Tianshan Aluminum Group Co Ltd
SZSE:002532
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Tianshan Aluminum Group Co Ltd's latest stock split occurred on Jun 6, 2017
The company executed a 16-for-10 stock split, meaning that for every 10 shares held, investors received 16 new shares.
Before the split, Tianshan Aluminum Group Co Ltd traded at 13.46 per share. Afterward, the share price was about 6.8636.
The adjusted shares began trading on Jun 6, 2017. This was Tianshan Aluminum Group Co Ltd's 3rd stock split, following the previous one in May 22, 2014.
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Tianshan Aluminum Group Co Ltd
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Tianshan Aluminum Group Co Ltd, founded in 1997, has sculpted a significant presence in the global aluminum industry. Nestled in China's resource-rich regions, the company has integrated its operations throughout the entire aluminum production chain—from mining bauxite to refining alumina, producing primary aluminum, and manufacturing specialized aluminum products. This vertical integration not only cuts costs but also ensures quality control across its production processes, enabling Tianshan to respond rapidly to market demands and shifts. The company's central operations are strategically positioned near vast bauxite reserves, facilitating efficient extraction and transportation, thus reinforcing its cost competitive edge. The lifeblood of Tianshan's revenue streams flows from its comprehensive suite of aluminum solutions, tailored for everything from construction and transportation to consumer electronics and packaging. By capitalizing on China's vast industrial landscape, where aluminum is a staple due to its lightweight and durable properties, Tianshan has maintained robust demand for its products. Moreover, the group has expanded its market reach beyond domestic borders, tapping into the growing global quest for sustainable materials that reduce carbon footprints in line with environmental trends. As a result, Tianshan balances its traditional stronghold in industrial applications with forward-looking initiatives, including investments in green technology and recycling processes, to secure its role in a future where aluminum continues to shine as a versatile material.
2695
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