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Liaoning Provincial Governor Chen Qiufa Visits China Zhongwang

Time:11 August 2015 Font size

Recently, Chen Qiufa, the governor of Liaoning People’s Government visited China Zhongwang and toured around the company with major leaders from Liaoyang. 

 

Chen Qiufa highly recognized the rapid and sound development achieved by the group. He also pointed out that China Zhongwang has made considerable contribution to the rapid and sound economic development in the region and province by carrying out the strategy of innovative development. 

 

As noted by the relevant personnel from China Zhongwang, the group has been constantly advancing the development of high-end aluminium extrusion products, enhancing the technical content and added value as well as raising the gross profit margin effectively. Given the huge demand for aluminium flat rolled products, it will become the major driving force in the long term. 

 

According to relevant source, the project of aluminium flat rolled production line in Tianjin has been constructed as scheduled. The phase I contained two production lines with the annual capacity up to 1.8 million tonnes. The factory and infrastructure of the production line I has been primarily completed. At present, it has reached the final stage of equipment testing. The first production line is designed primarily for the production of medium-to-high thickness alloy aluminium plates, which can be applied in such sectors as transportation (aviation and aerospace, shipbuilding, commercial vehicles and railway) and chemical vessels. Hence, it will fill the gap of high-end medium-to-high thickness aluminium plate in the domestic market. Without domestic companies engaging in the production of this product, the domestic market has to be reliant on the import completely.