On the afternoon of February 21st, Ma Zhongchao, Chairman of China Bicycle Association, received Zhong Quan, Director of Economic Cooperation Bureau of Zibo City, Shandong Province, and Vice Chairman Wang Hengqiang of Zibo Xin Leader Minerals Co., Ltd. paid a special visit. Both parties focused on magnesium alloy materials in the bicycle industry. The promotion and application were discussed.

During the talks, Chairman Ma introduced the basic conditions of the bicycle industry and pointed out that "light" and "smart" are important directions for future development of bicycles and electric bicycles. In the recently published "12th Five-Year Plan" of China's bicycle industry, the promotion and application of magnesium alloy materials has been listed as a major technical innovation project, and it is clearly proposed to expand the application of light alloys such as magnesium alloys in vehicles and parts to enhance Product quality and grade. The current industry scale of 100 million bicycles and electric bicycles each year provides a good market opportunity for the promotion and application of new materials. Now magnesium alloy material has gone through the stage of concept products, entered the stage of market exploration, and has a broad space for development. As the lightest metal among practical metals, magnesium alloys have been adopted by the bicycle industry and have achieved light weight. As the largest bicycle industry base in the north, Tianjin puts forward the development direction of “light, fine, clever, and high” industries, and leads the companies in the electric bicycle industry to take the “magnesium-lithium combination” route.

At present, there are many factors that restrict the scale of magnesium alloy materials applied to the bicycle industry. First, insufficient publicity, consumers have insufficient understanding of the advantages and characteristics of magnesium alloy products; Second, the price is still relatively high, magnesium alloy prices are close to 1 times the price of aluminum alloys, and the market segmentation and positioning are vague; Third, materials, processing Investment in research and development is relatively large, and investment in enterprises has certain risks. Fourth, technology needs to be further improved, mainly because of the characteristics of the materials themselves and the requirements of the processing technology. Currently, they cannot meet the needs of vehicle companies.

In this regard, Secretary Zhong Qun said that the current status of China's bicycle industry development and the scale of the industry far exceeds their expectations, I believe that magnesium alloy materials and bicycle industry will have broad prospects for development. It is understood that the current production technology of magnesium alloy materials has matured. The government will give policy support to enterprises in the innovation and application of new materials and new processes, and encourage material companies to extend the industrial chain and increase the added value of products. All aspects of the joint efforts to promote the application of magnesium alloy materials in the market. The visit specifically reported to the association about a new type of magnesium alloy material. The product is superior to the existing materials by more than 50% in terms of strength, fatigue resistance and other key indicators. It is very suitable for application in the bicycle field. It is Zibo Xinlida Mining Co., Ltd. The company and Jilin University have developed and produced a new product through years of cooperation. Expressing hope to strengthen the willingness to further exchanges and cooperation with the bicycle industry in this field.

President Ma Li expressed that he would like to thank the Zibo Municipal Government for its attention and attention to the bicycle industry. At present, magnesium alloy materials are mainly used in bicycle frames and some parts. The application is still in the process of exploration and start-up, and some of them are also in volume production. It is recommended and encouraged that magnesium alloy material manufacturers with advanced technology content should strengthen their ties with bicycle companies. We can timely introduce and enter our industry, give full play to the comparative advantages of material companies and bicycle manufacturers, accelerate technological innovation, and expand and accelerate the promotion and application of magnesium alloy products.

After the talks, Secretary Chung Chung and his entourage also visited the Cultural Exhibition Hall of the China Bicycle Association with great enthusiasm and praised the finest bicycles that represent the latest level in the industry. (Wisdom/Text)