end-customer base in transformer manufacturing.
• Anhui Antai Technology (安泰科技 / Antai shareholders): Joint development partner with Yunlu on the 2021 Metallurgical Science and Technology Award-winning 'Wide-Format Ultra-Thin Iron-Based Nanocrystalline Strip' project. Directly comparable nanocrystalline strip manufacturer with overlapping R&D and customer relationships in China.
• VACUUMSCHMELZE (VAC): German specialist in soft magnetic materials including nanocrystalline VITROPERM strips and amorphous cores for transformers, power electronics, and EV applications. Comparable to Yunlu in product portfolio and target end-markets, particularly high-frequency power conversion.
• Proterial (formerly Hitachi Metals): Proterial is the historical global leader in amorphous and nanocrystalline soft magnetic materials, with Metglas amorphous alloy strip as the industry benchmark. Directly comparable to Yunlu in core product (amorphous strip), customer base (transformer OEMs), and high-end applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yunlu Advanced Materials Technology