Primary aluminium inventories extended decline by 50,000 mt on week

[SMM News Flash] According to reports, prototype samples of the new distributed electric drive rear subframe product at ChenZhi Lightweight's Ya'an base completed the first round of bundled delivery. The trial production of the new product took only from March 5, when the molds arrived at the plant, to March 10, when the first batch of products was delivered. Every process, from core making and casting to detection, was carried out manually. This verified the process stability of the fully manual production model in terms of both schedule and quality, and accumulated valuable experience for subsequent upgrading of the post-processing unit and large-scale production.

[SMM News Flash] According to reports, the Beijing Stock Exchange Listing Committee is scheduled to hold its 28th review meeting of 2026 on the morning of March 20 to examine whether Huzhou Anda Automotive Parts Co., Ltd.'s application for listing on the Beijing Stock Exchange meets the issuance conditions, listing requirements, and information disclosure standards. The pre-review prospectus submitted by Anda Co., Ltd. showed that the company planned to issue no more than 28 million new shares through this Beijing Stock Exchange listing and raise 280 million to invest in the "Intelligent Manufacturing Project for Key Lightweight Automotive Parts."

[SMM Newsflash] According to the announcement of Wuxi Yoshioka Precision Technology Co., Ltd., to implement the company’s international development strategy and accelerate its expansion into markets outside China, the company, together with its wholly owned subsidiary Yoshioka Seiki Co., Ltd., increased capital in its wholly owned subsidiary YOSHIOKA SEIKI (THAILAND) CO., LTD. to build a Thailand production site, with a view to developing the Southeast Asian market and responding to order demand from clients outside China.