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Yuefeng New Materials: Plans to invest no more than 360 million yuan to establish a new aluminum profile production base in Morocco

April 27, 2026
On April 26th evening, Yuefeng New Materials announced that it intends to use its British subsidiary, Yuefeng Aluminum Products Co., Ltd., as the investment entity to establish a wholly-owned subsidiary in Morocco and build a new aluminum profile production base. The investment amount will not exceed 360 million yuan.
 
The announcement states that the implementation location of this project is the Tangier Technology City in Morocco, and Yuefeng Aluminum Products holds 100% of the shares of the Moroccan subsidiary. After the project is completed, it is expected to achieve an annual production capacity of approximately 48,000 tons of aluminum profiles. The main products include automotive lightweight aluminum profiles, architectural aluminum profiles and industrial aluminum profiles. This will serve as an important production base for the company to expand its market reach in Europe and North Africa.
 
It is worth noting that this is the second major investment made by Yuefeng New Materials in Morocco. The main products include new energy battery shells, vehicle body structural components, etc. The newly-built aluminum profile base will form a synergy with this joint venture project, further improving the company's industrial layout in the overseas market.
 
Yuefeng New Materials stated that after the project is completed, some of the products will provide support for Morocco, ensuring the stability of the company's raw material supply. On the other hand, Europe is currently the main export market for the company. Compared with directly exporting products, through local supply, it helps to reduce overall costs, improve service efficiency, alleviate the impact of trade barriers, and better participate in local market competition.
 
In recent years, with the rapid development of the European new energy vehicle market and the rise of trade protectionism, an increasing number of Chinese auto parts enterprises have chosen to set up production bases overseas in order to avoid trade barriers and shorten the supply chain response time.