Recently, a total of five research members from the Liaoning Association for Science and Technology visited China Zhongwang’s smelting and casting plant, processing aluminium plant, product die plant, aluminium alloy car body manufacturing plant, as well as engineering and technology R&D center.

China Zhongwang’s contribution in technology innovation and industrial restructuring was recognized by the Association. As Asia's largest and the world's second largest industrial aluminum extrusion product developer and manufacturer, China Zhongwang not only made remarkable achievements in production and management, but also became private enterprises’ role model in the province.

China Zhongwang has always been committed to product research and development, with the goal of achieving product differentiation and increasing the potential for profitability in the longer term. China Zhongwang was officially ranked as one of the high-tech enterprises in 2013. In the first half of 2014, the Group continued to increase investment in research and development with a total amount of approximately RMB240 million, representing 3.0% of the Group’s overall revenue. The Group obtained 11 patents, including 4 invention patents and 7 utility model patents during the period.

Currently, China Zhongwang’s technology centre possesses world-advanced production equipment at a worth of over RMB100 million. China Zhongwang has also built a mutually beneficial development model with a number of sizable enterprises and leading academic institutions to conduct joint research and development on novel applications of aluminium alloy products in the transportation sector.

Following the operation of deep-processing centre in 2013, China Zhongwang has successfully developed a range of aluminium alloy prototype products, such as aluminium fire trucks, garbage trucks, semi-trailers, oil-tankers and railway vehicles compartments, arousing the interests of many potential customers.