Recently,henan dewei technology co.,LTD.("dewei shares")announced that the company has publicly issued 17.997 million shares on the"new three board",raising 96.284 million yuan.The capital raising is mainly used for investment in new production line of magnesium alloy wheel hub.

It is understood that the capital raised by shares of devi is mainly used for the construction of the second production line of the company's new product line--magnesium alloy wheel hub and the follow-up improvement of the first production line,as well as the increase of various types of research and development and trial production of new products,as well as the addition of working capital.Of this amount,84.87 million yuan is used for project investment,pilot production and batch production,and 11.43 million yuan is used to supplement working capital and pay relevant issuing expenses.

According to devi,the fund raising will help the company speed up the mass production of existing new product models,enrich the product structure,enhance the company's comprehensive competitiveness and anti-risk ability,and further enhance the company's magnesium alloy wheel hub production capacity.

Sun qiujian,director of dw shares,said that in 2018,dw had a hard time.The first production line of the project with an annual output of 1 million aluminum-magnesium alloy wheel hubs was in normal operation.Under the severe pressure of environmental protection,the company achieved revenue of 210 million yuan,a small increase over the previous year.In October 2018,magnesium alloy automobile wheel hub was selected into the first batch of key new materials application demonstration guidance catalogue(2018 edition)of the ministry of industry and information technology.In November 2018,classification of strategic emerging industries(2018)was published on the official website of the national bureau of statistics,and magnesium alloy automobile wheel hub was listed among them.Facing the future development,the chairman said that dewei will unswervingly respond to President xi's call and never forget its original intention.

In 2009,henan kerwell alloy material co.,LTD was formally established,which is the first genuine sino-foreign joint venture in changge city,henan province.In November 2014,cowell completed the shareholding system reform and officially changed its name to henan dewei technology co.,LTD.The company is located in the national mineral demonstration base of changge city,henan province,covering an area of 120,000 square meters and a building area of 55,000 square meters.The company is located in changge city,henan province,the national mineral demonstration base,is located in the central plains,west of jingguang railway,jingzhu expressway,107 national road,north of xinzheng international airport 25 kilometers,convenient transportation,labor resources and can make full use of local waste magnesium alloy raw materials,has unique cost advantage.

The company takes the diversification management,the main product has the die-casting magnesium alloy,magnesium aluminum alloy profile,magnesium alloy automobile wheel hub.The company's products fully meet the national high-end metal structure materials to light weight,high strength,large specifications,high temperature resistance,corrosion resistance,fatigue resistance direction.On the basis of die-casting magnesium alloy,we are more excelsior in profile extrusion.With the tenet of"quality first,science and technology innovation",the company has established good cooperative relations with domestic and foreign customers with good reputation,which has laid a solid foundation for the further development of the company.

The company's development pace is solid and powerful.On July 28,2015,the company was officially listed on the new third board,marking a big step forward to the capital market.In July 2016,it entered the innovation layer of the new third board,marking that dewei shares is one of the high-quality enterprises selected by 10%standard among more than 10,000 enterprises listed on the new third board.In February 2017,devi shares were selected as the"best supplier"of mobike;In March 2017,dewei shares were selected as"top 20 enterprises of 2016"by xuchang municipal people's government.

Now,shares,has developed with 15 aluminum magnesium alloy profile production line,three magnesium aluminum alloy spraying production line,two line,1 magnesium alloy automobile wheel hub line,can be an annual output of 20000 tons of automobile wheel hub 350000,magnesium alloy aluminum,25000 tons of modern science and technology enterprises,become the largest in surrounding areas of zhengzhou aluminum magnesium alloy material processing enterprises.

(die casting weekly)