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    Description
    The magnesium Alloy Technology Industrial Park Project of AMGAIN Shandong Magnesium Co., Ltd.
     
    I Name of the project
     
    The magnesium alloy technology industrial park project of AMGAIN Shandong Magnesium Co., Ltd.
     
    II Introduction to the project unit
     
    Based on National Engineering Research Center for Magnesium Alloys, Changchun Institute of Applied Chemistry Chinese Academy of Sciences, Dalian Jiaotong University and other institutions, AMGAIN Shandong Magnesium Co., Ltd. introduces the world's most advanced magnesium alloy chain that can provide magnesium alloy solutions for automobile, rail transportation vehicle, military, aerospace aviation, electric tools, general machinery, lighting equipment and other fields. AMGAIN Magnesium takes advanced technology and equipment as the backing, gathers high-end talents of magnesium industry, integrates various advantageous resources of magnesium industry, and makes effort to build a global magnesium industry leader.
     
    III Project content and scale of the construction
     
    The project covers an area of 800,000 square meters, with construction area of 720,000 square meters, introduces the world's most advanced semi-continuous casting, extrusion, pressure casting, plate and strip and other production lines, forming a complete industrial chain of magnesium alloy of magnesium alloy smelting - semi-continuous casting of magnesium alloy - pressure casting of magnesium alloy - magnesium alloy extrusion - plate and strip of magnesium alloy.
     
    IV Construction conditions of the project
     
    The first phase of the project has started construction, and parts of the production lines have been put into production.
     
    V Total investment of the project
     
    $ 7 million
     
    VI Market and economic benefit analysis and forecast
     
    After the project is in normal production, the average profit ratio of sales is 11.94%. The financial internal rate of return is 24.59%, and the net present value is 2.77185 billion Yuan, with strong ability to resist risks.
     
    VII Ways of cooperation
     
    Joint venture, financing
     
    VIII Contact information
     
    Contact address: Commerce Bureau of Heze City
     
    Contact person: Xu Hui
     
    Post code: 274000

    -----by Department of Commerce of Shandong Province

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  Compass foreign business service center (Abbrev. Compass) is a comprehensive agency that can provide one-stop service for foreign businessmen from around the world. It’s the professional agency that get the permission to establish by Chinese government. Compass provides one-stop agency services for foreign businessmen in China- investment, purchasing, joining electronic commerce platform and marketing.
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