CITIC Dicastal has revised its aluminum alloy wheel supply agreement, increasing annual related-party purchase caps to RMB 11 billion in 2026, RMB 12 billion in 2027 and RMB 13 billion in 2028. The company said the higher limits reflect rising aluminum prices, stronger demand for aluminum wheels driven by the EV sector and higher expected shipment volumes. The new agreement covers only finished aluminum alloy wheels and excludes raw material purchases, while transactions will remain subject to market pricing and regulatory oversight.
Jul 2, 2026 14:43Dear Customers: CITIC Dicastal Co., Ltd. (hereinafter referred to as "CITIC Dicastal") will hold an aluminum ingot competitive procurement event in late June 2026. This procurement will be conducted on the Anhuida bidding platform of SMM Trading Center. The relevant matters are hereby announced as follows: I. Event Details • Event Time: late June 2026 (specific time to be notified later) • Event Initiator: CITIC Dicastal Co., Ltd. • Bidding Mechanism: Reverse bidding (initiated by the purchaser, the lowest bid wins) II. Procurement Target Details • Procurement Target: 99.8 aluminum ingot , AL ≥ 99.8%, FE ≤ 0.1, etc. • Brand Scope: brands such as Chalco, Weiqiao, Mengtai, Chuangyuan, Jinlian, Huomei Hongjun, Qingtongxia, Yulin, Baihe, etc. • Total Procurement Volume: 300 mt for the first session • Bid Quantity: 150 mt or 300 mt • Delivery Method: Delivered to the factory (Qinhuangdao, Hebei province) • Pricing Basis: SMM A00 aluminum average price on the bidding day + X (the best price wins) • Bidding Time: 9:30–10:00 on the bidding day • Payment Terms: Payment within 3 days after goods receipt; the seller must issue a VAT invoice in the month of delivery. III. Supplier Qualification Requirements and Instructions (I) Enterprise Qualifications Basic Requirements: Established for no less than 2 years; registered capital not less than RMB 10 million (paid-in); Manufacturers must provide a business license, IATF 16949 quality system standard certification, and a pollutant discharge permit; traders must provide a business license and proof of actual business operations. (II) Enterprise Access Suppliers must complete the following three access procedures simultaneously to obtain bidding eligibility: 1. Platform Certification: Complete registration and qualification certification on the Anhuida trading platform; 2. Supplier Onboarding: Pass the supplier access review on the CITIC Dicastal management platform and complete onboarding; 3. Fund Clearing Signing: Sign the Anhuida platform service agreement and activate the "Clearing Express" fund clearing function. (III) Trading Rules Participating enterprises must accept and comply with the trading center's trading rules for the bidding platform. For details of the trading rules, please refer to . IV. Registration and Inquiries Event Platform: () Contact for Inquiries: Han Ning: 15921865909 Wang Hanbing: 18017326572 We sincerely invite suppliers with the appropriate qualifications to actively participate and jointly build a fair, efficient, and transparent supply chain ecosystem! SMM Trading Center June 15, 2026
Jun 15, 2026 12:18According to Jinhua State-owned Capital Operation Co., Ltd., the CITIC Dicastal Integrated Die-cast Aluminum Alloy Southern Base (Jinhua) project has now entered the critical stage of building completion and product debugging, and is making a full sprint toward the goal of official production. This project is implemented and operated by Dicastal (Jinhua) Automotive Parts Manufacturing Co., Ltd., located in Jindong District, Jinhua City, Zhejiang Province. The project adopts advanced large-scale integrated die-casting technology and introduces a series of supporting equipment, including a 10,000-metric-ton die-casting machine (island), machining centers, and automated assembly lines.
Feb 28, 2026 17:17[SMM Express] It is reported that the CITIC Dicastal integrated die-casting south China base (Jinhua) project has entered the critical stage of finalizing the plant and debugging products, striving at full capacity toward the goal of official production. The project adopts advanced large-scale integrated die-casting technology and introduces a series of supporting equipment, including a 10kt die-casting machine (island), machining centers, and automated assembly lines. Upon completion and operation, it will possess an annual production capacity of 450,000 integrated die-cast aluminum alloy automotive parts.
Feb 27, 2026 17:20CITIC Dicastal and Yunnan Aluminum Signed an Agreement for an Annual Production of 8 Million Aluminum Alloy Automotive Wheel Hubs! On the afternoon of September 8, the signing ceremony for the annual production of 8 million aluminum alloy automotive wheel hubs project in Heqing County was held at the Dali International Conference Center. Yang Guozong, Secretary of the Prefectural Party Committee, and Chen Zhenyong, Deputy Secretary of the Prefectural Party Committee and Governor, held a working meeting with Zhang Yanxin, Assistant General Manager of CITIC Dicastal Co., Ltd., and Ji Shujun, Party Committee Secretary and Chairman of Yunnan Aluminum Co., Ltd., and their delegation, and jointly witnessed the signing.
Sep 21, 2025 18:44On August 1, the Standardization Administration of the State Administration for Market Regulation approved and released a batch of mandatory national standards. Among them was GB 22448-2025 "Protection Rules for Industrial X-ray Detection Equipment Below 500kV for Non-destructive Testing Instruments," co-drafted by CITIC Dicastal. This marks the second mandatory national standard the company has participated in drafting, demonstrating its sustained influence in the field of technical standardization. The involvement in formulating this national mandatory standard highlights CITIC Dicastal's deepening and expanding influence in technical standardization. Moving forward, CITIC Dicastal will continue to increase investment in technological innovation, striving to transform cutting-edge technological achievements and successful practical experiences into shared norms that drive industry progress. The company aims to contribute "CITIC Wisdom" and "CITIC Solutions" to the in-depth implementation of national standardization strategies and the high-quality development of industries.
Aug 31, 2025 23:56