Data sourced from the Aiqicha App reveals that Shaanxi Non-ferrous Metals Magnesium-Based Advanced Manufacturing Co., Ltd. has made its debut, with Yan Wenhao appointed as its legal representative and a staggering registered capital of 1 billion yuan. The company's operational scope is quite extensive, encompassing the casting and rolling processing of non-ferrous metals, the fabrication of forged components and powder metallurgy products, as well as the smelting of common non-ferrous metals, among other activities. Further scrutiny of the shareholder details indicates that this new entity is a wholly-owned subsidiary of Shaanxi Non-ferrous Metals Holdings Group Co., Ltd.
