On 21st September, 2024, during the 8th Silk Road International Expo and Investment & Trade Forum for Cooperation between East & West China, the Secretary of Yulin Municipal Committee, Zhang Xiaoguang, met with Ms. Cindy Chan, Executive Director of Ka Shui International Holdings Limited (Stock Code: 822) (“Ka Shui International”) in Xi’an. In order to expand the scope of cooperation to achieve mutual benefits, Ka shui International will collaborate with the Jia County People’s Government to officially launch the Jia County’s Magnesium-Based Lightweight New Materials Project.

As a leading enterprise in magnesium alloy die-casting, Ka Shui International specializes in lightweight design and has over 40 years of experience in providing one-stop R&D and production solutions for multiple domestically and internationally well-known brands, as well as over 20 years of experience in magnesium alloy die-casting. Its self-developed high thermal conductivity magnesium alloy material exhibits excellent performance and unique innovation, with its density comparable to that of commonly used magnesium alloys and thermal conductivity being twice that of the commonly used magnesium alloy AZ91D. It is widely used in high-end notebooks, AR/VR wearable electronic products and automotive electronic components.

This cooperation focuses on magnesium-based lightweight new materials, aligning with the lightweight development trends in the automotive, aerospace, and electronic communication industries, etc. This project will not only bring new impetus for economic growth and job opportunities in Jia County, but also expand the market share of Ka Shui International in the magnesium alloy field. With the concerted efforts of both parties, it is believed that magnesium-based lightweight new materials will be extensively used in multiple sectors, making outstanding contributions to the transformation, upgrading as well as sustainable development of China’s manufacturing industry.