In early July, CITIC Guoan Mengli Power Technology Co., Ltd. (hereinafter referred to as “Xuguliâ€) signed a strategic cooperation agreement with SAIC. The two parties will comprehensively expand and deepen cooperation in the field of new energy vehicles on the basis of existing cooperation. . This is also a highlight of the package of strategic cooperation agreements signed by CITIC and SAIC on July 4. CITIC, SAIC signing ceremony site A person in charge of Meng Guoli told reporters that Meng Guoli had established a good cooperative relationship with SAIC Shenwo. At the same time, it also carried out scientific research with SAIC Group's new energy business unit on some new energy vehicle projects. Cooperation has laid a good foundation for the follow-up cooperation between the two sides.
The die casting process involves the use of a furnace, metal, die casting machine, and die.
The metal, typically a non-ferrous alloy such as aluminium or zinc, is melted in the furnace and then injected into the dies in the die casting machine. After the molten metal is injected into the dies, it rapidly cools and solidifies into the final part, called the casting parts.
The castings that are created in this process can vary greatly in size and weight, ranging from a couple of ounces to 100 pounds. One common application of die-cast parts are housings - thin-walled enclosures, often requiring many ribs and bosses on the interior.
Metal housings for a variety of appliances and equipment are often die cast.
Several automobile components are also manufactured using die casting, including pistons, cylinder heads, and engine blocks. Most home appliances also need lightweight and r aluminum die castingheat dissipation . Other common die cast parts include propellers, gears, bushings, pumps, and valves.
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The agreement shows that Menggu Li and SAIC will jointly develop new energy vehicle products market, closely cooperate with new energy vehicle demonstration projects across the country, technology research and development, process improvement, manufacturing, talent exchange and market in vehicle and power battery systems. Promote application and other aspects to build a closer and more stable relationship; in addition, we will strengthen cooperation in vehicle announcement, standard setting, database construction, etc., to achieve complementary advantages and information sharing. Through in-depth and comprehensive cooperation, the two parties aim to promote more stable and rapid development of the new energy vehicle market. 
According to the reporter's understanding, as early as 2009, Mengguli Power Company began to cooperate with SAIC's Shenwo Bus Company on new energy buses. At the 2010 Shanghai World Expo, 120 vehicles provided by SAIC Group Shenwo Bus Company. In the pure electric bus project using lithium-ion battery system, Mengguli Power Company provided 116 sets of power battery products for 60 of the pure electric buses. These vehicles were merged into Shanghai after completing the mission of the Expo. public transport system. At present, Menggu Li is providing battery systems for Shenwo's hybrid buses and plug-in hybrid buses, which will be used for bus operations in Shanghai Pudong and Puxi.
The official signing of the strategic cooperation between SAIC and the alliance will further broaden the scope of cooperation between the two parties in the new energy vehicles. In the future, new energy vehicles such as the SAIC Roewe series are expected to be equipped with the Mengguli power battery system. The future advancement into the new energy vehicle sector and the realization of the company's strategic transformation will have important promotional significance.
Among the domestic power battery backbone enterprises, the application of Mengguli power battery products has covered energy-saving and new energy vehicles of various technical routes such as pure electric, hybrid and plug-in hybrid. In the first half of 2014, Mengguli has achieved better market performance.
According to the person in charge, “As the subsidy policy for hybrid buses has not been introduced, the market is not prosperous, but our products have been recognized by customers for their stable performance and high fuel economy. Therefore, we have maintained good sales. Since the first half of the year, Mengguli has obtained more than 1,000 sets of hybrid bus battery orders. Compared with the plug-in hybrid bus, the overall sales volume of the industry has soared due to favorable policies. Mengguli has sold nearly 600 sets of plug-in hybrid passenger car power battery products. After entering the second half of the year, the company will gradually shift its product promotion focus to plug-in hybrid vehicles and pure electric vehicles.
According to statistics, the company's products have occupied nearly 20% of the market share in the energy-saving and new-energy vehicle power battery system with lithium battery as the power system. It is expected that the sales of Mengguoli in 2014 will reach about 400 million yuan.
In the first year of the recovery of the new energy auto industry, if this sales target of Mengguoli can be successfully achieved, it will undoubtedly be an eye-catching performance. The alliance between the company and the SAIC Group will accelerate the change of its main business direction in the next few years, which will also open a new era in its development model.