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Innovation New Materials Joins Hands with Sunstone Development to Deepen Saudi Aluminum Industry Layout, Hwapeng's Core Equipment Bolsters Supply Chain

2026-01-22

Against the backdrop of the deep alignment between the Belt and Road Initiative and Saudi Arabia's "Vision 2030", Chinese aluminum enterprises have added another important practice to their overseas layout. Innovation New Materials Technology Co., Ltd. has joined hands with related parties through its wholly-owned subsidiary to invest 825.75 million US dollars in building the "Saudi Red Sea Aluminum Industry Chain Comprehensive Project". As a core supplier, Sunstone Development participates deeply in the project development, while Shandong Hwapeng Precision Machinery Group (Stock Code: 838861) provides a range of core equipment to safeguard Sunstone Development's supply capacity, forming a tripartite collaborative pattern of "Innovation-led + Sunstone Supply + Hwapeng Empowerment".

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I. Policy Alignment: A Model Case of China-Saudi Industrial Cooperation

As an important partner under the Belt and Road Initiative, Saudi Arabia boasts abundant energy resources and superior geographical location. It is promoting economic diversification by optimizing the investment environment, which is in line with the goal of developing high-end manufacturing under "Vision 2030". Innovation New Materials adopts an equity participation model for investment, which not only diversifies risks but also leverages the industry resources of related parties to ensure the smooth progress of the project, making it a typical practice of China-Saudi industrial cooperation.

II. Project Overview: Building a Benchmark for the Middle East Aluminum Industry with a Full Industrial Chain

Located in Yanbu Industrial City, Saudi Arabia, the project covers the entire industrial chain including primary aluminum production, high-precision aluminum rods, aluminum sheets, strips and foils manufacturing, as well as aluminum ash treatment. It is expected to have an annual production capacity of 500,000 tons of primary aluminum and 500,000 tons of aluminum processed products. Taking advantage of local low-cost energy resources, the project aims to build a green and low-carbon integrated industrial park. Currently, it has entered the human resources preparation phase, and the substantive implementation is accelerating.

III. Supply Chain Collaboration: Hwapeng's Intelligent Equipment Empowers Sunstone's Efficient Supply

As a leading enterprise in China's prebaked anode industry, Sunstone Development has rich experience in overseas layout. This time, it provides core material supply for the project to ensure the efficient operation of primary aluminum production. Behind its supply capacity lies a suite of core equipment supported by Hwapeng's national-level key "Little Giant" technological strength:

1.EVC800 Prebaked Anode Forming System:
Features efficient and stable forming, accurately matching the project's product specifications, reducing internal pores, and improving anode density;

2.AIV-CS-1 Intelligent Visual Carbon Block Cleaning System:
Optimizes the carbon block cleaning process through intelligent vision technology, enhancing product cleanliness and production efficiency;

3.DMH Series Dry Material Preheater:
Precisely controls the preheating temperature of dry materials, laying a high-quality foundation for subsequent processing;

4.CPK Series Carbon Paste Kneader:
Ensures the uniformity of raw material mixing and improves the core performance of prebaked anodes;

5.KCS (AI) Intelligent Kneading:
Integrates artificial intelligence technology to realize intelligent regulation of the kneading process, meeting the project's low-carbon and efficient requirements.

Hwapeng's complete set of intelligent equipment covers key links in prebaked anode production, helping Sunstone Development quickly adapt to the localized production of the project and ensuring the stable and efficient operation of the supply chain.

IV. Tripartite Collaboration Writes a New Chapter in Global Layout

This cooperation is a typical case of the "capacity + technology + equipment" joint going global of China's aluminum industry: Innovation New Materials expands its presence in the Middle East market through this project, Sunstone Development consolidates its position as a global high-end supplier, and Hwapeng showcases its technological strength through the export of intelligent equipment, opening up broad space in the global aluminum industry equipment market.

In the future, with the advancement of the project, China-Saudi industrial cooperation will be further deepened. The tripartite collaborative model will also provide a reference for more Chinese enterprises to "group going global", promoting the high-quality global development of China's aluminum industry and high-end equipment manufacturing industry, and injecting sustained momentum into the industrial cooperation under the Belt and Road Initiative.