Yunhai Metal plans to put into construction with an annual output of 150000 tons of lightweight aluminum extruded profiles and supporting projects.

Yunhai Metal announced on the evening of the 16th that the company has an annual output of 150000 tons of lightweight aluminum extruded profiles and supporting projects and the establishment of Anhui Yunhai Aluminum Co., Ltd.

The announcement said that in recent years, automobile lightweight has become a major trend in the development of the global automobile industry chain. According to the New Energy vehicle Industry Development Plan (2021-2035) issued by the General Office of the State Council in November 2020, after 15 years of continuous efforts, China's new energy vehicle core technology has reached the international advanced level, quality brands have strong international competitiveness, and pure electric vehicles have become the mainstream of new sales vehicles. Cars in the public domain are fully electrified. Due to the large inherent weight of batteries, new energy vehicles urgently need to reduce energy consumption and extend mileage through lightweight body, which creates new market opportunities for high-quality aluminum extruded materials with excellent light weight, safety and comprehensive performance.

Therefore, the company plans to build an annual output of 150000 tons of lightweight aluminum extruded profiles and supporting projects in Chaohu, Anhui Province. In order to implement the project, the company plans to set up Anhui Yunhai Aluminum Co., Ltd. in Chaohu, Anhui Province (tentatively named, subject to the approval of the department for industry and commerce, hereinafter referred to as "New Company").

At the same time, Yunhai Metal said in a separate announcement that its subsidiary Chaohu Yunhai Light Metal Precision Manufacturing Co., Ltd. plans to invest in the construction of 2 million building formwork projects in Chaohu City, Anhui Province.

According to the data, Yunhai Metal Corporation is mainly engaged in the production and sales of magnesium and magnesium alloy products, strontium and other alkaline earth metals and alloys and aluminum alloys; the production and sales of magnesium and aluminum products; the recycling of aluminum and magnesium waste; the manufacture and sales of the above products, equipment and accessories. As a global leader in the field of light metal materials, Yunhai Metal has complete product R & D and manufacturing capabilities, and leads the world in the market share of major products such as magnesium, aluminum and strontium.