Shanxi Yinguang Huasheng Magnesium Industry Co., Ltd. was founded in 1988. It is a vice president unit of the China Magnesium Industry Association, an excellent enterprise in Shanxi Province, a main enterprise in the Shanxi magnesium aluminum deep processing industry chain, a Hubang enterprise in Yuncheng City, and one of the top ten meritorious enterprises in Yuncheng City. It has 11 subsidiaries, covers an area of 1 million square meters, employs 3200 people, and has a total asset of 1.3 billion yuan. It has an annual production capacity of 65000 tons of raw magnesium, 30000 tons of magnesium alloys, and 50000 tons of magnesium deep processing products.

  In recent years, the company has deeply implemented new development concepts, adhered to innovation leadership, digital empowerment, green transformation, accelerated industrial transformation and upgrading, and maintained a strong momentum of high-quality development. At present, the company's seven deep processing production lines, including die-casting, extrusion, forging, plate rolling, and casting, have all achieved industrial production, forming a comprehensive and technologically complete magnesium deep processing system, which has played a demonstration and driving role in the transformation and upgrading of the magnesium industry in the city, the province, and even the whole country.

  The company currently has a nationally recognized enterprise technology center, a national local joint engineering center, and a postdoctoral research workstation. The Shanxi Magnesium Aluminum Alloy Innovation Center was also put into operation in the second half of 2021, further enhancing the company's technological research and development capabilities. The company has established industrial, academic, research and application cooperation relationships with more than 20 well-known domestic research institutes, and has successively undertaken more than 20 "863" and "973" scientific and technological support, national defense and military industry planning projects, and has been granted 38 patents.

  After long-term technological research and market development, the company has formed four major series of products: firstly, it has successfully entered the automotive field. Forged automobile wheels and various die-cast automobile parts have achieved mass production, and silver products have steadily established themselves in the automotive industry, achieving a "win-win" situation with a large number of automobile manufacturers. The second is to successfully enter the field of rail transit. The successful development of magnesium alloy precision extruded profiles for high-speed rail and subway installation has had a significant impact on promoting the progress of lightweight technology in rail transit. The third is to successfully create a 3C high-end series of products. We have successively produced computer boards, mobile phone frames, and other products for high-end customers both domestically and internationally, greatly expanding the industrial chain. Fourthly, the magnesium alloy series of deep processing products produced have been successfully applied in the military and aerospace fields, demonstrating a silver light responsibility for military construction and national defense.