In recent years, with the support of the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the State-owned Assets Supervision and Administration Commission, the State Administration of Science, Technology and Industry for National Defense and the local competent authorities, the reorganized Guangxi Alnan Aluminium Fabrication Co., Ltd. has worked together with Northeastern University and Guangxi Advanced Aluminum Processing Innovation Center to implement the major short-board equipment and supporting project of high-end high-precision aluminum.
It is known that the project, with a total planned investment of 642.2609 million yuan, is to be completed within 5 years. And it is estimated to create the extra annual sales income of 660 million yuan, make a total profit of 208.8116 million yuan, and pay the tax of 113.1366 million yuan after reaching the target output following completion. Up to the end of April, the basic construction of the newly-added 3,800mm roller hearth quenching furnace has been completed, and the equipment will be installed in May. It is expected to be finished and put into production in October. The supporting facility -- 50-ton annealing furnace equipment -- will be installed and put into use by the end of May at the soonest. And the under-construction equipment of other sub-projects will be completed and put into operation either this year or the following year. The implementation of this project will make the company the standard-bearer in the field of aluminum processing in China, boost the industrial upgrading of Guangxi Investment Group Co., Ltd., and contribute to the state construction and Guangxi’s construction.