YINLONG TECHNOLOGY COMPANY LIMITED

YINLONG TECHNOLOGY COMPANY LIMITED (CÔNG TY TRÁCH NHIỆM HỮU HẠN KHOA HỌC KỸ THUẬT NGÂN LONG) is a foreign-invested enterprise based in Quang Ninh Province, Vietnam. Established on April 11, 2012, and operating under Business Registration Number 5701613691, the company has grown into a major manufacturer in the textile sector, focusing on spinning natural and artificial fibers. Its main facility is located in Hai Yen Industrial Park, Mong Cai City, and the company currently employs around 3,000 workers.

Registered as a one-member limited liability company with 100% foreign ownership from TVN (Hong Kong) Limited, YINLONG TECHNOLOGY COMPANY LIMITED has declared a charter capital of over USD 34.2 million and a paid-up capital reaching USD 34.38 million as of the end of 2023. Its legal registration is handled by the Department of Planning and Investment of Quang Ninh Province. The company is led by General Director Ms. ZHOU BO QIN, a Chinese national who oversees its strategic direction and daily operations.

Despite having achieved high growth in previous years, 2023 was marked by sharp financial downturns. The company’s total assets dropped to USD 185.72 million, reflecting a 25.94% decrease compared to the previous year. Sales revenue also fell by 28.27% to USD 282.83 million. Most alarmingly, the firm posted a significant loss of USD 45.43 million, a 386% deterioration from the previous year’s performance. The company’s equity plummeted to USD 41.02 million, representing a 69.47% year-over-year decline, and its working capital was recorded at negative USD 30.39 million, underscoring operational stress and potential liquidity issues.

The company's registered business lines span a wide range, including not only textile production but also wholesale and retail activities in machinery, clothing, and household goods. YINLONG TECHNOLOGY also engages in temporary employment services, electricity generation and distribution, and leasing of machinery and land use rights. This diverse business portfolio is designed to support vertical integration and stabilize revenue sources, although the current financial data suggest significant short-term challenges.

Given the steep financial decline and rising operational risk, YINLONG TECHNOLOGY COMPANY LIMITED stands as a critical case for in-depth Risk Management Services and Business Verification Services. For lenders, credit insurers, and suppliers concerned about financial exposure, obtaining a full Company Report and analyzing up-to-date Vietnam Financial Data is essential. VANGUARD BUSINESS INFORMATION LLC (VBI) offers specialized insight and data intelligence that can support informed decisions when engaging with high-risk, high-scale manufacturers such as YINLONG TECHNOLOGY COMPANY LIMITED.