It is a downstream industrial chain company of Lianyungang Yaxin Iron and Steel Co., Ltd., which was established in 2018 and is located at No. 8 Industrial Avenue, Jiangsu Guanhe Peninsula, Guannan County, Lianyungang City. The company has a total investment of 2 billion yuan and covers an area of more than 800 mu. The company is mainly engaged in the production and sales of metal products such as fine wires and fasteners. It is a high-tech manufacturing industry integrating R&D, production, sales, manufacturing and logistics. The company is committed to building an international standard parts industrial park. The planning park covers an area of 1,300 mu, of which the first phase covers an area of about 800 mu. A standardized workshop of about 200,000 square meters has been built, and the project has been put into operation. The second phase covers an area of about 500 mu, mainly introduces the production, processing and sales of standard parts, hardware accessories, high-precision fasteners, etc. The project is stationed. The company introduces Taiwan's advanced fastener production equipment and technology, and builds a project production line with an annual output of 360,000 tons, mainly for safety, energy-saving and environmental protection, fine lines and high-end fasteners, which is in line with the national industrial policy orientation.

The extension park mainly produces high-strength, high-precision fasteners, fine wire, PC steel rods, welding mesh, high-ductility cold-rolled ribbed steel bars of level 8.8 and above. The products involve metallurgy, construction, chemical industry, home decoration, electrical appliances, automobile manufacturing and other fields.