Zongshen Power (001696.SZ) stated on the investor interactive platform on December 8th that the company's high-end components project for new energy vehicles is a highly automated, intelligent, and digitized casting new factory planned and constructed by the company based on the demand for high-end components for automobiles, new energy, aviation power, and internal engines and aircraft within the group. Currently, the new equipment for this project is in the stage of installation and adjustment, and the old equipment is also being gradually relocated to the new factory area. The entire project is steadily progressing, and it is expected that the production capacity of aluminum alloy die-casting parts will reach 20,000 tons by 2024. According to the company's plan, the production capacity of aluminum alloy die-casting parts can reach 50,000 tons at full capacity, and the production capacity of high-end components for automobiles can reach 20 million pieces.
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