October 14, 2026, Pinghu, Zhejiang: According to an approval public notice on Caizhaowang, Pinghu Yuruixiu Auto Parts Co., Ltd.'s "5.5 Million Laser-Clad Brake Discs Construction Project" (Project Code: 2610-330482-07-02-530291) has completed technical renovation filing, with the processing result "completed." The project plans an annual production capacity of 5.5 million laser-clad brake discs. Previously, on September 20, Zhongke Yuchen and Chery Technology's Yuruixiu signed an agreement to jointly build five ultra-high-speed laser cladding brake disc automated production lines with a total investment exceeding RMB 100 million (joint R&D, shared intellectual property, phased capacity ramp-up). This filing closes the administrative approval loop for the construction of these production lines. Laser-clad brake discs use a cladding layer to improve wear and heat resistance, representing a high-performance upgrade direction for automotive braking systems targeting Euro 7 and China 7 emission regulations; a single cladding production line consumes a considerable amount of alloy powder, and an annual output of 5.5 million discs corresponds to large-scale, continuous powder procurement demand. Value for powder buyers: (1) The landing of over RMB 100 million in production line investment will drive bulk procurement of iron-based/nickel-based alloy powders for laser cladding, suitable for long-term agreement cooperation; (2) Automotive brake discs are one of the additive manufacturing application scenarios with the largest powder consumption, and with the joint R&D and phased ramp-up model, powder introduction windows will continue to exist; (3) Similar enterprises in the Pinghu auto parts cluster may follow with technical renovations, allowing early engagement.