ESD plans to invest 498M yuan in lightweight alloy component plant 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).”endata.com

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• endata.comESD plans to invest 498M yuan in lightweight alloy component facility in Tianjin · EndataNov 6, 2026

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