Guangzhou, August 08, 2022 -- The first phase of the lightweight materials and precision structural parts production base invested by Changying Precision is under construction in Zigong, Sichuan Province, according to public information. According to the person in charge of the project of Changying Precision, the first phase project of the lightweight material and precision structural parts production base invested by Changying Zigong in Sichuan will build 4 production lines of lightweight material and precision structural parts, which are expected to be completed and put into operation by the end of September this year. After reaching the goal, it can form an annual production capacity of 30,000 tons of high-end aluminum extruded profiles for new energy vehicles, 200,000 pieces of energy storage modules and precise structural parts for automotive PACK. According to local media reports in Sichuan, Changying precision lightweight materials and precision structural parts production base is one of the representative projects that Zigong High-tech Zone has successfully introduced by focusing on leading industries to attract investment. Since the beginning of this year, the high-tech zone has successfully introduced 9 major projects in the new energy and advanced materials industry, such as Ningde Times new lithium copper foil, Jiangsu Tianjun power battery pack precision structural parts, focusing on the "3+1" leading industries of intelligent manufacturing, new energy, advanced materials and modern service industry. The total investment of the above projects is more than 5 billion yuan, and the output value is expected to reach 10 billion yuan after reaching the target. It is not difficult to judge from the above information that Zigong project of Changying Precision is still arranged around the car factory and battery factory of well-known downstream enterprises. Previously, Changying Precision in Shanghai Lingang new energy vehicle components production base and in Sichuan Yibin, Changzhou Liyang, Fujian Ningde and other places invested and built power battery structural parts production base, are around the downstream well-known new energy vehicle manufacturers and power battery manufacturers for capacity layout. Thanks to the production of major new energy vehicles and power battery structural parts, Changying Precision's new energy business revenue also increased. According to the financial statements over the years, the operating revenue contributed by Changying's new energy vehicle components business from 2018 to 2021 was 236 million yuan, 405 million yuan, 503 million yuan and 1.129 billion yuan respectively, which increased nearly four times in 3 years. < /p>
The above data show that Changying Precision's new energy vehicle-related business is in a state of rapid growth, and the production of Zigong lightweight materials and precision structural parts production base is expected to further accelerate the development of the company's new energy related business.
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