Core Viewpoint - The company is advancing its strategic layout in lightweight materials for new energy vehicles by collaborating with a renowned domestic magnesium alloy research team to develop magnesium alloy electric motorcycle wheels and semi-solid high-pressure casting technology [1][2]. Group 1: Technological Development - The company has entered a substantial development phase for magnesium alloy electric motorcycle wheels, which are part of its product upgrade plan [1]. - The new national standard for electric bicycles, effective September 1, 2025, emphasizes "plastic limits" and "weight limits," creating a policy space for magnesium alloy to replace plastic components and promote lightweight designs [1]. - The company has invested CNY 186 million in R&D for 2024, marking a 19.55% increase year-on-year, and holds 288 patents, including 41 invention patents [2]. Group 2: Market Demand and Growth - The electric two-wheeler market is expanding, with projected sales of 16.46 million units in 2024, a year-on-year increase of 12.99%, and a significant rise in large-displacement leisure motorcycles [1]. - The annual demand for magnesium alloy could reach approximately 160,000 tons if each electric two-wheeler uses an average of 3.2 kg of magnesium alloy [1]. Group 3: Product Characteristics and Advantages - Magnesium alloy materials offer a weight reduction of over 30% compared to existing aluminum alloy wheels, enhancing the range and energy efficiency of electric two-wheelers [2]. - The company has established a comprehensive customer base, supplying aluminum alloy wheels to major international brands and leading domestic manufacturers [2]. Group 4: Future Prospects - The development of magnesium alloy electric motorcycle wheels is seen as a critical step towards potential applications in new energy vehicle wheels, with targets set for magnesium alloy usage in vehicles by 2025 and 2030 [3]. - The company aims to focus on material optimization, performance testing, cost control, and market validation for magnesium alloy electric motorcycle wheels to pave the way for new growth opportunities in the lightweight sector [3].

Core Viewpoint - The company Jinfei Kaida (002863.SZ) has stated that its magnesium alloy electric motorcycle wheel products utilize high-pressure casting technology and do not currently involve semi-solid forming equipment [1] Group 1 - The company specializes in magnesium alloy electric motorcycle wheels [1] - The manufacturing process involves high-pressure casting [1] - There is no current use of semi-solid forming technology in production [1]

Core Viewpoint - The company has initiated a technical collaboration with a well-known domestic magnesium alloy materials research team to develop technologies in high-pressure casting and semi-solid high-pressure casting of magnesium alloys [2] Group 1: Technical Development - The company is actively engaged in the substantial development phase of magnesium alloy electric motorcycle wheels [2] - Magnesium alloy automotive wheels based on semi-solid forming have been included in the company's product upgrade plan [2]

Core Viewpoint - The company is actively engaging in technological collaboration with a well-known domestic magnesium alloy research team to develop high-pressure casting and semi-solid high-pressure casting in the magnesium alloy sector [1]. Group 1: Technological Development - The company has entered a substantial development phase for magnesium alloy electric motorcycle wheels [1]. - Magnesium alloy automotive wheels based on semi-solid forming have been included in the company's product upgrade plan [1]. Group 2: Industry Trends - Industry-leading companies are advancing the industrialization of magnesium/aluminum alloy semi-solid injection molded wheels, which offer significant advantages in lightweighting and yield improvement [3]. - The company is evaluating the feasibility of introducing semi-solid forming technology and is considering technical connections with relevant equipment manufacturers and material suppliers [3].

Core Viewpoint - The company is collaborating with a well-known domestic magnesium alloy material research team to develop technologies in high-pressure casting and semi-solid high-pressure casting of magnesium alloys [2] Group 1: Technology Development - The company has initiated substantial development of magnesium alloy electric motorcycle wheels [2] - Magnesium alloy automotive wheels based on semi-solid forming have been included in the company's product upgrade plan [2]