NBAD Precision Aluminum Alloy Parts Co., Ltd. announced that according to the company's overall strategic layout planning and business development needs, the company plans to sign the Liudong New Area Automobile Lightweight Aluminum Alloy Precision Die Casting Project Investment Agreement with Liudong New Area Management Committee ", The construction of a lightweight aluminum alloy precision die-casting project for automobiles, with a total investment of about 500 million yuan; it is planned to sign the" Investment Intent "with the Ningbo (Jiangbei) High-tech Industrial Park Management Committee to build the Aikedi Technology Industrial Park project. The investment is about 1 billion yuan.
Among them, the company registered and established a wholly-owned investment company ("Liuzhou Investment Company") within the jurisdiction of Liudong New District Management Committee of Liuzhou City, which will purchase land and build factories, and will invest about 5 holding subsidiaries by Liuzhou Investment Company The company (based on the actual number of establishments) is used for high-pressure die-casting and other molding technologies, mold production, aluminum processing, etc., so as to create a professional ecological chain industry. The project purchases about 300 sets of processing and production equipment such as melting furnaces, die-casting machines, robots, machining centers, and CNC lathes. After completion, it will achieve an annual production capacity of 30 million automotive lightweight aluminum alloy precision die-casting parts, and its operating income will be 600 million yuan.
The company's development strategy requires "production close to customers". By setting up production bases in customer clusters, we provide customers with high-quality products and provide close-range services that better meet customer needs. The company will use the above project construction as a carrier, and on the premise of meeting the needs of existing customers, centering on the Liuzhou area, radiating the automotive market in southwestern China and even Southeast Asia, further improving the company's competitiveness in the industry and increasing market share Conducive to the establishment of long-term and stable strategic cooperative partnership with customers, and lay a solid foundation for the company's long-term development. The investment matters of the above investment agreement are aimed at expanding the company's industrial scale and market space, which is conducive to enhancing the company's core competitiveness and industry influence, and is in line with the company's long-term development strategy and interests.
In the context of "automobile lightweighting" and the development of new energy vehicles, the company signed an investment (intent) agreement this time in order to fully grasp the new development trends in automotive lightweighting, new energy vehicles and other areas and their development. Prepare for the new demand for aluminum alloy die castings in order to enhance the ability to acquire new markets, new customers, and new product shares in new areas; make full use of the existing global market structure, existing customer resources, and newly developed Customer resources, extending to provide customers with a broader product line and range of services.