On January 16, Yingkou Hengda Industry Co., Ltd.  50,000 tons/year aluminum powder production and processing project was signed in holingrad city. The project plans to invest 500 million yuan to build an aluminum powder production and processing project with an annual output of 50,000 tons. The project is divided into two phases. The first phase is planned to invest 250 million yuan to build a 25,000-ton aluminum powder processing project. The second phase is planned to invest 250 million yuan to build a 25,000-ton aluminum powder processing project, which will be ready for production by the end of 2019.