ESD plans to invest 498M yuan in lightweight alloy component facility in Tianjin

ESD, through its wholly-owned subsidiary SD (Tianjin) Auto Parts Co., Ltd., plans to invest approximately 498 million yuan to build a production facility for lightweight aluminum-magnesium alloy components (Phase 1) in Tianjin, China. The proposal was approved by the board on October 26, 2026, and still requires shareholder approval.

“SD issued a statement stating that, in order to meet the company’s development needs, its wholly-owned subsidiary SD (Tianjin) Auto Parts Co., Ltd. plans to invest in the construction of a production facility for lightweight aluminum-magnesium alloy components (Phase 1).”aluseek.com

• 1 source
• aluseek.comESD: Plans to invest in the construction of a production facility for lightweight aluminum-magnesium alloy components (Phase 1) | AluSeek.comNov 6, 2026

Summarized from public sources; check the original articles before acting on it.