[2][3] China Zhongwang is principally engaged in the production of high precision, large-section and high value-added industrial aluminium extrusion products which are used in transportation (including railway passenger compartments and cargo carriages, metropolitan subway and light rail, automobiles, heavy trucks, vessels, aviation and aerospace) machinery and equipment and electric power engineering sectors.
[10] In October 2011, China Zhongwang announced several major transactions related to the development of the synergistic aluminum flat rolled product business.
It started the development of the project according to plan, and entered into a total of six equipment purchase agreements with three independent third party suppliers through two wholly owned subsidiaries.
[12] Before founding China Zhongwang in 1993, Liu Zhongtian established and served as the chairman of Liaoyang Factory, Futian Chemical and Liaoning Chengcheng Plastics.
Mr. Liu received a Diploma in Administrative Management from Liaoning Radio and TV University, China in 2002.
[15] On 27 November 2017, Mr. Liu resigned from the position of executive director, chairman of the board, Member of the Nomination and Remuneration Committee of the Company and Chairman of the Strategy and Development Committee of the Company due to his personal health reasons.
[12] China Zhongwang was listed on the Hong Kong Stock Exchange in May 2009 with an IPO price of HK$7.0 per share.