The current excess production capacity has become a major burden that restricts the development of the aluminum industry. It not only occupies, consumes, and wastes large amounts of resources, but also restricts the overall industry’s economic profitability and competitiveness. In the past, it increased the utilization rate by increasing the monomer output to dilute production costs. The practice is no longer "a perfect solution." China Zhongwang pinpoints the pulse of the market and plans to place high-end aluminum deep processing markets in advance.
Liaoning Zhongwang Group is the world's second largest and largest industrial aluminum extrusion product R&D manufacturer in Asia. It focuses on lightweight development in transportation, mechanical equipment and power engineering, and provides high-quality aluminum processing products. The Group's three core businesses are industrial aluminum extrusion products, deep processing and aluminum rolled materials. The Group has been awarded a number of global certification qualifications in the railway, automotive, marine and aerospace industries, with customers in major markets around the world.
The Zhongwang Group has an international perspective and resolutely transitions to industrial aluminum extrusions when the development of building aluminum profiles is in full swing. Now, it is developing deep aluminum processing such as deep processing and aluminum rolling materials. The new deep-processing center of the Group was successfully approved by the relevant government departments for safety completion acceptance in June 2013 and was officially put into production. Industrial aluminum pallets, all-aluminum semi-trailers, fire engines, tankers, and high-speed cold irons have been developed. A series of high-value-added deep processing products with huge market potential, such as cars, buses, building templates, etc., have improved the Group's overall profitability and become an increasingly important profit growth point of the Group.
Liaoning Zhongwang Group has been leading the industry in research innovation and product upgrading. In 1998, the group set up an enterprise technology center equipped with internationally advanced scientific research equipment and instruments. It has six professional research laboratories, 22 analytical laboratories, and five innovation teams closely linked to industrial technologies. In 2012, it was awarded a “Nationally Recognized Enterpriseâ€. Technology Center "qualification. In 2013, the group was formally approved for inclusion in the “National High-tech Enterprise†ranks. As of the end of October 2015, the Group had accumulatively granted 340 patents. The Group’s R&D team, while giving full play to its own advantages, has also actively cooperated with universities and research institutions and has made continuous breakthroughs in the development of high-end products.
The Group is currently one of the few domestic companies that can research and manufacture high-speed iron body aluminum extrusion products with speeds ranging from 300km/h, 350km/h to 400km/h. Some large-section products, such as high-speed rail parts, are widely available in the country. Zhongwang and other two or three companies can produce. The Group is now able to produce high-strength aluminum alloy plates, rods, tubes and aluminum extrusion products with different sections for aircraft components.
With the Zhongwang Deep Processing Center formally put into production, Zhongwang has developed a number of new products that comply with the light traffic trends, and a variety of newly developed products are being tested and verified. The five-year-old Tianjin aluminum rolling material project will also be put into production. The first production line will mainly produce aluminum alloy plate, including aerospace, marine, commercial vehicles, special vehicles and rail vehicles. Transportation plate and chemical container plate, etc. At present, these products are completely dependent on imports in China, no domestic enterprises can achieve this production, will make up for the domestic high-end aluminum processing aluminum plate market blank.
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