At China Hongqiao Group, we are proud to announce that two of our subsidiaries - Zouping Hongfa Aluminum Technology Co., Ltd. and Zouping Dingrui Renewable Resources Co., Ltd. - have successfully obtained the Aluminium Stewardship Initiative (ASI) Chain of Custody (CoC) Standard V2 (2022) certification.
This certification covers our research, development, production, and sales of aluminum alloy rolled products and non-ferrous metal processing, including can body stock, can end stock, aluminum foil base, and other aluminum-based products.
Our Zouping Hongfa Aluminum facility boasts an annual design capacity of 760,000 tons of high-precision aluminum plate and strip, with our products holding over 30% of the domestic market share. Meanwhile, Zouping Dingrui Renewable Resources focuses on metal waste processing and aluminum recycling.
The ASI CoC Standard V2 certification demonstrates our commitment to creating a responsible chain of custody for our materials throughout the value chain. It links our verified practices to the products we produce, ensuring appropriate policies and due diligence processes are in place.
An independent third-party audit was conducted by DNV Business Assurance Services UK Ltd., with only one minor non-conformity identified. We're already working on a corrective action plan to address this.
We're thrilled to receive this certification, as it underscores our dedication to sustainable and responsible aluminum production. It aligns us with global standards for environmental stewardship, social responsibility, and governance in the aluminum industry.
Source: Weiqiao Pioneering Group WeChat Official Account