The 15th Guangzhou Auto Show with the theme of "New Technology, New Life" closed recently at the Exhibition Hall of China's Import and Export Commodities Fair. According to statistics, this Guangzhou Auto Show has 47 car models launched globally, of which new energy vehicles account for nearly 20. New energy automobiles once again lead the industry and become the highlight of the exhibition.

    In addition, the policy of new energy vehicles has been improving. Recently, the Ministry of Industry and Information Technology of the Development and Reform Commission jointly issued Opinions on Improving the Management of Vehicle Investment Projects. The Ministry of Industry and Information Technology drafted the Measures for Parallel Management of Average Fuel Consumption and New Energy Vehicle Points for Passenger Vehicle Enterprises (Draft for Opinions). The industry therefore believes that the second wave of government policy support for new energy vehicles has arrived. With the formal introduction of the double-point policy, the second half of the policy will be New energy automobile sales will usher in large-scale growth in the coming year. This also means that Zhongwang, the world's leading aluminium enterprise, which is ahead of schedule in the new energy automobile market, will usher in a new round of development opportunities.

    As the world's leading research and development manufacturer of aluminium processing products, Zhongwang has a precise grasp of the domestic new energy automobile market and advanced layout with its deep technological research and development strength and accumulation of high value-added deep-processing products. With the diversification of deep-processing products in recent years, Zhongwang has continuously increased the proportion of new energy vehicles and other aluminum parts in deep-processing products, and continues to usher in the "harvest period".

    According to Zhongwang Financial Data of China, the sales volume of its deep processing business increased by 15.5% to about 73,000 tons annually in 2015, the sales revenue increased by 13.0% to about 1.95 billion yuan, and the gross profit rate increased from 31.8% in 2014 to 32.5% in 2015. In 2016, the sales of its deep processing business increased by 22.7% to about 900,000 tons annually, and the sales revenue increased by 25.1% to about 2.44 billion yuan.

    At present, Zhongwang has the omni-directional ability from independent design to manufacturing and processing of all-aluminium new energy vehicles, and has made important breakthroughs in vehicle design, integrated design of aluminium alloy battery frame, etc. It is exhibiting with well-known domestic bus manufacturers such as Huachen bus, FAW bus, Yutong, Huanghai bus, Xiamen Jinlu, Chery new energy, Beijing Great Wall Huaguan and other automobile manufacturers. Develop technical cooperation to jointly design and develop new energy all-aluminium buses and electric vehicles.