ASD (Tianjin) signs project for lightweight Al-Mg alloy parts production base

ASD (Tianjin) signed an agreement with the Wuqing New Materials and High-end Equipment Industrial Park to build a lightweight aluminum-magnesium alloy parts production base.

The project covers a total area of 70 mu (about 4.7 hectares) and involves a total investment of RMB464 million (USD69.34 million). Once completed, it will establish an integrated production line covering the full process of casting, machining, and testing. At full capacity, the project is expected to achieve an annual output of 30,000 tons, generate annual sales revenue of RMB425 million (USD63.51 million), and create approximately 500 local jobs.