On April 12, the CQBA Magnesium Aluminum Lightweight Project was officially settled in Suzhou. This project was invested and established by CQBA Magnesium Aluminum Metal Manufacturing Co., Ltd. and its Hong Kong subsidiary. The total investment of the project is 200 million yuan. The main research and development, production of instrument panel brackets, automobile shock absorber towers and other lightweight lightweight parts. After the project is put into production, it will realize an annual sales income of 300 million yuan and a tax payment of over 20 million yuan.
It is reported that the project's products use magnesium aluminum alloy materials, which can better achieve the weight reduction goal of the vehicle; magnesium aluminum alloys have better flexibility, and the vehicle's shock absorption effect is better; the products can also be recycled and reused 100%, further improving energy conservation The effect of emission reduction represents the future development direction of the automotive industry. The project will import large tonnage automated die-casting unit islands, and take the intelligent workshop as the standard to create a smart factory with full process automation.
A few days ago, CQBAg announced the first batch of digital workshop and smart factory projects in 2019. The digital workshop for intelligent manufacturing of automotive structural parts declared by CQBA Magnesium Aluminum Manufacturing Co., Ltd. was approved.
CQBA Magnesium Aluminum Metal Manufacturing Co., Ltd. was established in 2006. The company is located in Wansheng Economic Development Zone, Chongqing City. It is a company committed to research, development, production and sales of magnesium alloy and aluminum alloy die casting products. Its products are widely used in automobiles , Motorcycle, aviation, military, power tools and other fields.