APALT: Plans to invest 210 million yuan to construct a lightweight aluminum material production line technology transformation project

APALT announced that its wholly-owned subsidiary Anxinda plans to invest its own or raised funds to construct the "Automotive Lightweight Aluminum Production Line Technology Renovation Project," with a total investment of 210 million yuan. Upon completion of the project, Anxinda will have an annual production capacity of 30,000 tons of aluminum alloy melting and processing, achieving an annual supply capacity of 30,000 tons of automotive lightweight aluminum materials