# 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.

- Type: New facility
- Announced: 2026-10-26
- Where: Tianjin, China, China
- Value: $69.0M (498.0M CNY)
- Status: announced
- Products: lightweight aluminum-magnesium alloy components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ESD](https://endata.com/companies/95087.md)
- [SD (Tianjin) Auto Parts](https://endata.com/companies/95088.md)

## Sources

- [endata.com](https://endata.com/announcements/113947-esd-plans-to-invest-498m-yuan-in-lightweight-alloy-component-facility-in-tianjin), 2026-11-06: "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)."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.