Wanfeng Aowei: the company's magnesium alloy products mainly serve the world's well-known automobile mainframe factories and some customers in aerospace, transportation, 5G and other industries.

Some investors asked questions on the interactive platform, has the company cooperated with new energy vehicle companies to develop new large-scale thin-walled parts projects? Does magnesium Redding have a production base in China? Or do you need to produce and import in North America?

Wanfeng Aowei: the company's magnesium alloy products mainly serve the world's well-known automotive mainframe factories and some customers in aerospace, transportation, 5G and other industries, and has magnesium alloy material production bases in Weihai, Shanghai and Xinchang. The company actively promotes the strategic cooperation with T3 (FAW, Dongfeng, Changan) mainframe factory to undertake the design, manufacture and service of large magnesium alloy castings, involving nearly ten complete vehicle models; at the same time, we continue to strengthen cooperation with the source of R & D of automotive components in mid-and high-end new energy mainframe factories, and large-scale thin-walled parts projects such as dashboard brackets have been mass produced and supplied in domestic bases.