SMM9 March 21: in order to help the market set a reasonable price, reduce transaction costs, serve enterprises related to the copper industry chain, provide a true reflection of the spot market prices, and help the industry develop better, after SMM visited the local recycled copper rod enterprises in Jiangxi in July 2020, SMM added a price for 8mm protection rod in Jiangxi. After two months of public testing and adjustment, the quotation was officially released on the SMM website on September 1, 2020. From September 15 to September 16, SMM visited some price point enterprises and discussed the price point in depth.

The first stop-Jiangxi Guoxin Copper Technology Co., Ltd.

On the morning of September 15th, Ye Jianhua, director of big data Department of Shanghai Nonferrous Network Information Technology Co., Ltd., Xu Dean, senior manager of copper group, Xinyong, copper group analyst, and his party went to Guixi copper industry circular economy base to visit Jiangxi Guoxin Copper Technology Co., Ltd., which was warmly received by Zhou Rongming, deputy manager of the company.

The two sides exchanged views on the upstream raw material prices, price fluctuations, and future trends, during which Zhou Rongming, deputy manager of Jiangxi Guoxin Copper Technology Co., Ltd., expressed concern about the tight supply of raw materials and affirmed SMM's efforts for the development of the copper industry. In the future, the two sides will carry out more in-depth communication and cooperation in various aspects.

Jiangxi Guoxin Copper Technology Co., Ltd. was established in September 2017, with a registered capital of 20 million yuan, located in Yingtan (Guixi) Copper Industry Circular economy Base in Jiangxi Province, covering an area of more than 80 mu. The production capacity of the first phase of the copper rod production line completed in 2017 is 50, 000 tons, and the production capacity of the second phase of the copper rod production line completed in April 2020 is 100000 tons, forming a copper rod production scale with an annual output of 150000 tons. The existing staff of more than 150 people, its own office building area of more than 4000 square meters, plant more than 20000 square meters, 150 tons of continuous casting and rolling 8mm copper rod production line two. Sales are expected to reach 5 billion in 2020.

Guoxin Copper's parent company is Dacheng Yongyue Metal products Co., Ltd., after years of hard work, it has developed into a huge copper rod production and sales industrial cluster. More than ten production bases have been built in Jiangxi (Guoxin, Tongrun, Xiize, Yicheng, etc.), Hubei (Hengying), Tianjin (Henghui), Hebei (Jiatuo, Huize, etc.). The total production capacity has far exceeded 500000 tons.

Adhering to the business philosophy of "ensuring first-class quality and maintaining first-class reputation", we always adhere to customer first, serve customers attentively, and move customers with our own quality. adhere to the principle of "customer first" to provide our customers with quality products. The company began to lay out Jiangxi in 2016, and put service and quality as the focus of enterprise development in its strategic deployment, seizing market opportunities, relying on advanced equipment, rigorous management concepts and strong capital advantages, to maintain strong market competitiveness.

Guoxin Copper Industry has the ingenuity to build the future and create the greatest value for customers with the best quality and best service. We hope that friends from all walks of life will join hands to create a brilliant era.

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Contact: Xu Dean 18512069994