
Yinbang (Anhui) New Energy Material Technology Co., Ltd. is in the trial production phase of its new project. The project is a significant investment made by Yinbang Metal Composite Materials Co., Ltd., with a total investment of no less than RMB 5 billion.
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The construction content includes an aluminium alloy plate ingot semi-continuous casting production line, hot continuous rolling production line, cold rolling and cold finishing production line, finishing production line, heating furnace, annealing furnace, tension bending straightening line, and other supporting public and auxiliary facilities.
Upon reaching full potential, the company expects to generate annual sales revenue of around RMB 10 billion, with the main operating profit not less than RMB 1 billion. The project aims to produce high-quality aluminium alloy plates for various industries, including automobiles, aviation, construction, and more. Yinbang (Anhui) New Energy Material Technology Co., Ltd. is committed to operating with the highest safety standards, environmental protection, and quality control.
Last year, in February, Yinbang signed a sales contract with ONEGENE for supplying them with new energy vehicle water-cooled plates, aluminium alloy composite and non-composite materials based on ONEGENE's actual business plan.
With the growing national new energy vehicle industry, Yinbang, a supplier to Ningde era, BYD, Great Wall Automobile, Tesla, Volkswagen, and other renowned auto parts manufacturers, has developed new thermal-management aluminium heat transfer materials for use in electric vehicle powering batteries and other products, leading the industry parameter.
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