COMPANY NEWS

On April 2, the strategic cooperation signing ceremony between Bojun Technology and LK Group was held in Kunshan, Jiangsu. Representatives from both parties attended and witnessed this significant moment for the development of the magnesium industry, officially launching a new chapter of deepened cooperation in the field of magnesium alloy forming.

As a National Specialized and Sophisticated “Little Giant” Enterprise and a National High-tech Enterprise, Bojun Technology (Stock Code: 300926) has long been deeply engaged in the R&D, design, manufacturing and sales of precision automotive molds and components. Backed by a portfolio of core processes including mold design and manufacturing, precision stamping, laser welding, hot forming, laser cutting and integrated die-casting, the company has secured its position as a key global supplier for the new energy vehicle industry, earning strong recognition for both its technological capabilities and market reputation.

Bojun Technology first entered into cooperation with LK Group in 2023, taking the lead in introducing multiple large-sized intelligent die casting units from LK, including 1650T, 2500T, 3500T, 5000T and 9000T models, together with high-end die casting post-processing equipment from the GU2616 series and LHU series, thereby establishing a complete integrated “die casting + machining” solution system. Supported by this capacity layout, Bojun Technology successfully commenced volume production of integrated die-cast products such as rear floor panels, shock towers, front-end modules and rear side inner panels, precisely addressing the lightweighting needs of new energy vehicles while further strengthening its core technology barriers and significantly enhancing its market competitiveness.

At present, the magnesium alloy industry is entering a new cycle of accelerated demand release, and the broader magnesium sector is embracing a strategic window for high-quality development. Seizing this momentum, Bojun Technology has once again chosen to collaborate with LK Group, comprehensively stepping up its presence across the entire magnesium alloy forming value chain. This new phase includes the further introduction of LK’s giga intelligent die casting units, covering 10,000T, 9,000T, 7,200T, 5,000T, 3,000T and 800T, along with more than ten sets of high-precision supporting machining equipment, laying a solid hardware foundation for magnesium alloy production.

Through this cooperation, the two parties will focus on high-end applications for lightweight magnesium alloy materials and deeply implement LK Group’s world-leading TPI magnesium alloy semi-solid thixotropic forming technology. Together, they will target technical challenges in the forming of complex, large and thick-wall magnesium alloy parts used in NEV e-drive assemblies, body structural components, door panels, seat frames, instrument panel frames, interior components, and structural parts for embodied intelligent robots. By breaking through industry bottlenecks, the partnership aims to accelerate the conversion of cutting-edge technological achievements into scalable industrial applications, injecting strong momentum into the broader use of magnesium alloy materials in high-end manufacturing and the industrial upgrading of the magnesium sector.

In the next stage, LK Group will mobilize its superior resources to fully ensure the production progress of the relevant die casting equipment, strictly control delivery schedules, and guarantee on-time implementation. At the same time, LK Group will establish a one-stop service system covering the entire process: providing dedicated site planning and professional technical training in the pre-production stage; offering trial production, commissioning, process optimization and on-site ramp-up support during production; and delivering 24/7 rapid-response technical support after operations commence. Through a dual-engine model of hardcore manufacturing + exceptional service, LK Group will build an efficient, stable and sustainable supply ecosystem to safeguard the efficient operation of Bojun Technology’s magnesium alloy business.

China possesses the world’s most abundant magnesium resource reserves and is the world’s largest magnesium producer, with a strong industrial foundation. In 2026, the magnesium industry is reaching a critical inflection point marked by continued improvement in the supply-demand structure, explosive market demand growth and strong policy support. This is precisely the golden window for enterprises to expand into the magnesium industry chain, secure quality orders, broaden market channels and achieve technological iteration and upgrading.