New Aluminum Era: plans to invest no less than 500 million yuan to build a project to produce 800,000 sets of lightweight high-strength new energy vehicle components annually.

date
03/08/2025
Announcement of the New Aluminum Era: Wholly-owned subsidiary Aluminum Era intends to sign the "Investment Cooperation Agreement for the Annual Production of 800,000 Sets of Lightweight High-Strength New Energy Vehicle Components Project" with the Management Committee of the Nanchuan Industrial Park in Chongqing. The total investment amount will not be less than 500 million yuan, to construct a project for the annual production of 800,000 sets of lightweight high-strength new energy vehicle components. The company held the 22nd meeting of the second session of the Board of Directors on July 31, 2025, and approved the relevant proposal, authorizing the Chairman of the company or relevant authorized personnel to handle the specific matters of this foreign investment. This investment does not constitute a related party transaction, nor does it constitute a significant asset restructuring. The project funding will come from self-owned and self-raised funds, and the project construction period is approximately 2 years.