Anhui Xinbo Aluminum

Anhui Xinbo Aluminum Co., Ltd. announced it will invest 24.6 million yuan of its own funds to establish the Chuzhou Xinbo Alloy Materials Research Institute Co., Ltd. in Chuzhou, Anhui Province, with a registered capital of 30 million yuan, holding an 82% stake. The institute will focus on R&D in high-strength aluminum alloys and battery aluminum shells.