In group’s hard pioneering of 32 years, the group has gone through three stages of development, been making three products, engaging in two industries, doing one thing. It can be expressed by number as 3321.
Gone through Three Stages of Development:
From 1984 to 1990, Lizhong Group finished the stage of primitive capital accumulation.
From 1991 to 1995, Lizhong Group finished the stage of separation of the ownership and management after reformation.
From 1996 to 2016, Lizhong Group entered the rapid development stage, has set up more than 20 subsidiaries successively with sole proprietorship, joint venture, and oversea investment.
Been Making Three Products:
1. Aluminum casting alloy products, after over 30 years of production and business operation, became one of the largest enterprises in global industry in technical strength and production scale.
2. Aluminum alloy wheel products, after over 20 years of production and business operation, became one of the largest enterprises in national industry in technical strength and production scale.
3. Functional master alloy, after near 20 years of production and business operation, became one of the largest enterprises in global industry in technical strength and production scale.
Engaging in Two Industries:
Alloy material industry and automobile parts industry.
Doing One Thing:
Although there is a large span between alloy material industry and automobile parts industry, for Lizhong Group it means that we make a further deep processing product besides alloy materials. Therefore, in the last 32 years we did only one thing, namely aluminum alloy and deep processing of aluminum alloy.
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2016
May
The Board of directors meetings of Lizhong Group and each corporate have been held in succession. The 7th Five-Year-Plan has been made.
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2015
December
The group total production and sales broke through 700,000 tones.
In December of 2015, Lizhong Group ranked 413rd in China Manufacturing Enterprises.
Ranked 377 in China's Private Enterprises 500.
Ranked 227 in China's Private Manufacturing Enterprises.
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2014
October
Hebei Lizhong Xinxing Additive Manufacturing Technical Ltd. was started.
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2013
July
Heibei Provincial Industrial Technology Institute of Light Metal Alloy Materials was started.
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2012
October
National Torch Program of the Year 2013 – R&D of a New Type of Hypoeutectic Al-Si Aluminum Casting Alloy started.
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2011
November
National Key New Product Program of the Year 2012 – R&D of Smelting Furnace Group and Its Corresponding Equipments with High Efficiency and Energy Saving Using Light Metal started.
National Torch Program of the Year 2012 – R&D of a New Type of Al-Si-Cu Aluminum Casting Alloy with High Wear Resistance and Heat Resistance started.
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January
The first group Academician Workstation was started.
National Torch Program of the Year 2011 – R&D of LZ.A357 Aluminum Alloystarted.
National Torch Program of the Year 2011 – R&D of Hypereutectic LZ.A390 Aluminum Casting Alloy with High Wear Resistance started.
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2010
December
The group total production and sales broke through 400,000 tones.
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November
The first group Provincial Engineering Research Center was started.
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October
1.Tianjin Lizhong Alloy Group was started through merger and acquisition as well as restructuring.
2.Technical Research Center of Lizhong Alloy Group was started.
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May
R&D of a New Type of XK360 Aluminum Alloy with High Strength, High Toughness and High Corrosion Resistance started.
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2006
December
Development and Construction of Tianjin Lizhong Industry Zone has been started. Tianjin Lizhong Alloy Group Ltd. was started in the meantime.
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2004
August
Technical Research Center of Lizhong Alloy Group was started.
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June
The part of Lizhong Wheel was divested restructured by Hebei Lizhong Nonferrous Metal Group, and Lizhong Wheel was listed at the Singapore Exchange.
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2003
June
Sales of aluminum alloy liquid products through a medium or long distance transportation has been realized. It was the initiative in China to set a company locating close to the customer’ plants and provide directly alloy liquid.
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2002
March
The group provided funds and launched Baoding Commercial Bank.
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2001
December
The group total production and sales broke through 100,000 tones.
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1997
August
Hebei Lizhong Nonferrous Metal Group Ltd. was started with sole proprietorship, meanwhile Lizhong Alloy Group was established.
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1996
December
The group total production and sales broke through 50,000 tones.
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1995
December
The first Chinese-Japanese Joint venture in industry was started.
The first casting furnace group of pre-heating–smelting-heat preservation in industry domestic has been designed and constructed after research and development. Mechanized continuous production of aluminum casting alloy has been realized.
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1993
December
Al-Si-Mg-Ti aluminum casting alloy with high purity has been developed initiatively in China which filled the domestic gap. We got the National Key New Products Certificate.
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1988
December
The group total production and sales broke through 10,000 tones.
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1984
March
Smelting and Recycling of Recycled Nonferrous Metal was started by the brothers Zang which was the predecessor of Lizhong Group.