China Zhongwang Invest 0.363 Billion Yuan to Create Aluminum Processing Base

(China Aluminum Network) In recent days China Zhongwang announced that its wholly-owned subsidiary Daqing Zhongwang has got the land-use right of Daqing City, Heilongjiang Province with 0.363 billion yuan. Now the company has signed auction confirmation with Daqing Land and Resources Bureau.

This land located at Daqing High and New Tech Development Zone, Daqing City, Heilongjiang Province, the total area was about 2074.1 thousand ©O. This land was allowed to used in industry with 50 years use right.

It is expected that the demand of aluminum processing products will increase, the Group plans to build aluminum processing products production base in Daqing.

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