Guangyuan Economic Development Zone partners with Deyang Tianhe for aluminium alloy auto parts manufacturing project

The management council of Guangyuan Economic Development Zone recently concluded an investing agreement with Deyang Tianhe Machinery Manufacturing Co., Ltd. for a new production project. The new project will be centred on manufacturing aluminium alloy auto parts with a targeted annual output of 30000 tonnes.

It is a move to produce lightweight car components that cost RMB 1 billion. Once operational, the project's projected annual output value will be approximately RMB 950 million, with tax revenue of around RMB 20 million, and it will produce up to 1500 jobs.

Shipan Industrial Park hosts this particular project, which is being developed by Deyang Tianhe Machinery Manufacturing Co., Ltd. In general, Deyang Tianhe produces aluminium alloy casting, finishing and assembly primarily for chassis performance parts in new energy vehicles.

Among their clients are distinguished companies such as Celestial (Wenjie), Aouita, Bosch, BYD, China Changan, China National Heavy Duty Truck and Cummins, who usually demand high-quality aluminium alloys. It is a pacesetter in its industry because Deyang Tianhe has state-of-the-art production equipment and cutting-edge technologies.