Winners of the first "Liaoning Industry Award" organized by Liaoning Provincial Government has been announced recently. Liaoning Zhongwang, a subsidiary of China Zhongwang was one of the 12 winning companies that stood out amongst 144 participating companies.

Approved by the Liaoning Provincial Government, “Liaoning Industry Award" is the highest honor ever established for the Liaoning industries. Enterprises won the first "Liaoning Industry Award" are the market leaders in their respective fields in Liaoning. This award plays a critical role in stimulating the revitalization of northeast old industrial bases, and driving enterprises in Liaoning Province to take a new industrialization road.

China Zhongwang representative said, "Liaoning Zhongwang would like to express its thanks to the Government’s recognition and support. Despite a slow economic recovery in China, Europe and the U.S, the Company achieved good results nevertheless. As at the end of December 2013, the net profit for the Group was RMB2.13 billion. Sales volume of aluminium extrusion products rose 17.5% year-on-year to approximately 653,000 tonnes.  Export sales volume rose by 96.5% to approximately 62,000 tonnes, and a 52.1% rise in sales revenue to approximately RMB1.72 billion. While China Zhongwang is enhancing its industrial aluminium extrusion business, it is also making inroads to the industrial aluminium extrusion deep-processing business and aluminium flat rolled business. The three businesses’ strategies aim to enhance the technical content and value of products and explore international market.”