Shanxi Wenxi Yinguang Magnesium Co., Ltd

Company Description

Shanxi Shanxi Wenxi Yinguang Magnesium Co., Ltdnxi Yinguang Magnesium Group, located in Wenxi Yao Village Industrial Park, was built in 1988, is China&＃039;s largest magnesium and magnesium alloy production enterprises is one of China Nonferrous Metals Industry Association, vice president of Chapter Magnesium units and municipal enterprises. Companies under the jurisdiction of Shanxi Yinguang metal products company, Yinguang HuaSheng Magnesium Corporation, Yinguang Zhengfan Magnesium Corporation, Yinguang Yang corner Magnesium Corporation, silver steel companies, Yinguang Huaxing Cement, constant magnetic Industry Branch, Silver Light magnesium plant, the company Yinguang Huarui, silver magnesium Sinorama the development of new technology companies, such as silver alloy factory 11 subsidiaries. The company occupies more than 50 million square meters, more than 5, 000 employees, total assets of 465 million to form a nativeé??é?­50, 000 tons, 30, 000 tons of magnesium alloy, magnesium used to restore the 30, 000 cans, 50, 000 tons of cement, deep processing of magnesium alloy 1 production capacity of 10, 000 tons. More than 95% products are exported to the United States, Canada, Germany, Britain, Italy and other countries. The original 2006 production of 42, 000 tons of magnesium, an increase of 12.3%; 18, 400 tons of magnesium alloy, an increase of 8.2%; magnesium powder, die-casting, extrusion profiles, sacrificial anode, continuous cast rods and other deep-processed products more than 9000 tons, up growth of 60%; Sales revenue 890 million yuan, up 21.9 percent; realize profits 40 million yuan, up 21.4 percent; turned over profits and taxes 32 million yuan, an increase of 79 percent; 47 million U.S. dollars foreign exchange earned through exports. In recent years, the Company and Tsinghua University, Chinese Academy of Sciences, Changchun should be of the metal by the West, such asÃ¥??工大set up a long-term technology partnership, through research, we developed heat-resistant magnesium alloy creep resistance, high strength and high toughness magnesium alloy, the military use of large-diameter continuous cast rod, Britain&＃039;s largest export tonnage sacrificial anode, as well as the level of the world&＃039;s leading continuous casting of magnesium alloy sheet of new products; the company assumed the national scientific and technological project 863 "Magnesium and Its Alloys industrialization" official acceptance through the country; the Company&＃039;s production of magnesium alloy for large-diameter rod and slab casting Products by section 63 of the General Assembly session of the World Magnesium Products of outstanding first prize, which is China&＃039;s first award. National Ministry of Science and Technology was named "National Magnesium and magnesium alloy industry base." Shanxi Province, 80 were classified as large-scale square one. Recently, I co-led by the declaration of scientific and technological support to the National Eleventh Five-Year Plan "Magnesium and Its Alloys key technology research" has been formally approved the National Ministry of Science and Technology project, which proves that our technology research and development company has entered the national team level. To maintain good long-term development, sustainable economic growth, enterprise comprehensive strength. 97 years for such self-import and export rights, 98 years passed the ISO9002 quality system certification in 2001, Volkswagen VDA6.1 passed quality system certification, in June 2003 through 14001 environmental management system certification, in April 2006 adopted the ISO16949 international quality certification, the company for many years was the financial sector as the AA + credit rating business, business management level improved steadily. Yinguang Magnesium Group has become one of the nation&＃039;s largest industries, the most powerful deep-processing enterprises.