Zhejiang Changran Technology Co., Ltd. announced the full commencement of construction for its 25,000-ton annual capacity Graphene-Aluminum Alloy magnet wire project in Jinyun County, Zhejiang Province. The project plans to build 50 intelligent production lines covering round wires, rectangular winding wires, and flat coils. Upon completion, the annual output value is expected to reach 1.5 billion RMB, significantly ensuring stable supply of high-performance aluminum-based magnet wires to global customers.