Located in Ningbo (Luotuo) Electromechanical Industrial Park, with a total area of 260 mus and investment of almost RMB 1 billion, Fubang Aluminum Industrial Park started construction in May 2002, and the first phase project had been put into operation in December 2003. The companies already entering the Aluminum Industrial Park include the Aluminum Material Factory and Fubang Jingye Aluminum Company, Aluminum Branch Company and Double-Circle Stainless Steel Product Company. This Park focuses on developing whole series of manufacturing products and highly technical and value-added alloy slab-strip steels—mainly auxiliary products of automobile manufacturing, packaging, construction materials, lighting manufacturing and other industries. In 2013, the Park’s output value amounted to RMB 503 million while aluminum strip and profile series products also increased its processing depth, the industrial chain’s extending and the added-value’s enhancing. The Park has been shaped into a leader of Eastern China in processing and rolling industrial aluminum, al-alloy slab and strip and aluminum profile as well as Zhejiang’s largest professional processing base of aluminum strip.