China Zhongwang(HKSE code:01333) is the second largest industrial aluminium extrusion product developer and manufacturer in the world and the largest in Asia.
The Group focuses primarily on the manufacture and sales of a variety of high-end and high value-added fabricated aluminium products that are widely used in the transportation, machinery and equipment, and electric power engineering sectors.
Integrated light-weight solution provider: Committed to the R&D and manufacture of high-end aluminium products to facilitate the light-weight development in end-use sectors, the Group aspires to become the world’s most competitive integrated developer and manufacturer of high end aluminium products.
Strict risk management under the efficient management team to enhance debt-paying ability while maintaining healthy asset management.
Emphasis on R&D
Continues to allocate 3% of total revenue in R&D.
Dividend Payout
Dividend Payout
Strong Profitability
Continuously improve added value of products to further optimise product mix and enhance profitability.
Accreditation
Obtained authoritative accreditations from automobile, shipping, railway and aerospace industry, qualified for the production fora wide range of industries.
Privilege
Continues to enjoy the preferential corporate income tax of 15% as a “high and new technology enterprise”.
Three Core Businesses
Aluminium Extrusion
The core business in seasoned operation.
High-end, large-section aluminium extrusion products, mainly used in transportation, machinery & equipment, and electric power engineering sectors.
Deep Processing
The developing profit growth driver.
Processes such as cutting, welding, polishing, machining and surface treatment added value to fabricated aluminium products.
Flat Rolling
A newly-developed growth momentum for the long run.
High quality flat rolled products, used in a wide range of industries including transportation, machinery & equipment, chemical containers and packaging.
2016 Annual Results Highlights
Growth Momentum
Production
Commence production of the first aluminium flat rolling production line in Tanjin,providing steady impetus for theGroup's long-term development.
Consolidation
Continue to implement production optimization and expansion to consolidate overall profitability.
Optimisation
Enrich high-end product portfolio and increase proportion of high-value-added products.
R&D
Enhance R&D and accelerate technological innovation to improve comprehensive strengths.