UACJ Corporation has agreed to enter in to a joint venture agreement with CITIC Bohai Aluminum Industries Holding Company Ltd. and CITIC Dicastal Co., Ltd. in the automotive aluminum parts and components industry. The new company will manufacture automotive extruded parts and components, beginning with vehicle bumpers and battery casings, while utilizing the UACJ Group's machining technologies and research and development teams at its R&D Center, and leveraging the leading presence that CITIC Dicastal has established in China's auto parts market as the world's number-one producer of automotive aluminum wheels. Furthermore, the new company will handle the marketing of its automotive parts and components while serving as a supply center for automakers and auto parts manufacturers in the Chinese market. The capital contribution ratio for the new company will be 51% from CITIC Bohai Aluminum, 9% from CITIC Dicastal, and 40% from UACJ. The three companies will establish a new joint-venture company to manufacture and sell extruded and machined parts and components.