Core Viewpoint - The magnesium alloy die-casting technology is emerging as a new trend in the industry, with companies like LKK Technology (00558.HK) showcasing innovative solutions such as the TPI semi-solid thixotropic forming technology at the upcoming die-casting annual conference [1] Group 1: Industry Trends - The demand for magnesium alloy materials is increasing due to the industrial manufacturing shift towards lightweight and high-strength materials, positioning magnesium alloys as ideal substitutes in the die-casting industry [1] - The upcoming die-casting annual conference aims to explore whether magnesium alloy die-casting will become the next industry trend, gathering leading experts to discuss technological advancements and market trends [1] Group 2: Company Innovations - LKK Technology will present its TPI magnesium alloy semi-solid die-casting technology, which is a revolutionary process that enhances the company's technological capabilities and provides innovative momentum for the industry [1] - The TPI technology offers significant advantages in cost control, forming speed, product quality, energy efficiency, and safety, making it highly flexible for various production scenarios [1] Group 3: Market Demand and Growth Potential - The automotive industry's push for lightweight materials is expected to significantly increase the demand for magnesium alloys, with projections indicating a need for approximately 175 million tons of magnesium resources by 2030 if China's vehicle sales reach 39 million [2] - Emerging industries such as humanoid robots and drones are also expected to drive demand for magnesium alloys, with the humanoid robot market projected to require substantial quantities of lightweight materials for improved mobility and performance [2] - The eVTOL (electric vertical takeoff and landing) market is anticipated to grow exponentially, further boosting the demand for magnesium alloys, with a projected compound annual growth rate of 178.95% from 2018 to 2026 [3]
力劲科技(00558)携TPI技术亮相压铸年会，押注镁合金压铸“新风口”