Huada Technology's die-casting capacity project is about to start production

Huada Automotive Technology Co., Ltd. plans to launch a 50,000-ton annual light alloy die-casting capacity project in the first quarter of 2024. The first phase of the project has started construction in September 2023 and is expected to be completed and accepted in May 2024, with mass production and sales starting in June. The implementation of the second phase of the project will be determined based on the production of the first phase and market demand. After the project is completed, the company will have the production capacity of low-pressure casting and integrated high-pressure casting products, focusing on aluminum alloy casting, machining and assembly pre-assembly business.