What is the company’s status on acquiring new precision die-casting projects and its future capacity planning?

2021-08-26 00:00
 192
Huayang Group's answer: In the first half of this year, the precision die-casting business continued to maintain a high growth trend, with operating income increasing by 72.02% over the same period last year. The company has successfully introduced new projects from customers such as Tyco, Shanghai UMC, Wuhu Weipai, DJI, Germany Hella, Fulin Precision, North American and European ZF, and RoboSense, and orders for new energy vehicle-related projects continue to increase. The company's precision die-casting business will focus on the layout of lightweight (energy-saving) automobiles and contribute to the country's "dual carbon" goals. At present, according to the demand for orders on hand, the third phase of the capacity expansion project of Huayang Industrial Park is under construction.