China Hongqiao Group Co., Ltd (HK:01378) was incorporated in the Cayman Islands, it is an extra-large multinational enterprise covering the entire aluminum industry chain. Developed into one of the world’s largest aluminum producers in 2015. Hongqiao is specialized in thermoelectric, mining, and producing aluminum products, and its diverse product portfolio includes alumina, liquid aluminum alloy, aluminum alloy ingots, rolled and cast aluminum alloy products, aluminum busbar, high precision aluminum plates with foil, and new materials.

China Hongqiao was listed on the Main Board of the Hong Kong Stock Exchange in 2011. As an extra-large aluminum production enterprise and one of the world’s leading aluminum product manufacturers, Hongqiao has developed hundreds of subsidiaries, including Shandong Hongqiao New Material Co., Ltd, Shandong Weiqiao Aluminum and Electricity Co., Ltd, Shandong Hongtuo Industrial Co., Ltd, Yunnan Hongqiao New Energy Co., Ltd, Shandong Hongchuang Aluminum Industry Holding Co., Ltd, and Indonesia PT. Well Harvest Winning Alumina Refinery.

In 2023, Hongqiao kept its momentum of maintaining steady growth, yielded about 6.265 million tonnes of aluminum alloy products along with 770,000 tonnes of aluminum fabrication products. It generated a sales revenue of RMB 133.62 billion and a gross profit of RMB 20.95 billion. By the end of 2023, Hongqiao’s total assets reached RMB 200.32 billion, and the number of its employees exceeded 40,000. There are 12 production bases in Zouping, Weiqiao, Bincheng District, Huimin, Yangxin, Beihai, Zhanhua, Boxing, Weihai, Yunnan, Indonesia and Guinea. The annual production capacity of about 6.46 million tonnes of aluminum products.

Nowadays, China Hongqiao has become one of the world’s leading producers of aluminum products, whose products recognized and purchased by industry leaders worldwide. Downstream customers of China Hongqiao’s aluminum alloy include CITIC Dicastal, the world’s largest aluminum wheel manufacturer; Bohai Piston, the largest piston manufacturer in Asia; Shandong Innovation Gorup, the largest aluminum alloy material manufacturer in the PRC; BAIC Group and other renowned domestic and overseas enterprises. Intensive processed aluminum can material products are widely recognized by domestic and overseas can manufacturers, which include more than 100 customers such as Baosteel Packaging, ORG Packaging, CPMC, Shengxing Pacific Packing, Kingcan Holdings, Baofeng Group and Boruite Cap Making. After the year of market development, our can material products have taken a relatively significant share in the domestic and overseas markets. With stable and reliable quality, the demand for our products has exceeded supply, and the market has promising prospects.

Upholding its core value of “start business for the country and benefit the people,” Hongqiao is always dedicated to promote local economic development by expanding labor employment, offering job opportunities and training in the rural areas. Building a harmonious society is Hongqiao’s driving force and conscious pursuit of enterprise development.

Hongqiao vows to contribute to both local economic and social development and national strategies such as the “The Belt and Road” Initiative. Hongqiao is actively involved in facilitating international production capacity cooperation by launching an alumina project in Indonesia and a joint venture bauxite project in Guinea. While showing the impact of national enterprises in the international market, those overseas projects also became a significant force in developing the local economy and infrastructure, winning high praise from local governments and the people.