Liu Zhongtian Net Worth is1,950 $Million
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Company Name: China Zhongwang Holdings Limited , ??????????
Company Type: Hong Kong Listed Company
Foundation: 1993
Location City: Liaoyang, Liaoning
Location Country: People's Republic of China
Key People: Chairman: Mr. Liu Zhongtian
Area Served: People's Republic of China
Industry: Aluminium Processing
Homepage: [http://www.zhongwang.com/ China Zhongwang Holdings Limited]
China Zhongwang Holdings Limited (Chinese: a,-a??a? ae??ae??e??ae??e??a??a?,) (SEHK: 01333) is the second largest industrial aluminium extrusion product developer and manufacturer in the world[citation needed] and the biggest one in Asia and China. The group is headquartered in Liaoning province, China.
The company produces high precision, large-section industrial aluminium extrusion products, used in transportation, machinery equipment and electric power engineering.
Since its founding in 1993, the Group owned 75 leading aluminium extrusion production lines in the world as at 30 September 2011, of which the 125MN oil-driven dual action aluminium extrusion press is one of the largest and most advanced presses in China and in the world. It has built the worlda??s leading aluminium tilt smelting and casting equipment in the industry, as well as the largest customized industrial aluminium extrusion product die design and manufacturing centre in Asia. The Groupa??s annual production capacity as at 30 September 2011 was over 700,000 tonnes. The close coordination among the processes, namely product development, smelting and casting, die and extrusion, and the advanced technologies applied is the Groupa??s important source of competitiveness and outstanding features. The Groupa??s 2011 annual production capacity was approximately 700 kilotonnes[citation needed].
The company's revenue and profits for the six months ended 30 June 2011 dropped to approximately RMB 4,273,146,000 and RMB 411,600,000 respectively and the company's earnings per share was RMB 0.08. Sales from the China market for the six months ended 30 June 2011 increased by 57.9% over the same period the previous year, representing 97.9% of the total revenue. During the period, the China market became the main source of revenue.
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ASSETS AND LIABILITIES
Industrial aluminium extrusion products, deep-processing of industrial aluminium extrusion products and aluminium flat-rolled products

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Liu Zhongtian Latest News

Zhongwang drops Aleris bid after regulatory snag

Zhongwang USA, an investment firm backed by Chinese tycoon Liu Zhongtian, said on Tuesday that it would continue to pursue overseas business opportunities even as it called off its planned acquisition of US aluminum maker Aleris Corp after failing to win ...
Posted: November 15, 2017, 12:08 pm

China Zhongwang : Announcements and Notices -

The board of directors (the "Board") of China Zhongwang Holdings Limited (the "Company", together with its subsidiaries, the "Group") announces that Mr. Liu Zhongtian (劉忠田) has resigned from the positions of executive director, chairman of the Board ...
Posted: November 17, 2017, 5:47 am

Aluminium giant China Zhongwang frustrated by US delays calls off Aleris acquisition

A company owned by Liu Zhongtian, the chairman of Hong Kong-listed aluminium giant China Zhongwang Holdings, has called off a US$2.3 billion acquisition of US-based Aleris amid mounting frustration for a deal that was announced 15 months ago. The ...
Posted: November 15, 2017, 2:43 am
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