Jiangxi Copper Industry: part of the State-owned Equity transfer of the controlling shareholder

Published: Aug 4, 2020 10:02

Save

SMM: Jiangxi Copper announced on the evening of August 3 that the Jiangxi Provincial State-owned assets Supervision and Administration Commission transferred its 10% equity stake in Jiangxi Copper Group to Jiangxi Administrative Enterprise assets Company free of charge. After the completion of the transfer of state-owned shares, Jiangxi SASAC holds a 90% stake in Jiangxi Copper Group, while Jiangxi Administrative Enterprise assets Company holds a 10% stake in Jiangxi Copper Group, but it only enjoys the income right, disposal right and right to know of its stake in Jiangxi Copper Group. Jiangxi Copper Group is still the controlling shareholder of the company, and Jiangxi SASAC is still the actual controller of the company.

"Click to view details

"SMM online Q & A" has come to the market, price, information if you have any questions, feel free to ask!

Scan the QR code and join the SMM metal communication group.

Jiangxi Copper equity

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

25 mins ago

Copper Cathode Rod Producers See 2.46% WoW Increase in Operating Rates, Market Demand Remains Stable

[SMM Copper Cathode Rod Flash] The operating rate of copper cathode rod producers increased by 2.46 percentage points WoW to 68.06% this week. The rebound was mainly due to enterprises that had previously cut production resuming normal operations. However, copper cathode rod enterprises reported that new orders were stable, with no significant improvement, and market demand was basically flat compared to last week. Due to end-users' weak acceptance of current copper prices, operating rates in the downstream wire and cable and enamelled wire industries remained stable.

25 mins ago

1 hour ago

In May, integrated circuit production was up 25.4% YoY.

From January to May 2026, China's electronic information manufacturing sector experienced rapid production growth and steady export progress. In May, the value added of the electronic information manufacturing industry above designated size was up 17% YoY, with integrated circuit production reaching 228.6 billion units, up 25.4% YoY.

1 hour ago

Weekly Review of the Copper Enamelled Wire Industry

The enamelled wire industry saw a slight increase in operating rates and orders taken this week, though enterprise order differentiation remained pronounced. The winding down of mid-year settlements spurred some downstream restocking, generating only a small, short-term increase in volume. End-users remained in the traditional off-season, with weak essential demand support, leaving overall demand stable but soft, and there was yet no signal of sustained recovery.

1 hour ago