On March 17, 2011, the cold-rolled steel project with a total investment of RMB 1.7 billion was officially put into operation in Guangzong County, Hebei Province, marking the start of the Guangzong equipment manufacturing industry. On the same day, the first car beam produced using the seamless technology was successfully rolled off the assembly line. The project was built by Xingtai Cold-formed Steel Co., Ltd. It mainly produces cold-formed profiles and high-strength aluminum alloy stainless steel wheels and other products. It is the exclusive enterprise for the production of automotive cold-formed chassis in China. The first phase of production is mainly the production of automotive parts and components, and it has the first domestic hydraulically-driven automobile beam production line. It can roll standard steel plates according to customer's requirements at one time, which is in line with the trend of lightweight, energy-saving development of trucks. The chairman of the company, Chen Guoshi, introduced that at present, only a few coastal provinces in China have just started to develop such products, which have strong market competitiveness and broad prospects. The investment in the cold-formed steel project, with a total investment of 1.7 billion yuan, is divided into three phases and is planned to be completed in five years. After reaching efficiency, it is estimated that annual output value will be 13.1 billion yuan and profits and taxes will be 370 million yuan. Aluminium Deck Panel,Aluminium Wall Panel,Aluminum Grate Decking,Aluminum Plank Decking KAM KIU ALUMINIUM GROUP , https://www.taishankamkiu.com