2. Shaanxi Hongtaiyuan Magnesium Industry Co., Ltd. is located in Shiyadian Village, Laogaochuan Town, Fugu County, Yulin City. With a total investment of 80 million yuan, the project will build a 50,000-ton/year magnesium alloy die-casting production line, which is scheduled to be put into production in March 2020. The company consists of Jinchuan Baolong Heat-resistant Cast Steel Co., Ltd., Longxiang Trading Co., Ltd., Yongtong Logistics Company, CITIC Real Estate Company, Fugu Jinchuan Hongtai Power Marketing Co., Ltd., Fugu Baoxing Heating Service Co., Ltd., Fugu Hongtaiyuan Magnesium Co., Ltd. and Baotou Carbon Factory. Construction of Yuheng Mg-Al alloy processing base. With Yuheng Industrial Park as the core, we will vigorously develop new aluminum-magnesium alloy materials and build a magnesium alloy production base in Suide. Taking the magnesium industry in Suide Meng Zhen as the core, the magnesium material application R&D center will be built.
3. Around the construction of 500,000 tons/year aluminum-magnesium alloy project in the second phase of Shaanxi Nonferrous Yulin New Material Aluminum-magnesium Alloy Processing Park, a comprehensive utilization and development project of fly ash and 500,000 tons/year aluminum alloy was built, with a comprehensive output value of 5 billion yuan. Build a magnesium-aluminum industrial base in the valley. The company will focus on the existing enterprises in Fugu, build an integrated industrial chain with local characteristics of alumina-electrolytic aluminum, magnesium smelting-aluminum-magnesium alloy-magnesium deep processing, and focus on the development of aluminum-magnesium alloy and transportation parts.
Shaanxi Yulin Magnesium and Aluminum Industry Association Joint Procurement Center is located in Nanhai District, Foshan City, Guangdong Province. It is located in Chusheng Guo Yi Logistics Co., Ltd., Wuxi Storage Development Co., Ltd. Logistics Center, China Magnesium Industry Association, Sino-Singapore Weika Co., Ltd. and Qin Xinglong Industrial Group. In order to further develop Yulin's hundreds of millions of magnesium and aluminum market, it is planned to carry out strategic cooperation with Jianggang Group. What is most worth celebrating is that Lengyu Group and Hong Kong Jiarui Group recently signed a strategic cooperation framework agreement.