KSM Qinhuangdao Auto Parts Manufacturing Co., Ltd announced its establishment on Nov. 1, 2013. The company, covering an area of 66,700m2, with its plant covering 30,000m2, is located in the Citic Dicastal Industry Park of Qinhuangdao Economic and Technological Development Zone, China. The project is expected to be completed in Sep. 2014, with an annual capacity of 20,000 tons of lightweight aluminum-alloy auto castings.
KSM Qinhuangdao Auto Parts Manufacturing Co. Ltd. will keep the diversified development way of Citic Dicastal. Its products include power trains-related parts, Chassis modular parts and body parts. The establishment of KSM Qinhuangdao is an effective step in localization of leading foundry technology and process of KSM Group in China after the acquisition of KSM Germany by Citic Dicastal. It will commit itself to the energy-saving and eco-friendly of China’s auto industry and further promote the development of China’s auto parts industry.