On November 25, China's largest magnesium alloy precision die-casting parts manufacturer, NJYH Light Alloy Technology Group issued an announcement that the company plans to invest 11.2 billion RMB to build a high-performance magnesium-based light alloy and magnesium alloy precision die-casting parts production base.
It will build the world's leading magnesium alloy production base and China's magnesium alloy application new material innovation base.