Lufei Magnesium Industry invites you to join the 2025 Magnesium Industry Chain and Magnesium Market Forum.

Published: Mar 31, 2025 15:28
Currently, the price of magnesium metal has continued to pull back and is significantly lower than that of aluminum, making its cost-performance advantage reappear and its functional value prominent. The innovative development achievements of magnesium and magnesium alloys are increasingly growing, and innovative application cases of magnesium alloys are constantly emerging, ushering in new opportunities for expanded applications, especially in areas such as lightweight transportation, intelligent manufacturing, green construction, electronic telecommunications, solid-state ESS, and medical health. As a lightweight structural and functional material, magnesium metal will play an important role in promoting green, low-carbon, and high-quality development, demonstrating greater potential. At this critical moment and important period, the 2025 Magnesium Industry Chain and Magnesium Market Forum will continue to be held. We will continue to leverage the platform's advantages, summarize the experience of previous events, enhance the promotion of this event, increase the participation of related industry chain enterprises, and strive to achieve greater results. SMM and Shang Magnesium Network cordially invite you to participate in the 2025 Magnesium Industry Chain and Magnesium Market Forum, which will be held from March 31 to April 2, 2025. Lufei Magnesium Technology (Anhui) Co., Ltd. will attend this conference in full force. We will keep pace with the times, aim for our goals, work hard, and move forward courageously! Click the registration form to sign up immediately, and we look forward to meeting you at the conference. Lufei Magnesium Technology (Anhui) Co., Ltd. provides one-stop magnesium alloy die-casting solutions. The company's annual production of 8 million magnesium and aluminum alloy vehicle parts project focuses on three major areas: raw materials, production, and innovation. Leveraging advanced technology and stable capacity advantages, it is based in the Yangtze River Delta "3-hour" metropolitan area, integrated into the land, water, air, and rail transportation network, and is committed to building a 10-million-level magnesium alloy deep processing and innovation base in the Jiangnan Emerging Industry Concentration Zone. Introduction to Outstanding Figures: Xiongguang Hu: Pioneer in the Magnesium Alloy Industry. Xiongguang Hu, born in 1965, is a leading figure in China's magnesium alloy industry. His entrepreneurial journey began at the age of 17, accumulating practical experience by traveling through villages to manually cast copper pots. Three years later, he mastered the craft, contracted a township casting workshop, and became one of the first 10,000-yuan households after the reform and opening up, demonstrating extraordinary business acumen. In 1993, he founded a private factory focusing on aluminum alloy smelting and casting. Two years later, he successfully replicated the aluminum alloy wheel hub of the Japanese Suzuki motorcycle, filling a domestic technological gap and supporting the domestic Yangtze River motorcycle, rapidly propelling his career. In 2004, Xiongguang Hu entered the magnesium alloy field. Despite market fluctuations and technological bottlenecks, he persisted in innovation and eventually pioneered the domestic magnesium alloy EV wheel hub market in 2008, establishing a leading position in the industry. In 2016, he founded Zhejiang Lufei Magnesium Co., Ltd., developing shared bicycle magnesium alloy wheel hubs, further consolidating the industry's advantages. In 2023, responding to industry development trends, he established Lufei Magnesium Technology Co., Ltd. in Qingyang, Anhui. From a family workshop to a team of 150 people, Xiongguang Hu has always adhered to the principles of honest business and innovation-driven development, promoting the development of China's magnesium alloy industry with an indomitable spirit, demonstrating exceptional business wisdom and unlimited potential. Investment and Equipment: The total project investment is 200 million yuan, with a practical factory area of 50,000 m², purchasing about 340 sets of production equipment, including magnesium alloy melting furnaces, die-casting machines, hydraulic presses, CNC machining centers, lathes, multi-hole drilling machines, anti-corrosion treatment gantry production lines, powder coating lines, and final inspection and packaging lines. Current annual sales have exceeded 80 million yuan, with plans to surpass 150 million yuan in the future. Future Planning: Phase II Layout: Based on market development, the project will pre-plan the layout of Phase II on the east side of Phase I, reserving about 60,000 m² of land, increasing investment by 500 million yuan, and purchasing about 400 sets of production equipment. Capacity Target: Upon full production, the project will have a capacity of 8 million magnesium and aluminum alloy parts. Industry Collaboration: Collaborating with the Jiangnan Emerging Industry Concentration Zone to build a production base for lightweight vehicle parts, medical equipment parts, aerospace components, and high-end magnesium alloy application products, deeply embedding into the province's NEV industry chain. Vision Goal: Strive to achieve a 500-million-yuan production base by 2028. Qingyang Magnesium and Aluminum Alloy Industrial Park: This project has excellent transportation location advantages, with highways, freight railways, and shipping docks, 40 minutes from Jiuhuashan Airport and 15 minutes from Jiuhuashan High-Speed Railway Station. Adjacent to the Jiangnan Emerging Industry Concentration Zone, it is only 10 kilometers away. Following the development route of the integrated Yangtze River Delta economy by the Party Central Committee, the project relies on the world's largest magnesium alloy production base, Baomagnesium, 20 minutes away, achieving a closed-loop industry chain from raw material mining, magnesium alloy casting ingot, and deep processing products, with short-distance transportation, truly achieving "maximizing resource utilization" and "minimizing environmental impact." Die-Casting Workshop, Grinding Workshop, CNC Workshop, Final Inspection and Packaging Line, Storage Center. Product Introduction: Auto Parts: Including car dashboard brackets, steering wheels, car wheel hubs, etc. Wheel Hubs: Including E-BIKE wheel hubs, EV wheel hubs, bicycle wheel hubs, etc. Frames and Materials: Including E-BIKE frames, E-SCOOTER frames, children's bike frames, etc. Others: Including children's bike front forks, bicycle baskets, motor side covers, instrument brackets, handles, etc. Mobile phone bottom covers, power tool housings, high-speed rail seat armrests, park benches, etc. Magnesium Industry Company Business Contact: The 2025 Magnesium Industry Chain and Magnesium Market Forum is now open for registration. Please contact: 13162929454 (Jiaxin Lu).

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.

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