At 10:38 am on September 27, 2017, the Anhui Provincial Government Conference Center grandly held the signing ceremony of the investment and cooperation agreement for the new annual production of 1 million automotive magnesium wheel projects.
Mei Xiaoming, chairman of the Chinese magnesium alloy material manufacturer YH Metal Group, said in his speech that the current weight reduction of automobiles has become an inevitable trend of development. The completion of the project will fill the international gap and form a magnesium alloy upstream and downstream industry chain from dolomite mining to deep processing and application in the Chaohu area. In the future, Yunhai Magnesium will aim at the goal of high quality and scale, and squeeze into the top three in the world.
Qiu Shijian, Chairman of DY Alloy wheels Group, said in his speech that Chaohu City, YH Metal Group and Reliance Fund have rich magnesium resources, the most efficient team and the strongest capital support, and Yunhai has the strongest intellectual R & D and production technology. I hope that in the future, under the conditions of all parties, the magnesium wheel industry will be promoted to the world through several efforts.