Congratulations on our company's joint investment with Xinjiang Zhonghe and Qianhaihehui to establish Xinjiang Graphene New Mate
On June 8, 2017, our company jointly invested with Xinjiang Zhonghe Co., Ltd. and Shenzhen Qianhai Unihui Materials Technology Co., Ltd. to establish Xinjiang Graphene New Material Technology Co., Ltd. (tentative name, hereinafter referred to as joint venture company), using China Aerospace (Aircraft Institute) technology, joint development of graphene aluminum alloy wire rods.
Graphene aluminum alloy wire rods are made of aluminum powder and graphene. The joint venture company will use the high strength and good electrical conductivity of graphene and the characteristics of coarse and fine coexistence in the production of aluminum powder. It is a graphene/aluminum composite material, which can improve the strength and electrical conductivity of aluminum cables, so as to meet the urgent demand for high-strength and high-conductivity aluminum wire cables with high transmission lines.
After the project is completed, there will be a demand of 50,000-100,000 tons of aluminum powder, especially for coarse powder. As a leading aluminum powder manufacturer in China, our company has the advantages of supplying aluminum powder technology and scale production. The joint venture company will give priority to the use of our company's aluminum powder products, thereby reducing its production costs and at the same time improving our company's coarse powder market. The market share and market share have greatly promoted the extension of our product industry chain.