Hong Kong, 22nd January 2020 – China Zhongwang Holdings Limited (“China Zhongwang” or the “Company”, together with its subsidiaries the “Group”, HKEx
stock code: 01333), a world-leading fabricated aluminium product developer and
manufacturer, announced that it has been nominated by the Munich headquarters of BMW Group as a supplier of aluminium extrusion profiles.
“We are delighted to be recognized for our product by BMW Group. This marks a
milestone in our development of high-end automotive aluminum extrusion profiles
in the automotive industry, and it fully demonstrates the recognition of Zhongwang
from OEMs all around the world. The new cooperation signifies China Zhongwang’s
ceremonial entry into the German high-end OEM supply chain ecosystem and will be
instrumental in strengthening our presence in the global automotive market.” said
Mr. Lu Changqing, Chairman and President of China Zhongwang.
China Zhongwang has engaged in technical cooperation with a number of domestic and international bus & car manufacturers. The Company possesses comprehensive capabilities from independent design to manufacturing and processing for usage in the automotive industry. Zhongwang has made important breakthroughs in the vehicle design of all-aluminium BEV and integrated design of aluminium alloy battery frame. It is also equipped with all-round research and development know-how, full-process capacity allocation, and a complete quality control system to ensure the highest standards of product performance in the industry.