Chairman Zhang Bo visited Beijing Automobile Works Qingdao Headquarter Base_China Hongqiao_Chairman,Zhang,Bo,visited,Beijing,Automobile,Works,Qingdao,Headquarter,Base

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 producer. It was listed on the Main Board of the Hong Kong Stock Exchange in 2011. By the end of 2019, its total assets reached 179.6 billion yuan.

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

Zhang Bo, chairman and CEO of China Hongqiao Group, visited the Qingdao headquarters base of Beijing Automobile Works in the province of Shandong. During his visit, he also visited BAW's automobile museum, product exhibition hall, the new workshops and engine factory, and met with the company's executive team for further cooperation.

The cooperation between both companies aims to create a new energy automotive industrial base to jointly produce new energy vehicles with recyclable aluminum body, batteries, and electric motor.

The new base is planned to become a core parts manufacturing industry cluster to consolidate Shandong province's new energy resources, and jointly develop the automobile industry in the region.

In his speech, Zhang Bo presented the outline of the project with the short-term goal to build a manufacturing capacity of 500,000 innovative automobiles in the first three to five years. Ultimately, the project will gradually reach a steady production of a million units with an output value of more than 100 billion yuan.

Zhang Bo also pointed out the core values of both companies and the shared mission of promoting the development of the new lightweight, green, and intelligent automobile industry in Shandong province and contribute to Shandong's construction of a modern industrial system.

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