According to the data of Huaxin Huichuang. Com, the rare earth magnesium alloy project is a high-performance magnesium alloy project invested and constructed by Hengmei New Materials Technology Company under Huaxin Huichuang Holding Group, and has now landed in Yangqu Industrial Park, Shanxi Comprehensive Reform Demonstration Zone.
The investment of the first phase project is1.200 million yuan, with an annual output of 2000 tons of rare earth nano-strengthened magnesium alloy castings. After all the products are put into production, the annual sales income can reach 420 million yuan, and the annual profit is about 65.438+600 million yuan.