A subsidiary of China Hongqiao Group invested in a large-scale aluminum alloy structural parts project for automobiles

A subsidiary of China Hongqiao Group invested in a large-scale aluminum alloy structural parts project for automobiles

A few days ago (October 21), Shandong Hongcan Material Technology Co., Ltd. won two pieces of industrial land located in Huimin County, Binzhou City, Shandong Province, which are mainly used for the first phase of the lightweight large-scale precision aluminum alloy structural parts project. Lot 1, covering an area of ​​57,245 square meters, is located in the high-efficiency economic zone of Huimin County, Binzhou City, Shandong Province; Lot 2, covering an area of ​​95,239 square meters, is located in Huji Town, Huimin County, Binzhou City. It is reported that Shandong Hongcan Material Technology Co., Ltd. is a subsidiary of China Hongqiao Group.

According to the “Qilu Evening News” report, on October 27, in the Huimin Economic Development Zone, Song Yongxiang, secretary of the Binzhou Municipal Party Committee of Shandong Province, investigated the large-scale integrated molding and packaging assembly project of Shandong Hongcan Material Technology Co., Ltd. It is believed that this project is the same project as the above project.

According to the data, Shandong Hongcan Material Technology Co., Ltd. was established on September 2, 2022 with a registered capital of 350 million yuan. It is a wholly-owned subsidiary of Shandong Light Gold Material Technology Co., Ltd. Shandong Qingjin Materials Technology Co., Ltd. was invested and established by Hongqiao Investment (Hong Kong) Co., Ltd. on May 13, 2022, with a registered capital of 50 million US dollars.

Shandong Hongcan Material Technology Co., Ltd. was established on September 2, 2022. Its registered place is located in Huimin County Economic Development Zone, Binzhou City, Shandong Province. Its business scope includes: new material technology research and development; metal structure manufacturing; mechanical parts and parts processing; Retailing of auto parts; research and development of auto parts; manufacturing of auto parts and accessories. Shandong Hongcan Material Technology Co., Ltd. is 100% owned by Shandong Light Gold Material Technology Co., Ltd.

Shandong Qingjin Material Technology Co., Ltd. was established on May 13, 2022 with a registered capital of 50 million US dollars. Its registered place is located in Zouping Economic Development Zone, Binzhou City, Shandong Province. The business scope is equivalent to that of its subsidiary Shandong Hongcan Material Technology Co., Ltd. Shandong Light Gold Materials Technology Co., Ltd. is 100% owned by Hongqiao Investment (Hong Kong) Co., Ltd.

Hongqiao Investment (Hong Kong) Co., Ltd. is an affiliated company of China Hongqiao Group Co., Ltd.

According to the data, China Hongqiao Group is a special aluminum industry chain integrating thermal power, mining, alumina, liquid aluminum alloy, aluminum alloy ingot, aluminum alloy casting and rolling products, aluminum busbar, high-precision aluminum sheet, strip and foil, and new materials. large enterprise. The group was listed on the Main Board of the Hong Kong Stock Exchange in 2011.