Yousheng Aluminum’s high-end new energy vehicle lightweight parts project settled in Lu’an

Recently (July 9th), the signing ceremony of Yousheng Aluminum’s high-end new energy vehicle lightweight parts project was held at the Yu’an District Government. Zhang Xingxiang, Deputy Secretary-General of the Municipal Party Committee and Director of the Municipal Party Committee Office, attended the signing ceremony.

The main investor of the project is Anhui Yousheng Aluminum Co., Ltd. The total investment of the project is about 500 million yuan. It is expected that in terms of project investment benefits, the output value will be 400 million yuan in 2023, an annual increase of 200 million yuan, and the output will reach 1 billion yuan in 2026. In terms of project tax contribution, the target comprehensive tax revenue can reach 8 million yuan in 2023, 15 million yuan in 2024, 20 million yuan in 2025, and 30 million yuan per year from 2026.

It is reported that the project has entered construction on July 10, and is planned to be put into production before August 10.

Anhui Yousheng Aluminum Co., Ltd. was established in October 2017 and is a wholly-owned subsidiary of Shanghai Yousheng Aluminum Co., Ltd. The company is located in Anhui Guangyin Aluminum Processing Industrial Park, Xiatang Town, Changfeng County. Its main business is the production and sales of auto parts and racing rims. Shanghai Yousheng Aluminum Co., Ltd. The company is the largest supplier of automotive aluminum alloy applications and lightweight solutions in China.