Dongxing City Partners with Jiangsu Wotu for E-Bike and Electric Motorcycle Production Facility

It was recently learned from the Hejin Municipal Bureau of Industry, Information Technology and Science that the Shanxi Provincial Department of Science and Technology has officially approved the establishment of the Shanxi Provincial Laboratory for New Energy Metal Materials, a joint project between Chalco Shanxi New Materials Co., Ltd., three key universities, and two leading magnesium enterprises. This collaboration aims to accelerate the transformation of Shanxi's aluminum and magnesium industry towards the high-end new energy sector. The Shanxi Provincial Laboratory for New Energy Metal Materials is the highest-level innovation platform in the province, focusing on the development needs of new energy vehicles and lightweight energy storage. It will focus on four core research directions: low-carbon smelting, high-performance alloys, precision forming, and solid waste recycling, addressing industry technical pain points and building a complete aluminum-magnesium R&D system. Leveraging the province's most complete aluminum industry chain resources, Chalco Shanxi New Materials will fully utilize its pilot-scale production advantages, collaborating with universities and leading enterprises to focus on tackling "bottleneck" technologies in areas such as battery substrates and lightweight alloys. This will significantly shorten the research and development cycle and achieve integrated development of basic research, technological breakthroughs, and industrial application.

On August 18, Dongyangguang disclosed its 2026 semi-annual report. In the first half of 2026, the company achieved total operating revenue of 9.376 billion yuan, a year-on-year increase of 31.61%; net profit attributable to the parent company was 389 million yuan, a year-on-year decrease of 36.46%. In the first half of the year, the company's AI business segment achieved a key leap from strategic incubation to independent revenue contribution. The AI ​​business achieved operating revenue of 289 million yuan, a year-on-year increase of 1144.22%, with a gross profit margin of 45.39%, demonstrating significant commercialization results.