Yongmaotai chairman Xu Hong said at the company’s 2026 H1 results briefing that
production and sales of its aluminum-alloy liquid business are running normally.
On magnesium-alloy parts, the company has entered formal cooperation with OEMs
and Tier-1s including Luxshare, Xpeng, GM, Volkswagen, SAIC’s passenger-vehicle
unit, SAIC Transmission and BYD, has developed a range of parts and begun phased
mass production and deliveries, and expects to supply at scale in H2 and
progressively contribute revenue and profit.
