Minerals_Zhongfu Zhongqiang Cooperates to Develop Aluminum Deep Processing Market

In the festive days of the “two sessions” held throughout the country, the city’s success was frequently reported: On March 11, China Aluminum and Zhongfu Industry held a cooperation signing ceremony in Beijing. Provincial and municipal leaders Shi Jichun, Zhao Jiancai, and Li Gongle attended the ceremony.

Chinalco and Zhongfu Industry will mainly engage in joint ventures and cooperation in the aluminum processing field to jointly explore the aluminum deep processing market. This is a bold attempt by the central SOEs and local enterprises through strategic cooperation to speed up the pace of "adjusting structure and promoting change." On the morning of March 11, at the China Aluminum Corporation headquarters in Beijing, Vice President of China Aluminum, Chairman of Chinalco Henan Aluminum Co., Ltd. Ding Haiyan, and Chairman of China Zhongfu Industry He Huaiqin signed the agreement on behalf of the partners. China Aluminum Corporation Party member Luo Jianchuan, President of China Aluminum Corporation, Zhang Hongen, chairman of Yulian Group attended the signing ceremony.

Aluminum Corporation of China as a leading company in the aluminum industry controlled by the SASAC has unique advantages in management, technology, and markets. Yulink Group, a controlling shareholder of Zhongfu Industrial, is a top 500 transformation company in Henan Province and a key transformation and upgrading company in Henan. Electric, aluminum, aluminum processing and other aspects have basic advantages. Through this cooperation, China Aluminum and Zhongfu Industry will rely on their respective advantages in industry scale, market space, equipment level, technological innovation, talents, and management to combine strengths and complement each other to accelerate structural adjustment and resource integration. This will lay a solid foundation for the two parties to further develop the aluminum deep processing market and win international competitive advantage.