Yuefeng New Materials: The future will increase investment in automotive lightweight, 3C consumer electronics, new energy and other fields
November 13, 2023
The company's future strategic focus is to adjust the product structure, increase investment in automotive lightweight, 3C consumer electronics, new energy and other fields, and will increase the output of high value-added products such as profiles, plate and foil, and aluminum rod cables. In the future, it will also increase its overseas globalization layout. At the same time, the company will also give full play to the advantages of green energy, relying on the wind power of Inner Mongolia and the hydropower and aluminum resources of Yunnan, to achieve the production and use of green energy, and promote green development. The company's future project construction is mainly two investment projects: "Annual output of 800,000 tons of high-strength and high-toughness aluminum alloy material project (Phase II)" and "annual output of 1.2 million tons of lightweight high-strength aluminum alloy material project (Phase II)", "annual output of 320,000 tons of new energy vehicle lightweight aluminum alloy material project" in cooperation with Grange, as well as 3C consumer electronics project in Vietnam and automotive lightweight project in Mexico.