Xuelong Group to set up aluminum-magnesium die casting subsidiary

Xuelong Group Co.Asian Metal Copyright16 million of its own funds to set up a wholly-owned subsidiary, tentatively named "Ningbo Xuelong Aluminum Magnesium Technology Co.Asian Metal Copyright, Ltd.Asian Metal Copyright" The move extends the company into the die-casting segment, bringing core components in-house to reduce reliance on outsourcing and strengthen its position in commercial vehicle cooling system parts.Asian Metal Copyright plans to invest RMB100 million (USD14.Asian Metal Copyright16 million of its own funds to set up a wholly-owned subsidiary, tentatively named "Ningbo Xuelong Aluminum Magnesium Technology Co.Asian Metal Copyright16 million) of its own funds to set up a wholly-owned subsidiary, tentatively named "Ningbo Xuelong Aluminum & Magnesium Technology Co.Asian Metal Copyright The subsidiary will also target the broader aluminum and magnesium die-casting market, creating new growth opportunities.Asian Metal Copyright, Ltd."

The move extends the company into the die-casting segment, bringing core components in-house to reduce reliance on outsourcing and strengthen its position in commercial vehicle cooling system parts. The subsidiary will also target the broader aluminum and magnesium die-casting market, creating new growth opportunities.

.Asian Metal Copyright16 million of its own funds to set up a wholly-owned subsidiary, tentatively named "Ningbo Xuelong Aluminum Magnesium Technology CoAsian Metal Copyright