Baowu Magnesium and Yaoning Technology signed a strategic cooperation framework agreement

According to the strategic cooperation framework agreement, Baowu Magnesium will work with Yaoning Technology to carry out extensive and in-depth cooperation in the fields of magnesium alloy material application, lightweight automotive parts materials, new materials application in new energy industry and new energy storage scene application. The two parties will also jointly establish an efficient, coordinated and transparent management mechanism to promote the wider application of magnesium alloy materials in automotive parts and new energy industries.