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APALT signed an investment promotion agreement with Shenyang Huishan ETDZ to build a northeast China headquarters production site for lightweight automotive aluminum semis (Phase I) in Shenbei New District. Total investment is 600 million yuan, with expected annual output of 1.2 billion yuan and additional aluminum extrusion capacity of 50,000 mt upon full production.
“APALT recently announced that it has signed an 'Investment Promotion Agreement' with the Management Committee of Shenyang Huishan Economic and Technological Development Zone.”news.metal.com
Summarized from public sources; check the original articles before acting on it.