Ningxia Jinfei to put auto wheel project into production in May 2018

Ningxia Jinfei's 5 million auto-wheel project (phase I) is expected to come on stream in May 2018 with the production line for 8 wheel casting machines under construction now.Asian Metal Copyright After the project goes into operation, about 2.Asian Metal Copyright After the project goes into operation, about 2.Asian Metal Copyright The company would become an aluminum alloy auto wheel producer which integrates independent development, design, mould, production and sales as a whole after finishing the project.Asian Metal Copyright6 million wheels would be produced per year, creating value of about RMB600 million.Asian Metal CopyrightNingxia Jinfei's 5 million auto-wheel project phase I is expected to come on stream in May 2018 with the production line for 8 wheel casting machines under construction now.Asian Metal Copyright Ling Jingming, the Vice-President of the company, stated that they will increase investment and would achieve RMB1 billion with 5 million auto wheels by 2020.

The 5 million auto-wheel project covers an area of 300mu with investment of RMB570 million. The company would become an aluminum alloy auto wheel producer which integrates independent development, design, mould, production and sales as a whole after finishing the project.

.Asian Metal Copyright After the project goes into operation, about 2Asian Metal Copyright