Hongshun Sino-German Recycling Park_China Hongqiao_Hongshun,Sino-German,Recycling,Park

China Hongqiao Group Co., Ltd. is one of the world’s largest aluminum producer covering the entire aluminum industry chain. It is specialized in thermoelectric, mining, and producing aluminum products, holding sustainability and social welfare at its core.

China Hongqiao is one of the world’s largest aluminum producer with an annual production capacity of more than 6 million tonnes per year. Innovation-centered and quality-focused, it has a diverse product portfolio that covers the aluminum industry chain and extends into the energy sector.

As one of the largest aluminum producers in the world, China Hongqiao holds its core value of “from society and for society” and keeps committed to social welfare and environmental protection.

China Hongqiao is one of the world’s largest aluminum producers. It was listed on the Main Board of the Hong Kong Stock Exchange in 2011 and it was included as constituent stock by Heng Seng Index Co., Ltd. in 2022. By the end of 2022, its total assets reached RMB 200.34 billion and the number of its employees exceeded 40,000.

It had subsidiaries include 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. which make China Hongqiao one of largest aluminum manufacturer and one of the leading aluminum product manufacturers in the globe.

China Hongqiao employs more than 43,000 workers in its 11 production bases in China and overseas. Hongqiao is dedicated to providing a healthy, safe and comfortable working environment and diverse opportunities.

China Hongqiao Group Co., Ltd. was founded in Cayman Islands and listed on the main board of Hong Kong Stock Exchange in 2011. By the end of 2018, it has a total assets of 176.7 billion yuan and more than 40000 employees. It is a large-scale enterprise integrating thermoelectricity

The Sino-German Hongshun recycling technology project is a joint project created by China Hongqiao Group and German Scholz Group. The park has been established in November 2020 in Shandong province as a demonstration base for automobile dismantling and recycling.

The construction of Sino-German Hongshun Circulation Science and Technology Industrial Park is an important strategic layout for Zouping to accelerate the implementation of green and low-carbon reshaping in the upstream of the aluminum industry chain.

The Technology Industrial Park relies on the technical and operational experience of Hongqiao Group, the solid R&D resources of Scholz Group to create a modern, automated, collaborative and green environment-friendly in Binzhou.

The total investment of the industrial park is about 1.5 billion yuan, covering an area of more than 500 acres and a building area of more than 300,000 square meters. The overall plan is to produce 500,000 tons of recycled aluminum annually, dismantle 100,000 scrapped motor vehicles and 50,000 power batteries for recycling.

The first phase of the project plans to produce 200,000 tons of recycled aluminum annually and dismantle 40,000 scrapped motor vehicles.

After the project is put into full production, it will achieve an annual output of 500,000 tons of recycled aluminum, dismantle 100,000 scrapped motor vehicles annually, achieve sales revenue of nearly 10 billion yuan, providing more than 1,000 jobs, reducing carbon emissions by 1.9 million tons per year.

Source: WeChat

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luciayu@hongqiaochina.com