On April 18, 2015, Suzhou Sanji Foundry Equipment Co., Ltd. and American SHILOH Industries successfully held the signing ceremony of the "SHILOH Sanji Light Alloy Forming Technology (Nantong) Co., Ltd. Joint Venture Project" at the beautiful Yishe Hot Spring Hotel on the shore of the Taihu Lake Lake.
      Suzhou Sanji is a well-known domestic manufacturer of die-casting and extrusion casting equipment. Since 2007, it has been the first to develop professional extrusion casting equipment in China. Currently, it has successfully developed a series of horizontal and vertical extrusion casting equipment and achieved specialized production and mass sales. Our partner for this collaboration is SHILOH, the world's largest extrusion casting production company and a globally renowned automotive parts supplier. The alliance between SHILOH Company and Suzhou Sanji Company this time is the last strong alliance in the field of squeeze casting at home and abroad. The implementation of the project will have a very important significance and impact on the development of the die-casting and squeeze casting industries at home and abroad.
     The project will be located in Jiangsu Sutong Sutong Technology Industrial Park, with a total investment of 30 million US dollars. It will build an aluminum alloy casting extrusion casting production plant with an annual output of 8000 tons. The joint venture aims to build the world's most powerful extrusion casting production base, targeting the global automotive lightweight market and providing high-quality automotive safety and structural components specifically for domestic and foreign automotive factories. At the same time, through further integration of capital, technology, and market from both sides, we will promote the advancement of squeeze casting technology to new heights in China and even globally.
    Squeeze casting is considered one of the most advanced casting processes for producing high-quality non-ferrous alloy castings by the domestic and foreign industries. With the increasing advantages of squeeze casting equipment and process technology in recent years, there has been a wave of research and application in squeeze casting at home and abroad. It is believed that the market prospects of squeeze casting will become increasingly broad. This joint venture project is in line with the development trend of high-quality casting forming technology at home and abroad.