Die Casting Morning Post|Die Casting Enterprise-Zhejiang Huashuo Restarts IPO; Changsha Boda Automo
Suzhou Huijin heat-free aluminum alloy put into production
According to news from Changshu Rong Media Center, on November 21, Suzhou Huijin New Material Technology Co., Ltd. ("Suzhou Huijin") officially mass-produced the first batch of "fiber crystal", which is used in the mass production of super large integrated die-casting parts. The new aluminum alloy material for components was officially put into production in Changshu. According to reports, "Fiber Crystal" heat-free high-strength and high-toughness aluminum alloy new material is a new material independently developed and named by Suzhou Huijin. It has excellent strength, toughness, fluidity, thermal crack resistance, burning resistance and fatigue. Strength and other properties help to improve mold life, production efficiency and product yield, and to a certain extent achieve low-carbon environmental protection.
On November 1st of this month, Jikr Intelligent Technology officially released the pure electric luxury MPV - Jikr 009. The integrated die-casting rear-end aluminum body parts of "Jikr 009" are made by a 7200T giant die-casting machine, with a length of 1.4 meters and a width of 1.6 meters. . Thanks to the blessing of "fiber crystal", this part can be mass-produced and loaded into the car. The application of "fiber crystal" makes the production process of this part completely exempt from the traditional heat treatment strengthening process, which significantly improves the overall performance. The production efficiency of the process has successfully reduced nearly 800 welding points, the deformation can be reduced by 16% in the event of impact, and the bending stiffness has been increased by 11%, effectively protecting the safety of the rear of the car body.
Dongguan Jierong Technology invests in the construction of precision structural parts base in India
Dongguan Jierong Technology Co., Ltd. (referred to as "Jierong Technology") recently stated on the investor interaction platform that the company's Indian project is mainly a high-end manufacturing base for mobile phone precision structural parts that directly supports many local leading companies. The company's overseas territory and layout. The company promoted project construction and production as planned.
Founded in September 2007, Jierong Technology is a large-scale manufacturer specializing in R&D, production, and sales of precision structural parts and mold design and manufacturing. It has multiple die-casting production lines and provides mobile phones, tablet computers, wearable products, and medical equipment. Parts and other mold development and precision structural parts products.
Huayang Group's 2 billion yuan fixed increase application was approved
On November 21, Huizhou Huayang Group Co., Ltd. ("Huayang Group") issued an announcement that the China Securities Regulatory Commission's Issuance Review Committee formally reviewed and approved the company's application for non-public issuance of A shares. This non-public offering of shares intends to raise a total of no more than 2 billion yuan, which will be mainly invested in the production capacity expansion project of smart car electronics, the production capacity expansion project of automotive lightweight parts products, and the research and development project of smart driving platform.
Huayang Group stated that this fundraising project has good market development prospects and economic benefits, which will help the company expand the production capacity of automotive electronics and precision die-casting business, improve market competitiveness, market share, improve technology level, and expand new growth points .
In addition, Huayang Group recently stated on the investor interaction platform that the company has entered the mass supplier system, and the specific business is in progress. In the third quarter of this year, Huayang Group's main business, automotive electronics and precision die-casting, achieved high growth, with operating income of 1.523 billion yuan, a year-on-year increase of 40.99%; net profit of 104 million yuan, a year-on-year increase of 46.23%.
The main structure of Changsha Boda Automobile Die Casting Project was completed
According to the news from Liuyang Economic and Technological Development Zone, the Boda Science and Technology Automobile Lightweight Precision Parts Production and R&D Base Project, located in the High-tech Industrial Development Zone of Liuyang City, Hunan Province, has completed the construction of the civil structure of each building group and the main steel structure of the plant. Construction of decoration and outdoor supporting facilities. The project is invested and constructed by Changsha Boda Science and Industry Co., Ltd. (abbreviated as "Boda Science and Industry").
Boda Science and Technology Co., Ltd.'s main business is die casting of aluminum alloy parts, machining of die casting parts and mold manufacturing. It has two production bases, headquartered in Changsha and branch in Changchun. The company's products include precision aluminum alloy and zinc alloy die-casting parts such as automobile starters, generator end covers, air-conditioning compressor shells, oil pump pump bodies, high-voltage electrical equipment, and small structural parts.
Aluminum Die Casting Enterprise——Zhejiang Huashuo Restarts IPO
Recently (November 21), Zhejiang Huashuo Technology Co., Ltd. (referred to as "Huashuo Technology") was accepted for listing counseling and filing, and the counseling agency was Haitong Securities. It is reported that Huashuo Technology disclosed the prospectus for the first time in September 2017, planning to sprint for the main board of the Shanghai Stock Exchange. According to the prospectus of the year, Huashuo Technology plans to issue no more than 25 million shares on the Shanghai Stock Exchange, and plans to raise 425 million yuan, which will be used for the processing of high-precision parts for automotive engine recirculation systems, the production of lightweight aluminum-magnesium alloy auto parts, and the production of lightweight aluminum-magnesium alloy auto parts. Quantify the auto parts R&D technology center project. However, after updating a version of the prospectus in 2018, the review of Huashuo Technology's IPO application was terminated.
It is understood that Huashuo Technology was established in 2002. It is a high-tech enterprise mainly engaged in the design and manufacture of various high-end, precision and cutting-edge injection molding, die-casting molds and their products. Its business involves precision molds, precision die-casting, precision machinery parts, and precision instruments. Instruments, precision auto parts, etc. The company is headquartered in Ningbo City, Zhejiang Province, covering a total area of 153 acres and a total construction area of over 150,000 square meters. In addition, the company has offices in Detroit and Munich, and a factory in Hungary is already under construction.
Ruitong Seiko directional issue of 42 million shares
On November 18, Chongqing Ruitong Precision Technology Co., Ltd. (referred to as "Ruitong Precision") issued an announcement that the company issued 42 million shares in a targeted manner and planned to raise a total of 113 million yuan. The newly added shares in this targeted issuance will be listed on the National Small and Medium Enterprise Share Transfer System and publicly transferred from November 24, 2022.
Ruitong Precision was established in 2004 and was listed on the National Equities Exchange and Quotations on November 29, 2017. The company is mainly engaged in the research and development, production and sales of aluminum alloy precision die-casting parts for auto parts.
From January to October, China exported 417,300 tons of magnesium products
According to statistics from the General Administration of Customs, in October 2022, China will export about 40,100 tons of various magnesium products, a year-on-year increase of 8.67%. Among them, the export volume of magnesium ingot was 23,000 tons; the export volume of magnesium alloy was 9,500 tons; the export volume of magnesium products was 376 tons.
From January to October, China exported a total of 417,300 tons of various magnesium products, a year-on-year increase of 12.24%. Among them, the export of magnesium ingots was 229,200 tons, a year-on-year increase of 7%; the export of magnesium alloys was 115,800 tons, a year-on-year increase of 32.95%; the export of magnesium products was 6,462 tons, a year-on-year increase of 46.4%.
This article comes from the WeChat public account "Die-casting business situation"