Chongqing Magnesium Technology Co., Ltd.

Company Profile: The company was established on April 19, 2001, with a registered capital of 51 million yuan and assets of over 200 million yuan. It is a subsidiary of Shanghai Fenghua and Longxin Holdings, specializing in the design, application development, casting, machining, and surface treatment of magnesium alloy casting products such as automotive, motorcycle, hand (electric) tool, and laptop shell components, as well as magnesium alloy extrusion products such as sacrificial anodes and special profiles. It currently has 10 die-casting machines, one extrusion production line, and dozens of testing equipment including advanced spectrum analyzers, metallographic microscopes, X-ray flaw detectors, and coordinate measuring machines, with an annual capacity of 4.5 million die-castings (3000T) and 2000T of profiles. Main products include magnesium alloy automotive steering wheels, motorcycle left rear covers, hand tools, and various magnesium alloy extruded profiles. The company covers a total area of 123 mu, including a building area of 33,672 square meters, a building footprint of 18,800 square meters, and a total construction area of 30,513 square meters. In November 2001, the company was rated as a "High-tech Enterprise." It is a base for magnesium alloy application and industrialization technology research by the Ministry of Science and Technology, and a high-tech industrialization demonstration project base for magnesium alloy precision forming and continuous processing technology by the National Development and Reform Commission. It has undertaken nearly 10 national magnesium alloy technology research projects during the "10th Five-Year Plan," "11th Five-Year Plan," and "12th Five-Year Plan" periods, as well as national "863" Program and National Torch Program projects. It has also undertaken 26 industrialization application technology research projects for magnesium alloy automotive, motorcycle, hand (electric) tool, and extruded profile applications commissioned by the Chongqing Science and Technology Commission and the Chongqing Economic and Information Commission, formulated 4 industry standards, and obtained over 100 patents (including 10 invention patents). Magnesium alloy automotive steering wheels, hand tools, motorcycle parts, and tube profiles have been certified as high-tech products. The company will uphold the corporate spirit of "scientific and technological service to the nation, truth-seeking and innovation, sincerity and friendliness, efficiency and responsibility," adhere to the marketing strategy of "strengthening technical support and product development services for customers, fully integrating and participating in customers' design and development processes," vigorously develop high-end customers and high-end products, and achieve parallel development in both domestic and international markets. It adheres to an innovation strategy of maintaining leadership in technology, processes, and products, and will cultivate tools, automotive, profile products, and IT products as strategic priorities for future development, aspiring to become a leading enterprise in the international magnesium industry. Legal Representative: Zhang Zhengbing Address: No. 99 Hualong Avenue, Zone B, Longxin Jiulong Industrial Park, Jiulongpo District, Chongqing Fax: 86-23-89062358 Tel: 86-23-89062398 Postcode: 400052 Http:*