Zhongwang of China has won the most potential investment in Hong Kong listed companies

Recently, China Zhongwang Holdings Limited (hereinafter referred to as "Zhongwang China"), the world's leading research and development manufacturer of aluminium processing products, won the award of "Hong Kong Stock Listed Enterprise with the Most Investment Potential" in the "2016 China Gold Online Financial and Economic Ranking List".

The organizer said, "The purpose of this selection is to select outstanding enterprises, institutions and individuals in financial and related fields, and to set a benchmark for the industry. In the selection activities, Zhongwang of China was awarded the honor of "the most potential listed company in Hong Kong stock market", and it is well-deserved."

It is reported that since 2009, the selection has been held for eight consecutive sessions. It is a large-scale financial and economic selection activity for the national financial and related industries. It covers 12 award areas, including listed companies, securities, Hong Kong stocks, funds and banks. It has a total of more than 50 awards and enjoys high recognition and wide influence in the industry.

It is worth mentioning that, together with Zhongwang, China, Hengda Group and Yuzhou Real Estate, these well-known enterprises won the award. As the world's leading aluminium industry, Zhongwang's products are widely used in transportation, machinery manufacturing and power engineering. In recent years, Zhongwang has been continuously optimizing and adjusting its production capacity and product structure, improving its industrial layout, giving full play to the synergistic effect of the three core businesses of aluminium extrusion, deep processing and aluminium calendering in the long run, and developing into the most competitive comprehensive high-end aluminium product R&D manufacturer in the world.

Facing the market demand for high-end aluminium products, Zhongwang is positively laying out its core business. Aluminum extrusion business upgrades production capacity to consolidate core competitive advantage. The 99 extrusion equipment ordered last year will be installed and put into operation in batches in the next two to three years. The first of the two 225MN super-large extruders ordered earlier is under full commissioning and is expected to be put into operation in the first half of 2017; the second is under installation.

In terms of deep processing business, Zhongwang of China has a comprehensive capability from independent design to manufacturing and processing. It is striving to develop deep cooperation with downstream customers and is gradually transforming into a supplier of lightweight integrated solutions. Among them, we have launched technical cooperation with Chery New Energy, Great Wall Huaguan and other large domestic automobile and bus manufacturers to jointly design and develop new energy all-aluminium buses and electric vehicles. Excellent deep processing technology provides customers with lightweight comprehensive solutions, enriching the high value-added product categories.

Nowadays, Zhongwang Aluminum Calendering Business in China is steadily advancing and has achieved phased results. At present, the first production line of Tianjin's high value-added aluminium calendering project is providing small batch products for potential customers in rail transit, mechanical equipment and other industrial fields. At the same time, the melting and casting workshop and hot rolling workshop respectively produce the widest aluminum alloy ingots and sheets in the industry, demonstrating their strong technical strength. In addition, the project has been certified by environmental management system, safety management system, quality management system and other certifications, and has passed the Nadcap authoritative certification of the international aviation industry, the Norwegian Classification Society (DNV) and the Japanese Classification Society (NK).

While maintaining the coordinated development of core business, China's Zhongwang performance has also achieved steady growth. According to the latest annual performance of Zhongwang in 2016, the overall external sales of Zhongwang in China increased by 3.9% to 765,000 tons compared with the same period last year, with a total revenue of about 16.7 billion yuan. Adjusted net profit rose by 12.1% annually to about RMB 3.14 billion yuan, and adjusted earnings per share was about RMB 0.44 yuan.