Shandong Hongchuang Aluminum Industry chairman quits the role
According to a report on Wednesday, December 27, Zhao Qianfang has stepped down from the position of a chairman of Shandong Hongchuang Aluminum Industry (SHE:002379) due to personal reasons.
He will also discontinue from the role on the strategy committee. However, Zhao will temporarily continue acting as legal representative until a new chairman is hired.
For the vacant position, the controlling shareholder has nominated Yang Congsen as chairman.
Yang Congsen holds executive positions at several companies affiliated with the controlling shareholder. He also serves as general manager of China Hongqiao Group unit Shandong Hongqiao New Materials.
Shandong Hongchuang Aluminum Industry was established in August 2000. Today, the company is recognised as a large-scale, comprehensive aluminium processing enterprise. Presently, it owns 22 casting and rolling facilities, of which 14 facilities operate foil rolling production lines and 5 facilities operate cold rolling.
In total, the company has 200,000 tonnes casting coil, 200,000 cold rolling coils, 120,000 tonnes foil producing capacity.
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