APALT announced its plan on Dec. 9 to increase its capital by over 567 million yuan ($86 million) to one of its subsidiaries for the expansion of its plant in Nantong City, Jiangsu Province. The company is adding a new extrusion production line with an annual capacity of 40,000 tons to meet the growing needs of lightweight vehicles.

Headquartered in Wuxi, Jiangsu Province, APALT is a listed company in Shenzhen Stock Exchange and one of the major manufacturers of aluminum extrusions for automotive industry.


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