China's Secondary Aluminum Alloy Ingots Inventory Down Slightly to 31,300 mt WoW

[SMM Express] According to reports, the Anhui Hanshan Haili Green Casting Advanced Capacity Project is being accelerated. The project covers a total land area of 79,000 m², with a building area of approximately 49,000 m². Plant No. 1 was completed in February and entered trial production. The main structure of Plant No. 2 is expected to be completed by month-end of May, with equipment installation set to begin in August. Upon completion, the project plans to add 1 cast iron line, 3 aluminum die-casting lines, and 1 compressor recycling and disassembly line to further expand capacity.

[SMM Express] Tuopu Group's subsidiary, Guangzhou Tuopu Auto Parts Co., Ltd., was established, with a business scope covering R&D and manufacturing of auto parts and accessories, remanufacturing of auto parts, and wholesale of auto parts and accessories. Equity penetration showed that the company is 100% wholly owned by Tuopu Group.

[SMM Express] According to reports, on May 18, Ningbo Haiwei Auto Parts Co., Ltd. held a groundbreaking ceremony for its Fujian Wuping NEV lightweight product manufacturing project. The project is a key new energy industry project introduced by Wuping County, Fujian, with a planned land area of 146 mu, including 50 mu for Phase I and 96 mu for Phase II. It is expected to build a modern industrial park integrating R&D, production, and supporting facilities. Upon completion and commissioning, the project is expected to form an annual capacity of 330,000 NEV auto body and chassis lightweight core parts.