Investment Overview - The company plans to invest at least 500 million RMB to establish an annual production capacity of 800,000 lightweight, high-strength automotive components for new energy vehicles [1][2] - The investment agreement will be signed with the Chongqing Nanchuan Industrial Park Management Committee [1][2] Board Approval - The company's board of directors approved the investment project during the 22nd meeting of the second board session held on July 31, 2025 [2] - The board has authorized the chairman or designated personnel to handle the specific matters related to this investment [2] Project Details - The project aims to enhance the company's core competitiveness and align with national energy development strategies [1][4] - The construction is expected to be completed within 24 months, with equipment installation and production to follow shortly after [3][4] Strategic Importance - This investment aligns with the company's strategic focus on advanced metal materials and aims to expand the application of aluminum-magnesium and titanium alloys [4] - Successful implementation of the project is anticipated to enrich the product structure, increase production capacity, and enhance market competitiveness [4] Financial Implications - The funding for this project will come from the company's own and self-raised funds, with some uncertainty regarding the timely availability of these funds [5] - The project is not expected to have a significant adverse impact on the company's financials or operations [4] Regulatory Compliance - The investment does not constitute a related party transaction or a major asset restructuring as defined by relevant regulations [2] - The project will require approvals from relevant authorities before commencing operations [3][5]
新铝时代: 关于建设年产80万套轻量化高强度新能源汽车零部件项目的公告