China Hongqiao Group expects its net profit for the first half of 2026 to increase by approximately 39 per cent compared with the same period last year, according to a filing with the Hong Kong Stock Exchange. The company said the anticipated earnings growth is primarily driven by higher selling...
中文翻译附于新闻末尾，敬请继续阅读。 China Hongqiao Group is looking to raise the annual limits on a bauxite supply deal involving its subsidiary, Well Harvest Winning. The company said the current limits may not be enough for its expected needs over the coming years. The supply agreement runs until 2033 and is with...
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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...
According to a report on Wednesday, November 1, aluminium smelters in southwestern Yunnan province, China have started cutting production as the dry season sets in. A smelter manager and two analysts have posted that smelters have begun the process of production cut of a total of 1.5 million tonnes...
According to the Shanghai Metals Market report on Tuesday, October 31, Chinese aluminium smelters in Yunnan province are mulling over cutting production in the coming months during the dry season due to reduced hydropower availability. In recent times, many Chinese aluminium smelters have shifted...
According to a source on Wednesday, September 13, China Hongqiao Group has moved 1.5 million tonnes of aluminium smelting capacity to Yunnan, a region with abundant hydro power. Going ahead, China Hingqiao Group aims to deploy 4 million tonnes of aluminium smelting capacity by the end of 2025 in...
During the second quarter, a famed fund manager in China made strategic moves in his investment portfolio. He increased his stakes in China Hongqiao Group, the world's second-largest aluminium producer, and the short-video platform Kuaishou Technology. At the same time, he opted to reduce his...
On February 1, Aluminium Stewardship Initiative certified Binzhou Hongzhan Aluminium Technology Co., Ltd., a subsidiary operation of China Hongqiao Group Co., Ltd., against its Performance Standard V2 (2017) for the research & development, and production and sales of aluminium alloy rolled...
On Wednesday, February 1, Aluminium Stewardship Initiative announced it successfully certified Yunnan Hongtai New Material Co., Ltd., a subsidiary operation of China Hongqiao Group Co., Ltd., against the Performance Standard V2 (2017) Certification. Yunnan Hongtai, located in Wenshan City, is...
Aluminium Stewardship Initiative (ASI) has certified China Hongqiao Group’s subsidiary operation Shandong Hongchuang Aluminium Holding Co., Ltd., along with its three wholly-owned subsidiaries, against the Performance Standard V2 (2017) Certification. Shandong Hongchuang Aluminium Holding Co., Ltd....
On November 1, 2022, China Hongqiao Group said it would move 2 million tonnes of its capacity to the country’s southwest by the end of next year, as was decided earlier, despite the recent electricity supply disruptions there. The news came after Ron Knapp, adviser to the office of the chairman,...
China Hongqiao Group Co., Ltd., the world's largest aluminium producer covering the entire value chain, has published its annual results for the year ended December 31, 2021, highlighting the revenue growth of 32.9 per cent (approx.) year-on-year to RMB 114,490,941,000. At the end of 2020,...
As per the local government notice, it has been revealed that the world's largest aluminium producer, China Hongqiao Group, which engulfs the entire aluminium industry chain, plans to shift 1.93 million tonnes of aluminium capacity to the Honghe prefecture in southwest Yunnan province. The...
On 11th October 2021, the London Metal Exchange witnessed the surge of aluminium price as it crossed the $3000 per tonne mark, the highest since July 2008. The mounting pressure on the aluminium sector indicated, as the global metals world prepared to gather in London for the annual LME Week....
On 13th October 2021, the Chairman of the world's largest aluminium producer, China Hongqiao Group stated that the company is deferring the plan to reposition aluminium capacity to Yunnan province precisely for energy restrictions imposed by the provincial government. The Chinese aluminium giant,...
On 2 nd September 2021, as the prices for the raw material of the metal aluminium towered at two years high, an advisor to China Hongqiao Group stated that the Group’s alumina refinery in Indonesia to commence its 2 nd phase up by the end of 2021. In 2016, the first 1 million tonnes per year phase...
On Monday, August 30, the China Nonferrous Metals Industry Association (CNIA) held a meeting attended by the country’s top aluminium smelters to discuss the continuous surge in aluminium prices, both on the Shanghai Futures Exchange and the London Metal Exchange. Reaching at a 13-year high,...
China Hongqiao Group announced record earnings in six months on higher aluminium prices. The Group’s net income stood at 8.14 billion yuan ($1.25 billion) in January-June, an increase of 187.5% from a year earlier. Revenues increased by 31.4% to 52.48 billion yuan as Shanghai aluminium prices were...
Aluminium Stewardship Initiative has announced the joining of China Hongqiao Group Company Limited as ASI’s 181 st new Production & Transformation member. China Hongqiao Group Company Limited, developed into the world’s largest aluminium producer in 2015, covers the entire aluminium industry value...
According to a recent report, the world’s top private-sector Chinese aluminium maker China Hongqiao Group will put a secondary aluminium plant into operation at its home province in Shandong at the end of 2021. The Group said it is a joint project with Germany’s Scholz Recycling. The facility will...
