Second phase of Xinshen Aluminium’s RMB200 million project launched successfully
The Xinshen Aluminium Technology lightweight phase II project commenced operations on December 8. The total investment for the completion and operation of the project amounts to approximately RMB 200 million. This includes implementing three intelligent production lines, which consist of high-efficiency and energy-saving constant speed forming units, a combined quenching system utilising wind and water mist, a rapid and precise gradient heating furnace, and other equipment. The existing production line and equipment have been upgraded.
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About Xinshen Aluminium
China-based Xinshen Aluminium, established in 2008, is a technologically advanced company specialising in producing high-quality aluminium products. The company is dedicated to conducting independent research and developing novel aluminium alloy materials, mould design, product moulding, surface treatment, and CNC deep processing. It has a flawless capability for product design and manufacturing.
By implementing measures to enhance production efficiency, it is possible to achieve a significant gain of over 30 per cent. The product performance indicators also surpass the national norm by more than 20 per cent.
Prospects surrounding the Phase II project
By 2024, the production capacity of this facility will be fully realised, enabling the annual production of 30,000 tonnes of high-performance aluminium profiles specifically designed for new energy vehicles. This will generate an output value of RMB 800 million and contribute to the overall sales of the enterprise, surpassing RMB 1.5 billion. Additionally, the tax payment will exceed RMB 36 million.
Xinshen Aluminium is a supplier for SAIC, Volkswagen, Mercedes-Benz, Jaguar Land Rover, NiO, Ideal, BYD, Xiaopeng, and 27 other Original Equipment Manufacturers (OEMs). Additionally, Xinshen Aluminium has formed lasting partnerships with Ningde Times, Honeycomb, Xinwang Da, and other leading battery manufacturers and has been designated as their supplier.
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