MG Technology(Shenzhen) Co.,Ltd. Was Named National

ARTICLE OF 2012-03-11
Recently, MG Technology (Shenzhen) Co.,Ltd.(MG), one of subsidiaries of Ka Shui Group, was honored as the "New and High Technology Enterprise", which means it entitled to enjoy a 3-year 15% preferential income tax rate from January 2011.

Established in 2003, MG Technology (Shenzhen) Co.,Ltd., focuses on providing Mg and Al alloy die casting parts and leads the R&D of Mg die casting technology and application. By cooperating with reputable institutes such as Tsinghua University, Hong Kong Polytech University, Chinese Academy of Science (CAS) and Hong Kong Productivity Council (HKPC), it devotes to developing new materials, advanced techniques and equipments.

Its technologies, like the Die Casting cum Forging Dual Forming Technology, Magnesium Surface Activation and Hybrid of Magnesium and Plastic have been patented. MG is also a national demonstration base for Mg alloy application and has been called on by China's 11th Five year plan.

To adjust Ka Shui's upgrade plan, MG has further enlarged its investment in R&D, introduction of advanced equipments, management and innovations for years, and extraordinary achievements has been made. The judgment for "Hi-Tech Enterprise" has been very strict by detail investigation on enterprises' financial structure, R&D projects, operational management and strategic plan. This time, the honor displays competition of the subsidiary, and more about leadership and strategically vision of Ka Shui management.