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Haomei New Materials plans to invest up to CNY 510 million through its Hong Kong subsidiary to build an aluminum profile production base in Morocco. The facility will have an annual capacity of about 44,000 tonnes of aluminum profiles for automotive lightweighting, construction, and industrial applications.
“豪美新材(002988.SZ)公告称,公司为完善全球化布局,拟以香港子公司豪美铝制品为投资主体,在摩洛哥投资设立子公司并新建铝型材生产基地。”nbd.com.cn
Summarized from public sources; check the original articles before acting on it.