Bangshun Precision launches aluminum wheel project in Mianchi
2025-06-03 15:28:59 [Print]
On May 30, the government of Mianchi County signed an agreement with Nanjing Bangshun Precision Machinery Technology Co., Ltd. to build a project with an annual production capacity of 500,000 aluminum alloy wheels for commercial vehicles.
The project will be located in Mianchi Advanced Manufacturing Development Zone, with a total investment of RMB120 million (USD16.67 million) and a planned land area of 35 mu (~ 2.33 hectares). It will connect with Henan Xigetenghua New Materials Co., Ltd. as an upstream supplier. The wheels will be used mainly for new energy commercial vehicles like vans and buses.
Trial production is scheduled for September 2025, with expected annual sales of RMB400 million (USD55.56) and tax revenue of around RMB40 million (USD5.56 million) when fully operational.
The project will be located in Mianchi Advanced Manufacturing Development Zone, with a total investment of RMB120 million (USD16.67 million) and a planned land area of 35 mu (~ 2.33 hectares). It will connect with Henan Xigetenghua New Materials Co., Ltd. as an upstream supplier. The wheels will be used mainly for new energy commercial vehicles like vans and buses.
Trial production is scheduled for September 2025, with expected annual sales of RMB400 million (USD55.56) and tax revenue of around RMB40 million (USD5.56 million) when fully operational.
Aluminum Alloy ADC12 FOB China
Unit:USD/mt
China secondary aluminum alloy producers' inventory statistics by province by month
Unit: mt
