As reported by Die Casting Weekly from China, FAW Foundry Co., Ltd. (hereafter referred to as FAW Casting and Forging) announced that the company has significantly increased its production and efficiency since the fourth quarter of 2024. For two consecutive months, production surpassed 24,000 tons of castings, with an annual production volume reaching 260,000 tons – the best level in the past three years. Annual revenue rose by 7% year-on-year, while sales in external markets grew by 22.8%. This ensured that the annual profit target was successfully achieved.
At the same time, strategic projects were completed, including the development of the EH7-integrated rear floor and the advancement of semi-solid magnesium alloy casting technology.
Source: CHINA FAW GROUP CO., LTD.
