Core Viewpoint - Magnesium prices have remained consistently lower than aluminum prices over the past year, leading to accelerated penetration of lightweight materials in the automotive industry [1] Group 1: Industry Trends - Die-casting factories are increasingly investing in magnesium die-casting, with many aluminum die-casting manufacturers expanding their magnesium die-casting operations [1] - Automotive manufacturers are intensifying the use of magnesium products, with one car company currently using over 20 kg of magnesium alloy per vehicle [1] - The potential for magnesium usage in vehicles is expected to rise significantly, with projections indicating that magnesium content could reach 50-100 kg per vehicle as large magnesium die-cast components like electric drive housings, rear floors, and inner door panels are integrated [1] Group 2: Product Development - Key product areas such as instrument panel brackets, electric drive housings, and rear floors are witnessing rapid development in magnesium application [1] - Magnesium alloy automotive die-cast components are facing unprecedented growth opportunities, as indicated by both the company and its industry peers [1]