Recently, Young Man Automobile Co., Ltd., located in Shizuishan, Ningxia Province, has begun mass production of 15,000 trucks each year, and the company's investment in an annual output of 200,000 tons of automobile castings has also been unveiled.
It is reported that this vehicle production project was invested and built by China Youth Automobile Group, with a total investment of 27.9 billion yuan. After the project is finalized, it will build an annual output of 210,000 heavy trucks, 510,000 large-scale automobile engines , 60,000 automotive hybrid energy transmissions, 200,000 tons of automotive iron castings, cast aluminum parts, aluminum-magnesium alloy castings and automotive zero. Parts processing, automotive glass and solar glass.
The commissioning of this project not only marks the history of Ningxia auto vehicle production blank, but also shows the splendid future of the Ningxia auto casting industry. Ningxia's mineral resources are the world's best, which also provides a solid foundation for the development of the foundry industry. With the growth of the auto industry in this area, the demand for the automotive casting market has increased, bringing the dawn of the foundry industry.
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