The two parties will carry out regular or irregular technical exchanges on new materials, new products, new processes, and new models; they will cooperate closely and share data on new applications related to magnesium and aluminum alloys; and they will cooperate in the BAIC Group models. Lightweight material substitution, optimization design, prototype trial evaluation, etc., and cooperation in the development of dashboard components, seat brackets and other auto parts.
The announcement of the strategic cooperation framework agreement shows that Yunhai Metals and Beijing Automotive Group will also carry out the development and application of high-performance low-cost magnesium alloy components. The two sides form a special scientific research group to jointly promote new types of magnesium alloy, die casting, extrusion tube profiles, sheet metal, extrusion forging, CMT and FSW welding, hydroforming, hot stamping and other new materials, new processes on the BAIC models Trial and batch use increase the competitiveness of the models.
The cooperation agreement is valid for five years. Yunhai Metals stated that cooperation with BAIC Group is a direct cooperation with manufacturers. It has a positive impact on the company's new product development, technological improvement, and mass production of products, and promotes the promotion of the company's products in lightweight applications. The speed of communication with manufacturers directly, using their respective technologies and resource advantages to achieve resource sharing and promote mutual win-win and common development.
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