Shenyue Casting signs deal for Mg-Al alloy parts project in Fuzhou
2025-12-26 13:48:27 [Print]
On December 22, Fujian Shenyue Casting Share Co., Ltd. held a signing ceremony in Fuzhou High-Tech Zone for its new project to produce magnesium-aluminum alloy precision parts and electric two-wheelers.
The project, with a total investment of RMB1 billion (USD143 million), will manufacture integrated magnesium-aluminum alloy frames, multi-functional liquid-cooled electric drive housings, and complete electric two-wheelers. Once running at full capacity, it is expected to generate around RMB600 million (USD85.63 million) in annual revenue.
The project will boost Fuzhou High-Tech Zone's magnesium alloy and precision manufacturing clusters, strengthen the local industrial chain, and support high-quality regional growth.
The project, with a total investment of RMB1 billion (USD143 million), will manufacture integrated magnesium-aluminum alloy frames, multi-functional liquid-cooled electric drive housings, and complete electric two-wheelers. Once running at full capacity, it is expected to generate around RMB600 million (USD85.63 million) in annual revenue.
The project will boost Fuzhou High-Tech Zone's magnesium alloy and precision manufacturing clusters, strengthen the local industrial chain, and support high-quality regional growth.
Aluminum Alloy Ingot A356.2 Delivered China
Unit:RMB/mt
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