On August 31, the construction of the third batch of 2018 key projects of Baoding Hebei Lizhong Nonferrous Metals Group Co., Ltd. with an annual output of 7 million aluminum alloy wheels and 1 million sets of high-strength aluminum suspension brackets for automobiles (the second phase) construction ceremony was held.
The second-phase project is an annual output of 3 million lightweight cast aluminum alloy wheels. The total investment is 1.34 billion yuan, covering a total area of 175 acres and a total construction area of 69,023 square meters. After the project is completed, an annual output of 3 million The production capacity of lightweight cast aluminum alloy wheels is expected to have an annual sales income of 960 million yuan, a total profit and tax of 260 million yuan, and 1,500 new jobs.