With more than 20 years of deep cultivation in the magnesium alloy material industry, NJYH Magnesium Alloy Technology Corporation has now become a leading company in the global magnesium alloy industry, and its magnesium alloy output accounts for more than 35% of the global output.
Magnesium alloy business has advantages worldwide
Automotive lightweighting mainly requires structural optimization design, the use of lightweight new materials, and lightweight forming manufacturing process optimization. At present, lightweight materials including aluminum alloy, magnesium alloy, carbon fiber and high-strength steel are used in the fields of traditional fuel vehicles or new energy vehicles.
NJYH's main products are magnesium alloys, aluminum alloys and their deep-processed products, which are mainly used in the fields of automobiles and consumer electronics. The company is a leading enterprise in automotive lightweight materials. In recent years, NJYH has improved the rational layout of raw materials. The original magnesium plant was built in an area close to the raw materials; the deep processing is based on the principle of being close to the market, and it has been deployed in the Yangtze River Delta, the Southwest and the North.
At present, the company has established a headquarters and R&D R&D center, five major magnesium alloy supply bases. The company has a complete industrial chain of "Dolomite Mining-Primary Magnesium Smelting-Magnesium Alloy Melting-Magnesium Alloy Precision Casting, Deformation-Magnesium Alloy Recycling"; the company now has an annual output of 100,000 tons of primary magnesium and 180,000 tons of magnesium alloy Production capacity. In 2022, it plans to build a new project with an annual output of 300,000 tons of high-performance magnesium-based light alloys and 150,000 tons of magnesium alloy deep-processed products.
Cooperate with superior customers in the automotive industry
The company's steering wheel frame, instrument panel bracket, central control bracket, seat bracket and other precision magnesium alloy auto parts products have increased business volume and will continue to rise in the future.
The company's magnesium alloy medium and large parts application customers have gradually increased. The company has become Volvo's global supplier and has entered the Porsche, BMW and Mercedes-Benz parts supplier system. The new energy vehicle market companies are NIO Automobile, BYD, BAIC New Energy, Geely, Tesla, Ford, etc. . At the same time, the company strengthens cooperation with domestic new energy battery manufacturers CATL and BYD.