Aug 26, 2025 18:28

According to SMM, based on the notice "On Standardizing Policies for Attracting Investment" (Notice No. 770 of 2025) issued by four national ministries and commissions including the National Development and Reform Commission, local governments were required to standardize their policies for attracting investment. Additionally, any non-compliant contracts signed after May 2024 needed to be terminated by August 31, 2025. However, in mid-August, secondary copper rod enterprises and scrap anode plate producers across the country stated that they had only become aware of the notice but had not yet received specific instructions from relevant authorities. Despite this, production at many companies had already begun to change. Therefore, the SMM recycling resources team headed to Jiangxi, visiting enterprises directly to gain a comprehensive understanding of how policy changes were impacting businesses