Chaohu Yunhai Precision annual output of 2 million pieces of high-performance magnesium alloy building formwork project foundation laying ceremony held

Published: Oct 29, 2021 10:53

On October 26th, Chaohu Yunhai Light Metal Precision Manufacturing Co., Ltd. solemnly held the opening ceremony of the high-performance magnesium alloy building formwork project with an annual output of 2 million pieces. Wang Jin, deputy secretary of the Chaohu Municipal CPC Committee; Wang Qinglin, secretary of the party work committee and director of the management committee of Anhui Juchao Economic Development District; Wei Ming, deputy secretary of the party work committee and deputy director of the management committee of Anhui Juchao Economic Development District; Mei Xiaoming and Liu Xiaodao, chairman of Yunhai Metal Group; Yang Chunlin, general manager of Chaohu Yunhai magnesium Co., Ltd. Gao Bing, general manager of Yian Yunhai Technology Co., Ltd., and relevant responsible persons of project construction and supervision units attended the opening ceremony.

The opening ceremony was presided over by Pan Yi, general manager of Chaohu Yunhai Light Metal Precision Manufacturing Co., Ltd.

At the beginning, Wang Jin delivered a speech on the start of the project. he said that he would concentrate on development, overcome difficulties and create the future, and speed up the construction of magnesium-based new materials industrial base and large transportation lightweight industrial base around the high-performance light alloy industry. in order to deeply implement the spirit of the 12th Party Congress in Hefei, we have made solid progress in cultivating and strengthening new materials and new industrial clusters.

The start of the project marks another important step forward in the agglomeration of magnesium-based alloy new materials industry in Chaohu City.

Mei Xiaoming made a speech on the stage. First of all, he expressed his most sincere welcome to the leaders and guests who came to attend the opening ceremony, then introduced the future market prospect of magnesium alloy template and the investment scale of the project, and announced the formal start of the project.

Yunhai Metal Group has a total investment of 500 million yuan for the production and management of magnesium alloy building formwork in the future, with an annual production capacity of 2 million building formwork of about 2 million square meters. After the project reaches production, it will bring a new growth point for the follow-up demand and application of magnesium alloy.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Magnesium Prices Stagnate in May 2026 with Supply-Demand Balance and Cost Support as Core Drivers
Jun 3, 2026 18:18
Magnesium Prices Stagnate in May 2026 with Supply-Demand Balance and Cost Support as Core Drivers
Read More
Magnesium Prices Stagnate in May 2026 with Supply-Demand Balance and Cost Support as Core Drivers
Magnesium Prices Stagnate in May 2026 with Supply-Demand Balance and Cost Support as Core Drivers
[SMM Magnesium Market Analysis: Cost Support Struggles Against Weak Demand, Magnesium Market Consolidates at Lows in the Short Term, Upcoming Maintenance May Provide Periodic Price Support] In May 2026, magnesium prices moved sideways within a price range of 16,300-16,700 yuan/mt.
Jun 3, 2026 18:18
[SMM Analysis] Coal Cost Impact on Magnesium Prices: Regional Cost Gaps Narrowing
May 29, 2026 19:10
[SMM Analysis] Coal Cost Impact on Magnesium Prices: Regional Cost Gaps Narrowing
Read More
[SMM Analysis] Coal Cost Impact on Magnesium Prices: Regional Cost Gaps Narrowing
[SMM Analysis] Coal Cost Impact on Magnesium Prices: Regional Cost Gaps Narrowing
[SMM Magnesium Market Analysis: Coal Cost Transmission Imbalance, Weakened Integrated Cost Advantages, and Continued Convergence of Regional Magnesium Ingot Cost Gaps] Recently, energy cost fluctuations in the magnesium industry far exceeded ferrosilicon price fluctuations. The influence of coal prices on magnesium prices increased significantly, and the cost structure of magnesium ingots underwent a notable shift.
May 29, 2026 19:10
Ordos Electric Metallurgy Raises Semi-Coke Prices by Up to 60 Yuan/ton Due to Market Conditions
May 29, 2026 18:48
Ordos Electric Metallurgy Raises Semi-Coke Prices by Up to 60 Yuan/ton Due to Market Conditions
Read More
Ordos Electric Metallurgy Raises Semi-Coke Prices by Up to 60 Yuan/ton Due to Market Conditions
Ordos Electric Metallurgy Raises Semi-Coke Prices by Up to 60 Yuan/ton Due to Market Conditions
[SMM Magnesium News] On May 28, 2026, Ordos Electric Metallurgy Group issued a price adjustment notice. Affected by market conditions, starting from May 30 upon arrival at the factory, the price of semi-coke in Shenmu area will be increased: the ex-factory price including tax for medium-sized semi-coke will be increased by 50 yuan/ton, with the new price set at 810 yuan/ton; the ex-factory price including tax for small-sized semi-coke will be increased by 60 yuan/ton, with the new price set at 800 yuan/ton.
May 29, 2026 18:48