April.04,2025
◇ Changsha, China
March 8, 2025 — Yu Yang Magnetic Co., LTD., (YET), a globally renowned manufacturer of inductors and transformers, hosted a delegation from TeknoGlobal, a prominent Turkish technology enterprise, today. The two parties conducted in-depth negotiations on technology research and development as well as supply chain collaboration in the fields of new energy vehicles, photovoltaic energy storage, and smart home appliances, reaching multiple strategic cooperation agreements and injecting fresh impetus into the expansion of the "Belt and Road" market.
◇ Tailored Solutions Address Market Challenges
Led by Ahmet Demir, the Procurement Director of TeknoGlobal, the delegation visited YET fully automated production lines and EMC laboratories in Changsha. The "Ultra-thin Automotive Inductors" (thickness less than 3mm) and "150°C High-Temperature Resistant Photovoltaic Transformers" showcased on-site garnered significant attention from the Turkish side. Demir commented, "The Middle Eastern and European markets have stringent requirements for the high-temperature resistance and aging resistance of components. The tested data of YET' products far exceeds industry standards, perfectly aligning with our needs."
For the Turkish market, YET has pledged to offer locally adapted solutions, encompassing the development of energy storage transformers compliant with local grid standards, modular "inductor + cooling" designs for smart home appliance clients, accompanied by services such as 48-hour rapid prototyping and local certification support, aiding clients in reducing their product launch cycle by 30%.
◇ Market Synergy: Renewable Energy Sector Fuels Growth
With Turkey's photovoltaic installed capacity increasing by 34% annually (official data from 2023), the demand for high-stability magnetic components has soared. Leveraging a 48% order growth rate along the "Belt and Road" route, YET is accelerating its market expansion in Central and Eastern Europe. Mr.Carl, the General Manager, disclosed, "We aim to expand into neighboring markets through Turkey within three years, targeting regional revenues exceeding USD 200 million." Currently, the company's overseas business comprises 45% of its total, with the combined annual production capacity of its Changsha and Shaoyang bases exceeding 1 billion units, providing a robust foundation for global supply.
◇ Green Innovation: Deepening Cooperation on Sustainable Strategies
Both parties have reached groundbreaking cooperation agreements in the realm of environmental protection. YET' exhibited "Magnetic Core Material Recycling Technology" and full-process carbon footprint monitoring system are highly compatible with TeknoGlobal's carbon neutrality aspirations. The technical teams have jointly developed a detachable transformer structure, enhancing product recovery and utilization rates to over 90%. This technology is anticipated to enter mass production in 2024.
◇ About YET
Founded in 2019 and headquartered in Changsha, YET boasts a technical team with 21 years of expertise in inductor and transformer research and manufacturing. Its product portfolio encompasses seven major series, including power inductors and high-frequency transformers, serving numerous leading enterprises worldwide. Renowned for its "high precision and high reliability," the company's products are widely utilized in new energy vehicles, 5G communications, and industrial power supplies.
◇ Outlook
This visit marks a pivotal step in YET' localization strategy in the Central and Eastern European market. With the in-depth integration of technology and supply chain resources between the two parties, the synergistic effect between Chinese intelligent manufacturing and the Turkish renewable energy market is poised to continue to unfold.
