Yongmaotai’s disclosure of relationship activity records on December 5 shows that another heat-free aluminum alloy material developed by the company in cooperation with downstream customers such as Pierburg and Volkswagen and universities such as Shenyang Aerospace University, was in the process of trial production with major customers. Compared with other materials, it has obvious advantages in performance, and is currently applying for a patent.
The company’s Anhui 160,000-ton secondary aluminum alloy project plant construction has basically been completed, and ancillary projects are currently under construction and equipment is being purchased. It is expected to be put into operation in 2023. The company’s 100,000 tons of aluminum ash slag hazardous waste disposal project in Anhui has completed the installation of 33,000 tons of equipment in the first phase, the hazardous waste business license has been approved, and trial production has begun. The second phase of construction is expected to start in 2023. The company’s Anhui Auto Parts Phase III project already has some die-casting equipment, mainly producing new energy auto parts. The above projects will bring incremental performance to the company in 2023.
Yongmaotai is mainly engaged in the research and development, production and sales of cast aluminum alloys and aluminum alloy parts for automobiles. After years of development, it has initially formed a business with “cast aluminum alloys + auto parts” as its main business and integrated development of upstream and downstream pattern. In the field of casting aluminum alloy, the company has been engaged in the casting aluminum alloy industry chain for nearly 20 years, and is one of the advanced aluminum alloy production enterprises in China; the aluminum alloy products produced by the company are widely used in automobile engines, gearboxes, body structural parts and communication Base stations and other fields. In the field of aluminum alloy auto parts, the products independently developed and produced by the company include engine lower cylinder, engine oil pan, automobile gearbox end cover, automobile turbocharger compressor housing, new energy automobile parts, etc. The undertaking unit of the green manufacturing system integration project of the Ministry of Industry and Information Technology, the second China’s top 50 die-casting enterprises, and the third China’s foundry industry nonferrous metals and die-casting sub-sector vanguard enterprises.