Shengquan New Materials (Thailand) Co., Ltd. is a key strategic investment project of Jinan Shengquan Group Share Holding Co., Ltd. It will build a production base for casting alloys with an annual output of 15,000 tons. Its main products include various types of spheroidizers, vermicularizers, inoculants, and corresponding cored wire products, ferrosilicon, ferromanganese, ferrochrome, silicon-barium alloy, rare earth silicon alloy, rare earth metals, and rare earth hydrogen storage materials.