Henan Zhongfu Industrial Co., Ltd is a large modern enterprise which takes power generation, electrolytic aluminum and aluminum deep processed products as its core industry. In June 2002, the company was listed in the Shanghai Stock Exchange. At present, the company’s registered capital is RMB 657 million, and the total assets reach RMB 8,143,250,000 with over 5000 employees. The main products “ZF” remelting aluminum ingots have been sold to many provinces and cities in China; the ingots were also registered in London Metal Exchange (LME) and exported overseas, such as USA, Japan, Korea, Switzerland, Australia and other countries. In 2008, the company realized sales income of RMB 6,471,020,000, total profits of RMB 277,590,000 and net profits of RMB 194,580,000. Zhongfu is also one of the Seven Aluminum Processing Groups supported by Henan Provincial Government in the Governmental Eleventh Five-Year Plan.
Since it was listed in Shanghai Stock Exchange in 2002, Zhongfu has taken scientific outlook on development as its guidance and insisted on developing, formed a new developing model of “Industry as the Basis, Capital Operation and Scientific & Technological Innovation as Two Wings” and made tireless efforts for it. According to the requirement of industry policy, Zhongfu continuously made structural adjustment to fulfill the upgradation of industry, so the enterprise size was enlarged rapidly. It took the lead in realizing the reform of non-tradable shares in Chinese Nonferrous Industry, and corporate governance becomes perfect day by day. The company successively purchased and took over Henan Yinhu Aluminum Co., Ltd and Lin Zhou Linfeng Aluminum-Electricity Co., Ltd, and strided quickly into aluminum deep processing industry . With Marco’s entering into Yulian Group, Zhongfu’s internal management and external markets are gradually in line with the international conventions. Zhongfu vigorously implements the policy of scientific & technological innovation, solved the world’s problem——stopping and starting up aluminum cell without cutting off the power source of whole potline, and leads to establish Technology Innovation Strategy Alliance for Aluminum Industry; the development of 300 KA Cell’s Comprehensive Energy-Saving Technology which belongs to Special Technological Development Item of Major Industries undertaken by Zhongfu has been identified and accepted smoothly by National Development and Reform Commission. In 2007, Zhongfu’s stock became one constituent of Shanghai & Shengzhen Stock Exchanges’ 300 Composite Index and also Corporate Governance Index of Shanghai Stock Exchange and Zhongfu won 2007 Golden Eagle Award for Rapid Development Company of the 3rd China Security Market Annual Conference and 2007 Golden Bull Award for Top 100 Chinese Listed Company. At present, the technical equipments, internal management and scientific & technological research and development have reached the advanced level in nonferrous industry.
Looking forward to the future, Zhongfu will deeply implement scientific outlook on development, aim at “Building One of the Strongest Aluminum-Electricity Enterprises in China”, quicken industrial upgrade and adjustment of products structure by relying on scientific & technological innovation, devote more efforts to the development of cyclic economy, optimize coal-electricity-aluminum-aluminum deep processing industrial chain, participate in world-scope competition, and make more contribution to the rising of Henan Province. |
