On Aug 18th and 19th, 2022, Ka Shui Group participated in the “12th New Energy Vehicle International Forum” taken place in Suzhou with our self-developed new material “High Thermal Conductivity Rare-earth Magnesium Alloy”. The magnesium alloy with high thermal conductivity can solve the problems of heat dissipation faced by vehicle electronic parts, and hence gain in popularity among our customers. During the forum, Ka Shui Group was accredited with “Outstanding Contribution Award in NEV Industry” by the organizing committee of The 12th New Energy Vehicle International Forum. This award is intended to compliment Ka Shui’s contribution in providing outstanding and stable production services to auto parts industry.

In recent years, the new energy vehicle industry has grown exponentially. Meanwhile, the production progress of new energy vehicle parts has been hit by the power cuts in many areas across our country. In meeting the substantial increase in orders from our vehicle customers, Ka Shui allocated resources proactively so as to arrange various orders in a proper way, along with placed more human resources and invested advanced equipment to maintain stable production services.

Additionally, the raw material price of magnesium and aluminum alloy has become volatile. Ka Shui has taken various measures to safeguard the stability of the material price. Also, we have been strengthening our internal management, optimizing production process and enhancing the production automation with a view of reducing the production cost and maintaining the stable product price for our customers.