In December 2012, Chongqing Baosteel Meiwei Wheel Co., Ltd. held a groundbreaking ceremony at Yufu Industrial Park, Chongqing Liangjiang New District. After the project is completed, it will provide convenient and efficient personal service for the surrounding auto users, which marks a solid step forward for the development of auto parts industry of Baosteel. It is reported that the establishment of Chongqing Baosteel Meiwei Wheels Co., Ltd. project is an important step taken by Baosteel in the development of auto parts wheels business. After the project is completed and put into production, it will not only produce high-quality traditional steel wheels, but also will use Baosteel's high strength. Steel production lightweight and beautiful large vent steel car wheels instead of aluminum wheels. The main equipment of the project's production line is imported from the United States and Europe. The automation of the connection between domestically-made auxiliary equipment and imported equipment is the first domestic independent integration. In terms of process technology, not only Baosteel's support, but also the technical support of Italian Magenetto Company. According to relevant sources, the accelerated development of Baosteel's auto parts industry will, to a large extent, stimulate the development of the foundry industry.
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