Automobile Engine Aluminum Cylinder Production Line Start Construction

(China Aluminum Network) Yangmei Qianjun Auto Parts Co., Ltd inaugurated officially in recent days. The automobile engine aluminum cylinder production line started construction at the same time which was invested 0.58 billion yuan. This marked Yangquan Coal Industry Group (600348) and Yongji government realized strategic cooperation.

This project was invested by Yangquan Coal Industry Group, after put into production can produce 600 thousand pieces of automobile engine aluminium alloy cylinder semifinished product and 300 thousand pieces of finished products, realized over one billion yuan of production value and near 0.2 billion yuan of profit and tax. Also played an active role in increasing rural income and stimulating economic growth.

At the openning ceremony, both parties all stated will regard this project as an opportunity to enhance communication and exchange, establish long-term stable partnership, promote mutual benefit.

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