Xinshen Aluminum begins phase two production at aluminum profiles project

On December 8, Wujiang Xinshen Aluminum Technology Development Co.Asian Metal Copyright86 million.Asian Metal Copyright, Ltd.Asian Metal CopyrightOn December 8, Wujiang Xinshen Aluminum Technology Development Co.Asian Metal Copyright commenced production at its phase two lightweight materials project with a total investment of around RMB200 million (USD27.Asian Metal Copyright When reaching full capacity in 2024, the project is able to produce 30,000tpa of aluminum profiles used for NEVs, with an annual production value of RMB800 million USD111 million, and the company would achieve total sales of more than RMB1.Asian Metal Copyright86 million).Asian Metal Copyright .Asian Metal Copyright The project adds three smart production lines, which are expected to increase production efficiency and product performance by more than 30% and 20% respectively.Asian Metal Copyright .Asian Metal Copyright When reaching full capacity in 2024, the project is able to produce 30,000tpa of aluminum profiles used for NEVs, with an annual production value of RMB800 million (USD111 million), and the company would achieve total sales of more than RMB1.Asian Metal Copyright5 billion USD209 million, along with tax revenue of over RMB36 million USD5.Asian Metal Copyright5 billion (USD209 million), along with tax revenue of over RMB36 million (USD5.Asian Metal Copyright When reaching full capacity in 2024, the project is able to produce 30,000tpa of aluminum profiles used for NEVs, with an annual production value of RMB800 million USD111 million, and the company would achieve total sales of more than RMB1.Asian Metal Copyright02 million).

.Asian Metal CopyrightOn December 8, Wujiang Xinshen Aluminum Technology Development CoAsian Metal Copyright