Tianyi New Materials has remained focused on its annual business objectives. In May, the shipment volume of its PE pipes reached 368,000 meters, representing a 41.74% year-on-year increase (compared with the same period last year) and a 50.4% month-on-month growth (vs. April). This marks a new high in shipment volume for 2023 to date.
Meanwhile, the first-pass yield (FPY) climbed by 3.41% month-on-month from April. The dual growth in shipment volume and first-pass yield has not only effectively alleviated the pressure of high inventory and storage constraints but also enhanced production capacity and optimized resource coordination efficiency. This lays a solid foundation for the early achievement of the company’s "zero inventory" goal.
Tianyi new material offers products such as PE pipes and PVCO pipes,adhering to stringent execution standards and maintaining exceptional quality requirements.
