Company News Shaanxi Magnesium Fusion Technology Co., Ltd. has Officially Established

ARTICLE OF 2022.06.21

On June 18th, 2022, Mr. Y F Lee, Chairman of the Ka Shui Group, led a delegation to Yulin to attend the ceremony for the establishment of a JV, the Shaanxi Magnesium Fusion Technology Co., Ltd. and delivered a speech.

The founding of the Shaanxi Magnesium Fusion Technology Co., Ltd.is a key milestone of the "win-win" cooperation between Ka Shui Group and lightweight supply chain partners in Shaanxi Province. The JV will provide one-stop magnesium and aluminum lightweight solutions to domestic and foreign new energy commercial vehicle manufacturers including Shaanxi Automobile Group.

Ka Shui Group, together with Shaanxi Automobile Group, Yulin Energy Group as well as other partners, established Shaanxi Magnesium Fusion Technology Co., Ltd. and it is an important milestone of Ka Shui Group in implementing the strategic planning of lightweight new materials and deep processing in Northwest China. Ka Shui Group will play a role in exhibiting its expertise and know-how in the deep processing of lightweight materials. In view of the increase in the market demand of lightweight new energy vehicles, Ka Shui, together with its partners, will cooperate with the local government to participate in the integration of the entire magnesium industry chain in Yulin in order to build a hundred-billon scale Magnesium and Aluminum supply chain in Yulin!
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Ka Shui International Holdings Limited published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2022 03:24:01 UTC.