Sinosteel Luonai Materials Technology Co., Ltd.

Based in Luoyang, China, and established in 2006, Sinosteel Luonai Materials Technology Co. , Ltd. is a new material company whose business scope includes R&D, production, sales and service of refractory materials. The company previous named Luoyang Refractory Factory of the Ministry of Metallurgical Industry.

The company is a state-owned enterprise. The company's subsidiary Sinosteel Group Luoyang Refractory Research Institute Co. , Ltd. was established in 1963.

The company has 1,500 technicians, including 15 doctoral students, and 124 master's students. The company has R&D platforms such as the National Key Laboratory of Advanced Refractory Materials, Joint Construction Laboratory of Refractory Materials, and the National Engineering Research Center of Refractory Materials. Moreover, the company's annual output is more than 200,000 tons and is exported to more than 40 countries. In June 2022, the company was listed on the Shanghai Stock Exchange under the number 688119.

The company provides refractory products. The main products include nine series, more than 200 varieties of refractories products, such as s silicon products, silicon carbide products, oxide products, alkaline products, aluminum series products, metallurgical functional products, high-temperature kiln appliances, amorphous products, and high-temperature instruments. Those products can be used in the fields of are widely applied to steel, non-ferrous metals, petroleum and coal chemical industry, ceramics, cement, glass, electricity and environmental protection, and other high-temperature fields. The company will use the IPO funding to operate the refractories material projects with an annual output of 90,000 tons, the silicon carbide projects with an annual output of 10,000 tons, and metal composite refractories projects with an annual output of 10,000 tons, and to R&D new materials R&D centers.