Shandong Liufeng Group¡¯s Light Weight Aluminum Wheel Project Start in August

(China Aluminum Network) Taiwan Lioho Group and Innovation Group has established a joint venture Shandong Liufeng Group in Binzhou, the second stage of 3 million units high strength and light weight aluminum wheel project has started construction in December 2013 and expected to put into operation in August this year. This project will create considerable tax receipts and job opportunities.

Cui Lixin the chairman of Innovation Group said after completion the company can produce 5 million units of auto wheels every year, can realize 2.5 billion Yuan of profits and 0.1 billion Yuan of taxes. On the occasion, their products will move towards the whole world together with superior quality car BMW, Toyota, GM, FAW and others.

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