Liaoning Zhongwang enhances aluminum alloy product processing capacity

Recently, Liaoning Zhongwang Group has newly introduced two advanced profile stretching equipments to further enhance the processing capabilities of car body profiles and other products. The Group has also been favored by a number of securities agencies recently. Organizations have said that automotive aluminum products will be explosive growth and industry leaders will benefit significantly.

As environmental protection and energy saving requirements become increasingly stringent, the reduction in the weight of automobiles has become a trend in the development of the world's automobiles. At the Detroit auto show earlier this year, Ford released the 2015 F-150 model, which is the world's first high-volume production car with an all-aluminum body, opening a new era in automotive aluminum. At present, the proportion of all aluminum vehicles in North America is less than 1%, and the proportion of global aluminum vehicles is only lower. According to HIS Automotive's data, the global passenger car production in 2013 was 82.8 million vehicles. It is estimated that in 2025, the proportion of models using all-aluminum bodies will reach 30%, and the average amount of aluminum used in automobile bodies will be increased by 8.7 million tons according to 350Kg of average aluminum. demand. In order to meet these new demands, the automotive aluminum industry will experience explosive growth.

The accelerating trend of aluminum alloy passenger cars in North America will soon affect China and other countries. In 2013, China’s auto production was 22 million vehicles, ranking first in the world. At present, the average amount of aluminum for each vehicle is about 15% lower than that of developed countries. The spread of this trend from North America to China is an inevitable process.

The aluminum alloy parts used in automobiles, especially those used for bodywork and joints, have high demands on the processing technology. To enter the supply chain of mainstream automotive manufacturers, it must undergo strict qualification certification, which often requires longer production technology, processing technology and time accumulation. This is a feast of the industry, but it is only a leader in the aluminum processing industry, and many small aluminum processing companies at home and abroad will not be associated with this.

Liaoning Zhongwang Group is the world's second largest R & D and manufacturer of industrial aluminum profiles in Asia and China. According to the Group's 2014 interim financial report, its sales of industrial aluminum deep processing products increased by 39.2% year-on-year to approximately 37,000 tons; sales increased by 36.0% year-on-year to approximately RMB 990 million. With the deep processing center being put into operation in 2013, the group has developed a series of aluminum alloy transportation samples, including aluminum semi-trailers, fire engines, and high-speed rail cars, which have attracted the attention of many potential customers.

It is reported that since 2011, Liaoning Zhongwang Group has extended its business to deep processing based on the original industrial aluminum extrusion business, and has implemented the development plan for the aluminum rolled steel business.

The relevant personnel of Liaoning Zhongwang Group stated: “With the increasing demand for high-end industrial aluminum extrusion products, the Group will fully explore the market potential, while consolidating the deep processing business, and actively expand the aluminum rolling business with a synergistic effect with the industrial aluminum extrusion business. To build a sustainable growth model."