A group of investment bankers from Morgan Stanley, one of the world's leading investment banks, visited Zhongwang Group on 20 October 2009.
Mr. Lu Changqing, executive director & vice president, Mr. Chen Yan, executive director & vice president, Mr. Cheung Lap Kei, Vincent, CFO, Ms Wang Yirong, finance director, and other senior executives of Zhongwang Group met with the delegation. The delegation toured the Group's production base at Liaoyang, Liaoying Province, including the smelting and casting plant, the research and development centre, the fifth aluminum fabrication factory and the first die factory etc. During the visit, Morgan Stanley bankers were amazed by the manufacturing scope of Zhongwang Group, and they also excited about the unique technologies and new equipments.
In smelting and casting plants, the visitors were impressed by the state-of-art equipment. The 125MN oil-driven dual action extrusion press was not only the largest and the most advanced press of its type in the world, it was also symbolic of the Group's determination and confidence in becoming an industry leader in aluminium extrusion manufacturing.
In the past thirty years of reform and opening up in China, Zhongwang Group benefited from the fast and stable growth of
