China's Aluminum Processing Companies Actively Go Public For Financing

wallpapers Robot Tech 2021-01-28
Aluminum is a silver-white light metal. There is malleability. Commodities are often made into rods, sheets, foils, powders, ribbons and filaments. It can form an oxide film to prevent metal corrosion in humid air. Aluminum powder and aluminum foil can burn violently when heated in the air and emit a dazzling white flame.
Aluminum is easily soluble in dilute sulfuric acid, nitric acid, hydrochloric acid, sodium hydroxide and potassium hydroxide solutions, but hardly soluble in water. The relative density is 2.70. Melting point is 660°C. The boiling point is 2327°C. The content of aluminum in the crust is second only to oxygen and silicon, ranking third, and is the most abundant metal element in the crust. The development of the three important industries of aviation, construction, and automobiles requires the characteristics of materials to have the unique properties of aluminum and its alloys, which greatly facilitates the production and application of this new metal aluminum. The application is extremely wide.
Trends in aluminum
(1) Electrolytic aluminum and processing enterprises extend each other
Typical large-scale electrolytic aluminum companies include: Chinalco Lanzhou Liancheng Aluminum, Chinalco Qinghai Aluminum, Henan Jiaozuo Wanfang, Qingtongxia Aluminum, Inner Mongolia Huolinhe Hongjun Aluminum Group, Henan Xichuan, Zhejiang Huadong Aluminum, etc. Add aluminum processing projects or billet projects. Processing companies look for partners or set up factories in regions with resources, such as Bohai Aluminum, Yinbai, Huachang and other companies.
(2) Chinese aluminum processing companies actively go public and raise funds
Aluminum processing enterprises use domestic and foreign capital markets to actively carry out various financing methods to obtain necessary financial support for the development and growth of enterprises. The listed aluminum processing companies include Chinalco Northwest Aluminum, Shandongnanshan, Zhejiang Dongliang, Changshu Aluminum Foil, and Xinjiang Zhonghe. Companies that are preparing to go public include Henan Mingtai, Guangdong Xingfa, Minfa, Shandong Lufeng Aluminum Foil, Xiashun, and Suzhou LPSK.