1. China Coal Hon Hai Yangquan Project is a deep processing project invested and constructed by China Coal Hon Hai Technology Co., Ltd. with an annual output of 3.2 million high-end forged magnesium alloy automobile wheels and 25,000 tons of magnesium alloy plates. The project construction site is located in Yangquan City, Shanxi Province. The project is divided into two phases, one of which has been completed and put into operation.
2. China Coal Hon Hai Yangquan Project is also one of the key projects supported by the local government, which has received strong support and attention from the government.
3. Magnesium alloy automobile wheels and magnesium alloy plates have good market prospects, high investment potential, certain technical advantages and production capacity in the field of magnesium alloys, and the magnesium alloy products produced by them have high market competitiveness.