[good News] Shanghai Nonferrous net Metal Trading Center has entered the list of the headquarters of the first batch of private enterprises in Shanghai!

Published: Jul 27, 2020 13:27
[Shanghai Nonferrous net Metal Trading Center entered the list of the headquarters of the first batch of private enterprises in Shanghai] according to the disclosure of the Shanghai Commercial Commission, in order to promote the strength and excellence of private enterprises in this city and achieve innovative development, according to the "some opinions of Shanghai to encourage the establishment of the headquarters of private enterprises", after examination and approval, 44 units meet the relevant conditions and are identified as the headquarters of the first batch of private enterprises, and Shanghai Nonferrous net Metal Trading Center Co., Ltd. is among them!

SMM7 March 27: according to the disclosure of the Shanghai Municipal Commerce Commission, in order to promote the strength and excellence of the city's private enterprises and achieve innovative development, according to the "some opinions of Shanghai to encourage the establishment of private enterprise headquarters", 44 units meet the relevant conditions and are identified as the first batch of private enterprise headquarters, among which Shanghai Nonferrous net Metal Trading Center Co., Ltd.

Affected by the epidemic, the awarding ceremony of "the headquarters of the first batch of private enterprises in Shanghai" was postponed to today, and Fan Xin, CEO of SMM, attended the ceremony as a representative.

It is understood that the Shanghai Municipal Commerce Commission, together with the Municipal Development and Reform Commission, the Municipal Economic and Informatization Commission, and the Municipal Federation of Industry and Commerce, officially issued "Shanghai's opinions on encouraging the establishment of the headquarters of private enterprises," and Shanghai launched the identification of the headquarters of private enterprises. "some opinions" divides "private enterprise headquarters" into two categories: enterprise headquarters and headquarters-based organizations. Those who apply for the recognition of enterprise headquarters shall meet the requirements of registering in Shanghai and operating continuously for more than one year (including); the total assets reached 100 million yuan at the end of last year; the operating income (sales income) of the previous year exceeded 1 billion yuan; except for this city, have two or more branches and other conditions.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Gold, Silver, Platinum, and Palladium Rose in Tandem; Platinum Gained Over 3%; the Precious Metals Sector Strengthened; Hunan Silver Led the Gains [SMM Flash News]
2 hours ago
Gold, Silver, Platinum, and Palladium Rose in Tandem; Platinum Gained Over 3%; the Precious Metals Sector Strengthened; Hunan Silver Led the Gains [SMM Flash News]
Read More
Gold, Silver, Platinum, and Palladium Rose in Tandem; Platinum Gained Over 3%; the Precious Metals Sector Strengthened; Hunan Silver Led the Gains [SMM Flash News]
Gold, Silver, Platinum, and Palladium Rose in Tandem; Platinum Gained Over 3%; the Precious Metals Sector Strengthened; Hunan Silver Led the Gains [SMM Flash News]
2 hours ago
Prices and Supply Constraints Reshape Iridium and Ruthenium Markets Outlook to 2030
7 hours ago
Prices and Supply Constraints Reshape Iridium and Ruthenium Markets Outlook to 2030
Read More
Prices and Supply Constraints Reshape Iridium and Ruthenium Markets Outlook to 2030
Prices and Supply Constraints Reshape Iridium and Ruthenium Markets Outlook to 2030
[SMM Flash] Iridium and ruthenium markets are facing increased price risks as elevated prices, constrained supply and evolving technologies reshape the outlook for these minor PGMs. A five-year market assessment through 2030 highlights the importance of monitoring supply, demand, stocks and technological developments. While higher prices could provide some scope to increase mine supply in the near term, longer-term production remains more complex, with primary supply exposed to developments in key producing regions including South Africa, Zimbabwe and Russia. On the demand side, record-high prices are expected to encourage greater material efficiency, substitution and technological innovation. Iridium demand remains linked to high-purity crystal growth, electrochemical applications, catalysis and the hydrogen economy, although slower development of hydrogen projects has reduced some longer-term growth expectations. Ruthenium continues to benefit from data-storage applications, particularly as AI drives demand for data infrastructure, while chemical catalysis and emerging hydrogen and ammonia applications offer additional opportunities. The market outlook to 2030 will ultimately depend on the balance between constrained mine supply and changing end-use demand. Substitution and new technologies could create downside risks for prices, while limited liquidity and the growing recognition of iridium and ruthenium as critical materials could amplify supply risks. Monitoring mine economics, technological shifts and price sensitivity across major end-use sectors will therefore remain important for producers, fabricators and consumers.
7 hours ago
Platinum Prices Consolidated Higher, While Trading in the Spot Market Remained Sluggish [SMM Daily Review]
9 hours ago
Platinum Prices Consolidated Higher, While Trading in the Spot Market Remained Sluggish [SMM Daily Review]
Read More
Platinum Prices Consolidated Higher, While Trading in the Spot Market Remained Sluggish [SMM Daily Review]
Platinum Prices Consolidated Higher, While Trading in the Spot Market Remained Sluggish [SMM Daily Review]
9 hours ago
[good News] Shanghai Nonferrous net Metal Trading Center has entered the list of the headquarters of the first batch of private enterprises in Shanghai! - Shanghai Metals Market (SMM)