Zhongwang Group Plans to Invest 6.9 Billion Yuan to Build Aluminium Alloy Deep-processing Products Base

According to the report Zhongwang Group won two lands in Chongqing with 176 million Yuan, the group plans to invest 6.9 billion Yuan to build aluminum alloy deep-processing products base.

Zhongwang Group established in 1993, now has grown to the world’s second largest and Asia largest aluminium extrusion products R&D manufacturer. The group mainly specialized in the research and development, production and sales of diversified high quality industrial aluminum products; has formed industrial aluminium extrusion, deep-processing and aluminum rolling three core business simultaneous development pattern.

Their products widely used in green buildings, transportation, mechanical equipment and electric power project, such as train transport, passenger carriage, urban mass transit (underground railway and light rail), light truck, automobile, plane, ship and power equipments.

It is reported that Zhongwang Group will invest 6.9 billion Yuan to build aluminum alloy deep-processing products base, mainly produce aluminum alloy white body, vehicle parts, aluminum alloy railway vehicles carriage, aluminum alloy construction template and other fields. After completion the project can realize sales about 13.8 billion Yuan, total annual tax 900 million Yuan, provide about 6000 jobs.

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