Taishan city launches construction of Mg-alloy new material production complex project
2018-12-28 17:28:55 [Print]
On December 26, the Guangdong city Taishan staged the cornerstone laying ceremony for the Mg-alloy new material production complex project co-invested by Shenzhen Xidesheng Bicycle Co
. , Ltd . and Guangzhou Meiye Metallic Technology Co . , Ltd . The two companies signed the cooperation agreement in July 2018, planning to invest RMB1 . 5 billion into the project which will consist of two parts, Mg-alloy new material base and Mg-alloy material application institute, and will focus upon research and production of new energy car body, hub, axle and framework as well as Mg-alloy lightweight materials used in aerospace and bicycle industries . The whole project will occupy a total area of about 180 Mu (about 12 hectares), and its phase one is expected to be built and go into operation in 2019.