ebulletin

July 6, 2016
GIG and TLD strategic partnership agreement signed

On 28 June 2016, a strategic partnership agreement was signed between Guangxi Investment Group Yinhai Aluminum Co Ltd (GIG) and TLD Metalwork (Shenzhen) Co Ltd (TLD) to form, probably the largest aluminum formwork system fabricator in the region. Through a series of asset consolidation, the GIG-TLD partnership will further enhance professional status of both partners in their respective fields. TLD will continue to expand its local and international markets with advance technology and new resources.
Also present at the ceremony, Aluma representatives signed a strategic agreement with TLD to further their cooperation in the development of overseas markets and the R&D of new formwork systems to meet market demand. Aluma is a forerunner in construction formwork systems with international appeal and the company is a member of the Brand Group (BEIS) in the US. The Brand Group is specialized in energy and infrastructure services with worldwide network. The Aluma-TLD cooperation, together with the strong financial resources of GIG will facilitate all stake holders to further expand globally.
First introduced in 2009, TLD Formwork is the largest fabricator of aluminum formwork system in China. Through the years, the company’s main focus is in export markets, such as Dubai, India, Mexico, Brazil and Southeast Asia countries. Clients in Hong Kong and Macau regions include Hong Kong Housing Authority projects and many private developers.
Current major projects in China secured by TLD include tunnel work for the new airport project in Beijing and also the massive Beijing underground conduit network, for which aluminum formwork systems are being used for the first time in civil projects.
"Supported by a robust home market, the new partnership enables us to move a step closer to the globalization of TLD Formwork Systems. With the new GIG-TLD Strategic Partnership, we are able to deliver technologically advanced and cost effective construction formwork systems to the world market," said Cao Ying Chun, Managing Director of TLD Metalwork.

About Guangxi Investment Group Co Ltd

Guangxi Investment Group Co Ltd was established in 1988. In the past 28 years, the group has successfully grown into a diversified conglomerate covering energy, aluminum, finance and cultural tourism sectors etc. The group had participated in the development of more than 40 major projects in Guangxi province.
Today, Guangxi Investment Group is one of the Top Ten Corporations in Guangxi province and among the Top 500 Enterprises in China (2016: Rank 199).
Aluminum production contributes approximately 65 per cent of the group's revenue. Since 2012, the group had began to developed twelve fabrication centers in various strategic locations in China and upon completion, the group's aluminum business is expected to reach an annual sales of RMB100 billion.
Web site: www.gxic.cn

(Front left to right) Mr Cao Ying Chun, Managing Director of TLD Metalwork and Mr Jiao Ming, Managing Director of Guangxi Investment Group Yinhai Aluminum Co Ltd signed the GIG-TLD Strategic Partnership Agreement on 28 June 2016 at the GIG Headquarters in Nanning, Guangxi Province.
The signing ceremony was attended by (left to right) Mr Wu Dakui, Vice President of GIG; Mr Cao Ying Chun, Managing Director of TLD; Mr Feng Liujiang, Chairman of GIG; Mr Scott Lehman, Vice President Supply Chain - Americas of Brand; Mr Barry Bolt, Regional Director of SGB Aluma Singapore; Mr Jack Cheok, Sales Director of SGB Aluma Singapore; Mr Kao Feng, President of China Formwork Association; Clarence Au of Aluma and Mr Jiao Ming, Managing Director of Guangxi Investment Group Yinhai Aluminum Co Ltd.
(Left to right) Mr Cao Ying Chun, Managing Director of TLD Metalwork and Mr Barry Bolt, Regional Director of SGB Aluma Singapore signed the strategic partnership agreement.	Worldwide construction formwork markets being reviewed at the meeting.