Ting Sin Expects Higher Revenue Amid Recovering Automotive Market
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As the American automotive market regains momentum, automakers speed up recovering production to cater to the uptick of automotive sales. Aluminum alloy manufacturer Ting Sin says increased orders from downstream clients will propel continuous revenue gains. The company supplies aluminum alloy for clients to trial manufacture fasteners. Although the pandemic has slowed mass-production, the aluminum alloy fastener market is expected to grow from electric vehicle demand and automotive lightweighting. Ting Sin is the only supplier in Asia providing aluminum alloy for fastener manufacturing. Mass production will be a main pillar for the company's growth.