Shandong Huichuang Materials Technology Co., Ltd.

Shandong Huichuang Materials Technology Co., Ltd., a subsidiary of Shandong Huixin Development Group, was established in 2022 with a registered capital of 100 million yuan and currently has more than 200 employees. The company focuses on the research and development and production of high-end new materials such as cold-rolled steel sheets, zinc-aluminum-magnesium steel sheets, and high-strength steel.

Currently, the company is steadily advancing its "Provincial Key Project"—a project to produce 1.2 million tons of export-oriented galvanized aluminum-magnesium new materials and high-strength steel annually. The project has a total investment of approximately 1.3 billion yuan and includes two 450,000-ton-per-year galvanized aluminum-magnesium production lines, two 150,000-ton-per-year high-strength steel production lines (already completed and put into operation), and a supporting 1.2 million-ton-per-year pickling and rolling production line. This pickling and rolling production line, serving as a key raw material supply line for galvanized aluminum-magnesium and high-strength steel, will begin trial operation in October 2025. It utilizes a 1450mm six-roll, six-stand pickling and rolling mill with a maximum rolling speed of 1800m/min, making it one of the highest-speed domestically produced pickling and rolling mills; the thinnest rolling thickness is 0.18mm, and the technology has reached advanced domestic and international levels.

Upon completion, the project will have an annual production capacity of 900,000 tons of galvanized aluminum-magnesium new materials and 300,000 tons of high-strength steel. Product thickness will range from 0.20 to 4.50 mm, and width from 900 to 1250 mm. These products fall under the category of high-end new materials, featuring high surface hardness, excellent abrasion resistance, superior welding and painting performance, and environmentally friendly production processes. They can be used in solar thermal, photovoltaic, electrical cabinets, high-corrosion-resistant color-coated steel sheets for building applications, home appliances, and automotive structural components. With a broad market prospect and high added value, the project will significantly improve the homogeneous competition in the sheet metal industry in Boxing County, leading the industry towards specialization, refinement, and innovation.

The project is expected to create approximately 500 new jobs, effectively alleviating local employment pressure; upon reaching full production capacity, it is expected to generate approximately 8 billion yuan in new annual revenue, injecting strong momentum into the company's revenue growth; and it is also expected to generate approximately 50 million yuan in new annual taxes, making a positive contribution to national and local finances.