Hubei Daily reported that Hubei Hangte Equipment Manufacturing Co., Ltd., relying on its own technical accumulation and market prediction in the aluminum alloy casting industry, started market research and technical research in early 2015, taking the automotive lightweight industry as the future development of the company. Strategic core, 52 projects and 88 products have been successfully developed, and lightweight chassis accounts for more than 50% of the domestic market share.
According to reports, in March 2019, the first phase of the Hangte lightweight chassis project was put into production. With the continuous expansion of the lightweight chassis business, on March 26 this year, the second phase of the lightweight chassis lightweight project of Hunter was started, and 5 intelligent production lines for aluminum alloy subframes, as well as supporting buildings such as production plants and R&D buildings, will be built. After the project is put into production, it can produce 1.5 million lightweight chassis components per year.
Zhang Zuoqi, manager of the planning and development science and technology department of Hubei Hangte Company, said that at present, the company has an annual production capacity of 10 million pieces of various aluminum alloy products, and can supply 700,000-800,000 aluminum alloy chassis for passenger cars annually. With the substantial increase in demand for new energy vehicles, the company’s orders for lightweight chassis have increased by nearly 40%, and it is expected to achieve an output value of about 1.8 billion yuan this year.
According to the data, Hubei Hangte Equipment Manufacturing Co., Ltd. was founded in 1993. It is a state-owned joint-stock enterprise integrating R&D, manufacturing, sales and service. Its headquarters is located in the National High-tech Development Zone, Jingmen City, Hubei Province. The company is mainly engaged in the design and manufacture of hydraulic brakes, the development and manufacture of light alloy product forming technology, aviation aircraft, aviation product operation and automation equipment manufacturing integration.