Alcom Holdings Limited, a transnational green metal resources recycling enterprise jointly operated by Mitsui Bussan Metals Co., Ltd. of Japan and Alco WKY Group of Hong Kong, was established under the background of global initiatives to promote green, low-carbon utilization of metals. Mitsui Bussan Metals Co., Ltd. and Alco WKY Group believe that by establishing a capital partnership, the two industry platforms will fully exert their industry gathering power to provide resources for Alcom Holdings Limited, benefiting each other's business and the industry as a whole.
Mitsui Bussan Metals Co., Ltd., a wholly-owned subsidiary of Mitsui Bussan Co., Ltd., focuses on metal-related businesses on a global scale. Founded in 1876, Mitsui Bussan Co., Ltd. is one of the largest general trading companies in Japan, ranking 88th on the Fortune Global 500 list in 2022. Headquartered in Tokyo, it is listed on the Tokyo Stock Exchange. As a general trading company, investment and trading services are two of Mitsui Bussan's core businesses. At present, there are branches in 64 countries and regions around the world, investing and trading in various industries and fields.
Alco WKY Group, established in Hong Kong in 1996 and based in the Greater Bay Area of Guangdong, Hong Kong and Macao, has established Wang Kei Yip Development Ltd., Zhaoqing Southern Aluminum Recycling Ltd., Zhaoqing Dongyin Aluminum Ltd., Zhaoqing Qiansheng Aluminum Ltd., and Hongjing New Materials (Yunnan) Ltd., with an annual output of more than 300,000 tons of aluminum alloy raw materials and an annual output value of more than 6 billion yuan. It is an excellent non-ferrous metal manufacturer, processor and trader, specializing in international aluminum raw material import/export/third country transshipment trade, deep processing of raw materials for automotive and communication industries, and enjoys a good reputation in the industry for its excellent quality and social responsibility.
In 2008, the Group invested in Zhaoqing Qiansheng Aluminum Ltd. in Zhaoqing City, Guangdong Province, mainly engaged in aluminum recycling, casting of aluminum alloy ingots, production and sales. With the investment of a large amount of resources in production quality management and good operation, Zhaoqing Qiansheng Aluminum Ltd. took the lead among its peers and made customers feel at ease and trust.
In 2010, the Group invested US$12 million in Sihui, Guangdong to establish the flagship factory of aluminum recycling, Zhaoqing Southern Aluminum Recycling Ltd. Southern Aluminum covers an area of 90,700 square meters, integrating aluminum raw material recycling, processing and high-quality aluminum alloy ingot casting, production, domestic trade and export sales. It can sort 150,000 tons of aluminum raw materials and produce 100,000 tons of aluminum alloy ingots annually.
In 2021, the Group invested HK$41 million in Heqing, Yunnan to set up the flagship factory of pure aluminum alloy, Hongjing New Materials (Yunnan) Ltd. The project covers an area of 8 mu, which is planned to be developed from the longitudinal deep processing of aluminum liquid in Heqing area. Relying on the existing high-quality customer resources of the Group in the fuel vehicle and communication household appliances industries, the green and low-carbon hydropower aluminum liquid in Heqing area will be converted into aluminum alloy products locally, and high-performance aluminum alloy products for new energy vehicles and 5G/6G communication purposes will be developed.
Adhering to the concept of energy saving and carbon reduction, green development, the Group has won the trust of customers with quality. Southern Aluminum has successively passed ISO 9001 Quality Management System, ISO 14001 Environmental Management System, IATF 16949 Automotive Quality Management System, National High-tech Enterprises, National Aluminum Industry Standards and Guangdong, Hong Kong and Macao Clean Production Enterprises, National Ministry of Industry and Information Technology “Green Factory”, Customs AEO Senior Certification Enterprises and other certifications. It has won the honors of Tax Excellent Enterprise, Heavy Quality and Faithful Five-Star Enterprise, Guangdong Province Energy-saving Advanced Collective in 2018-2019, Top 100 Enterprises in Zhaoqing in 2020, Top 100 Innovative Enterprises in Zhaoqing in 2020, and Guangdong Province Contract-abiding and Credit Enterprise for three consecutive years (2018-2020).