# UACJ forms joint venture with CITIC Bohai Aluminum and CITIC Dicastal

UACJ Corporation agreed to form a joint venture with CITIC Bohai Aluminum Industries and CITIC Dicastal to manufacture automotive aluminum extruded parts, starting with bumpers and battery casings, in China. UACJ will hold 40%, CITIC Bohai 51%, and CITIC Dicastal 9%.

- Type: Acquisition
- Announced: 2019-03-28
- Where: China
- Status: announced
- Products: automotive aluminum extruded parts, bumpers, battery casings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [CITIC Dicastal](https://endata.com/companies/19653.md) (partner)
- [UACJ](https://endata.com/companies/19822.md) (partner)
- [CITIC Bohai Aluminum Industries Holding Company](https://endata.com/companies/38193.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/UACJ-CORPORATION-6498286/news/UACJ-to-Form-Joint-Venture-with-CITIC-Bohai-Aluminum-Industries-and-CITIC-Dicastal-34365445/), 2019-03-28: "The new company will manufacture automotive extruded parts and components, beginning with vehicle bumpers and battery casings."

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