SMM visits China Copper International Trade to further forge consensus

SMM12, May 5: today, SMM and his party visited China Copper International Trading Group Co., Ltd.

In order to deepen business cooperation with famous companies in the metal industry, SMM Copper Industry Chief analyst Ye Jianhua, Copper Division Director Ma Yao, Copper Division Senior Manager Wu Jianglin, Copper spot analyst Chen Ming and his party visited China Copper International Trading Group Co., Ltd. Xu Yulong, deputy general manager of China Copper International Trading Group Co., Ltd., Zhang Huifeng, chief strategy officer, and Li Hao, president of the Metal Business Center, received and extended a warm welcome.

During this period, the two sides conducted in-depth discussions on the current market situation, relevant data and development trends of the non-ferrous metals industry, and also focused on the exchange of fundamentals such as supply and demand in the copper market. SMM adheres to the original intention for many years, provides objective and fair data for the industry, serves the major enterprises sincerely, promotes the healthy development of the industry, improves the efficiency and saves the cost for the enterprise value-added, and enhances the core competitiveness of the whole industry. In this regard, the leadership of China Copper International Trading Group Co., Ltd. has given full affirmation. At the same time, it also puts forward some suggestions for the related business and services of SMM, so that SMM can provide a better communication platform and related application tools in the future, and enhance the industry cohesion of the copper industry chain in an all-round way.

China Copper International Trading Group Co., Ltd. completed its industrial and commercial registration in Pudong New area on November 12 with a registered capital of 600 million yuan. The company is located in Shanghai Chinalco Mansion. It is mainly engaged in the import and export of goods and technology, as well as the sale of mineral products (except specially controlled), metal products, gold and silver products, coal, coke, rubber products, chemical raw materials and products, plastic products and fuel oil (except dangerous goods). The trade volume is expected to reach 80 billion yuan in 2019. China Copper International Trading Group Co., Ltd. undertakes the main marketing business of subordinate enterprises of China Copper Industry in accordance with the arrangement of marketing integration reform of China Copper Industry. The company will also actively carry out production marketing business around the production and operation of entity enterprises, and at the same time set up a market marketing platform to serve the production and operation of entity enterprises with "production marketing". Relying on the advantages of industrial chain innovation and development.

As one of the important core industry companies of Chinalco Group, China Copper Industry has a complete copper industry chain, including overseas and domestic modern first-class copper mines, advanced mining and smelting technology and modern copper processing production lines. China Copper Industry subordinate Kunming smelting base, Chifeng smelting base, Ningde smelting base. Under the development strategy of "strengthening the copper industry" of Chinalco Group, China's copper industry adheres to the overall idea of "expanding resources, strengthening mines, optimizing smelting and finishing". It takes the front end of the industrial chain and the high end of the value chain as the main direction, scientific and technological innovation as the driving force, deepening reform as the driving force, and gives consideration to both at home and abroad. Through structural adjustment, technological upgrading and transformation and development, we will enhance our core competitiveness in an all-round way. We will strive to create world-class enterprises with global competitiveness.

It is understood that China Copper International Trading Group Co., Ltd. will take "serving internal enterprises to create efficiency, compete with external market profits" as the goal, make good use of the professional marketing platform, gain a foothold in Shanghai, look around the world, give full play to the geographical advantages of Shanghai's international metropolis and the good external environment of the free trade experimental area, actively cooperate with upstream and downstream enterprises and enterprises in the same industry, and fully participate in market competition. It fully embodies the commercial value in the international non-ferrous metal industry market and helps China's copper industry to enhance its competitive advantage.

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