Milestones

1993
Established in Liaoning Province, China

1994
Products launched in China, mainly focused on construction aluminum extrusion products

1999
Built the nationwide distribution network

2001
Production capacity expanded rapidly to 300,000 tonnes from 100,000 tonnes in 1996

2002
Developed and implemented strategy of diversifying into the industrial aluminum extrusion market
Introduced advanced extrusion equipment from Germany

2003
Commenced sales of industrial aluminum extrusion products and continued to expand production capacity
Became a member of the Metals Service Center Institute of the United States

2004
Industrial aluminum extrusion products entered into transportation sectors
The“Zhongwang” brand recognized as a “China Well-known Trademark”
Started to export aluminum extrusion products to the US market

2005
Started to supply industrial aluminum extrusion products to various entities of the MOR
Began to provide industrial aluminum extrusion products to vessel manufacturers
Commenced exports of industrial aluminum extrusion products to Germany and Australia

2007
125MN oil-driven dual action extrusion press, the largest of its kind in China, commenced trial production
Production capacity and production volume reached 505,000 tonnes and 303,000 tonnes respectively
Obtained Det Norske Veritas accreditation, one of the world’s leading shipping bureaus

2008
Revenue generated from the transportation sectors constituted 75% of total revenue of industrial aluminum extrusion products and gross profit of industrial aluminum extrusion products accounted for 80% of total gross profit
Introduced Olympus Capital Holdings Asia as strategic investor by issuing USD100 million of exchangeable notes

2009
Included in the “11th Five Year Plan on National Technological Development Program for the research and development of advanced aluminum processing technology” by China Nonferrous Metals Industry Association.
On May 8, 2009, China Zhongwang was successfully listed on Hong Kong Stock Exchange