China Zhongwang Holdings Limited
CHZHF
Other OTC0.27
USD
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Return %
Stock
S&P500
1Y
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18.99
3Y
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64.75
5Y
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71.84
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Fei Wang
- Full Time Employees
- 37,849
- Sector
- Basic Materials
- Industry
- Aluminum
- Address
- No. 299, Wensheng Road Liaoyang People's Republic of China 111003
- IPO Date
- Mar 12, 2013
- Website
- zhongwang.com
- Similar Companies
- Business
- China Zhongwang Holdings Limited China Zhongwang Holdings Limited (SEHK:1333) manufactures and sells high-precision, large-section industrial aluminum extrusion products; aluminum alloy formwork; deep-processed items including chassis systems, pallets, and structural parts; flat-rolled aluminum products such as plates, sheets, and foils; and further-fabricated aluminum components, serving sectors like transportation (railway passenger and cargo carriages, high-speed trains, light rail, automobiles, heavy trucks, vessels, aviation, and aerospace), ecological construction, machinery and equipment, electric power engineering, and industrial applications. The company operates over 90 advanced aluminum extrusion production lines, including 21 large-scale presses of 75MN or above capacity, alongside smelting, casting, and die-casting facilities that support an integrated production chain, with a flat-rolling capacity reaching up to three million tonnes annually at its Tianjin facilities. Headquartered in Liaoyang, Liaoning Province, China, and founded in 1993, China Zhongwang conducts business worldwide, primarily targeting the domestic Chinese market while exporting to over a dozen countries including the United States, Germany, and Japan, positioning it as Asia's largest and the world's second-largest producer of industrial aluminum extrusion products. In recent developments, trading of its shares on the Hong Kong Stock Exchange remains suspended since August 2021 amid ongoing challenges; the company faced U.S. Department of Justice charges in 2019 for allegedly evading $1.8 billion in anti-dumping duties through disguised pallet exports, which it denied; earlier efforts included a failed $1.1 billion acquisition of U.S. aluminum maker Aleris in 2017 due to national security concerns, alongside the completed purchase of Germany's Aluminiumwerk Unna AG for high-end extrusion and Silver Yachts Ltd. for marine sector expansion; and diversification into flat-rolling production in Tianjin since 2011 with over $3.8 billion invested, including pilot runs and partnerships with global can manufacturers and Southeast Asian foil producers as of 2020. Leadership transitioned in 2017 from founder Liu Zhongtian to Lu Changqing, who serves as chairman, executive director, and president.