he China Shipbuilding Industry Association released that the international shipping market is expected to remain active in the third quarter of 2019, and demand for new ships may increase. As the demand for new ships increases, the demand for aluminum alloy, which is one of the important shipbuilding materials, will also increase, which will also bring a new round of development opportunities for high-end aluminum alloy companies such as LNZW Aluminum Technology Group.
Aluminum is an advanced material for the construction of ships and marine engineering structures. The light weight, strong mechanical properties, and corrosion resistance of aluminum alloys make it the material of choice for modern ships. Aluminum alloy vessels have the advantages of high speed, long service life, high dead weight, and low maintenance costs.
As the world's leading manufacturer of aluminum processing products, LNZW Group has obtained certifications from Norwegian Classification Society, American Classification Society, French Classification Society, China Classification Society, European Railway Industry Association IRIS System Certification, EN15085 certification of welding systems for rail vehicles and vehicle components, ISO3834-2 international welding quality system certification, TS16949 international automotive industry standard certification, and CE certification, AS9100C certification, ISO9001 certification, etc. Fine and cutting-edge products have laid a good foundation for the international market. It is understood that LNZW products are mainly used in hull flooring, ribbed plates, deck superstructures, living areas of offshore oil rigs and parts of structures and helipads on platforms.
At the same time, LNZW is also actively expanding international markets through overseas mergers and acquisitions. In October 2017, LNZW announced the acquisition of a controlling stake in SY Yachts Ltd., an all-aluminum superyacht manufacturer, to further expand its application of aluminum alloy materials in the marine sector. According to statistics, SY Yachts is one of the leading companies in the design and manufacture of large all-aluminum superyachts. It is also the only company in the world capable of designing and producing large all-aluminum superyachts over 70 meters. Its main customers include members of the royal family of the Gulf countries. , Famous American high-tech entrepreneurs, etc.