CHGL

China's world #1 aluminum producer with several subsidiaries, (stellar-chgl.digital) Issuser Address: GB7B6YJBO7KGZNDOATJFP5GR5JJL7Z737ZNGCVE5OSYKEHNBWBRQOTIN ICO On 10/10/2023 CB:15,000%

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China HongQiao ("HongQiao" or 虹桥 translates to "rainbow bridge") Group Limited (CHG) is currently the world's #1 aluminum producer with several subsidiaries, including Shandong Weiqiao Aluminum Power, Huimin Huihong New Aluminum Profiles, and HongQiao Investment (Hong Kong) Limited

In 2014, CHG formed the SMB WINNING CONSORTIUM with China Yantai Port Group, Singapore Weili Group, and Guinea UMS Company to set up a joint development with a local company primarily engaged in bauxite mining. CHG was so focused on stockpiling new bauxite reserves to meet China's growing demands that it broke many promises to the Guinean government and local villagers who they extorted in their greedy efforts while causing tremendous damage to the environment and people

Consequently, as a result of that and cutting significant corners in environmental compliance in its Chinese manufacturing plants, in 2019-2020 CHG was forced to pay major fines and the government shut down some of their plant as punishment. Shortly afterwards, CHG drastically change directions and offloaded their coal-fired power plant as part of their plan to gradually transition their manufacturing base from Shangdong to Yunnan province (https://www.hydroreview.com/business-finance/business/chinese-company-sells-coal-plants-moves-aluminum-production-to-hydro-rich-yunnan/#gref) in order to take advantage of low-cost hydroelectric power, a cleaner power source than coal for the energy-intensive aluminum smelting process (https://www.nasdaq.com/articles/aluminium-giant-china-hongqiao-to-move-more-smelting-capacity-to-yunnan-sources-2021-05-14)

In 2020, CHG updated their core value to  (http://en.hongqiaochina.com/Uploads/File/2023/04/21/E-ESG2.20230421172610.pdf)“serving the country and benefiting the people” (http://en.hongqiaochina.com/Uploads/File/2023/04/21/E-ESG2.20230421172610.pdf), (http://en.hongqiaochina.com/Uploads/File/2023/04/21/E-ESG2.20230421172610.pdf) facilitating their new mission for economic development, creating job opportunities, increasing income for farmers, and building a harmonious society, while contributing to local economic and social development. Since then, CHG has also become a major supporter of President Xi's “Belt and Road Initiative”, such as with their international energy production cooperation with Well Harvest Winning Alumina Project in Indonesia and the bauxite JV in Guinea. CHG now serves as a model “resource-saving and environmentally-friendly” enterprise

In September 2023, they also successfully shifted 38% of their aluminum smelting capacity to Yunnan and plan to finish this transition in 2025 (https://www.reuters.com/markets/commodities/china-hongqiao-shifts-15-mln-t-aluminium-capacity-yunnan-so-far-2023-09-13/)

CHG is also a major contributor to the secondary aluminum market and in 2020 formed a JV with Germany's Scholz China GmbH to build the Sino-German Hongqiao Scholz Circular Economy Science & Technology Project (https://autorecyclingworld.com/hongqiao-and-scholz-group-sign-joint-venture-focusing-on-elv-dismantling-and-scrap-metal-recycling-in-china/) to establish a recycling park focussing on end-of-life vehicle (“ELV”) dismantling, scrap metals recycling, and R&D of recycling technologies and processes contributing to the circular economy

In addition to aluminum, they are also the world's largest single importer of bauxite (from Guinea) and produce alumina, primary aluminum, hydropower, solar energy, and lightweight aluminum for a new “world-renowned production base for lightweight automobile parts and other high-end uses of aluminum" (https://www.reuters.com/article/uk-china-metals-aluminium-idUKKCN1J20F5)

Future Growth Plans

A 25 September 2023 Fairfield Market Research report came out suggesting the aluminum market is expected to double from $245.7 Billion in 2021 to a projected $498.5 Billion by 2030 (https://www.benzinga.com/content/34886594/aluminum-market-set-for-remarkable-growth-valued-at-245-7-billion-in-2021-and-projected-to-reach-498). (https://www.benzinga.com/content/34886594/aluminum-market-set-for-remarkable-growth-valued-at-245-7-billion-in-2021-and-projected-to-reach-498) The report states that as "one of the most ubiquitous commodity metals in modern society", aluminum is becoming a "pivotal strategic resource" in sectors like the national economy, transportation, energy, and defense

As a preferred alternative to zinc, copper, and steel across a wide range of industries, aluminum's distinct properties (lightweight, exceptional strength-to-weight ratio, corrosion resistance, high reflectivity, and excellent heat and electricity conductivity) make it ideal for various applications

Rolled and extruded aluminum products constituted over 60% of the total aluminum market in 2021. These products are pivotal in the aerospace, automotive, electrical, consumer goods, and packaging industries

Aerospace and defense industries are major markets for high strength aluminum alloys, such as the need for lightweight, fuel-efficient aircrafts. In addition, extruded aluminum is poised to be the fastest-growing product segment in the global aluminum market for products such as tracks, frames, rails, mullions, and heat sinks, all highly needed for building infrastructure

Because aluminum offers design freedom and flexibility, enabling innovative shapes and structures to be designed, and is infinitely recyclable and durable, it is easily one of the most important commodities for building the infrastructure for future cities both on and off planet as well as the air and space crafts needed to bring people and resources to and from them

Consequently, CHGL is focusing less on iron ore production in Indonesia (https://money.usnews.com/investing/news/articles/2023-09-18/rio-tinto-shoulders-simandou-iron-ore-bill-as-chinese-funds-delayed-sources) and more on aluminum, preparing to expand its production by 16%

Furthermore, the innovative, commodity-linked structure JP Morgan setup for CHG's $500 million 3 year loan deal in 2012-2014 (where CHG repaid their loan through the delivery of aluminum ingots instead of cash to an offshore account created by JP Morgan China Commodities Corp) (https://www.ifre.com/story/1254663/china-loan-deal-hqhzqs5x1m) has been seized by the white hats and are being added to the SCO Exchange (https://t.me/stellarVBRF/102)

Stellar Humanitarian Wealth Transfer:

? Passive Income Assets (https://t.me/QuantumStellarInitiative/22968)
? Project Aurora & Ukaz (https://t.me/QuantumStellarInitiative/21777)