SMM visited the second stop-Guixi Yingxin Copper Co., Ltd.

Published: Sep 21, 2020 17:08

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.

Second stop-Guixi Yingxin Copper Co., Ltd.

On the morning of September 15th, Ye Jianhua, director of big data Department of SMM Information & Technology Co., Ltd., Xu Dean, senior manager of copper group, Xinyong, copper group analyst, and his entourage went to Guixi Copper Industry Circular economy Base to visit Guixi Yingxin Copper Co., Ltd., which was warmly received by Sun Kangquan, assistant general manager of the company, and Li Weicong, sales manager of the company.

Sun Kangquan, assistant to the general manager of the company, gave a detailed introduction on the production capacity of the company. He said that because the company started as a scrap company with rich raw material channels and good credit, it was relatively easy to purchase scrap copper.

Guixi Yingxin Copper Co., Ltd. belongs to Xingqi Group. On April 16, 2018, Guixi Yingxin Copper Co., Ltd. held its opening ceremony. Xingqi Group was established in 1988 in Dali, Nanhai, Foshan, a distribution center for recycled metals in China. After more than 20 years of development, Xingqi Group has developed into a group enterprise integrating waste metal recycling and disassembly, non-ferrous metal trade, manufacturing and processing, financial investment, circular economy industrial park, real estate and other business.

"Click to sign up: 2020 Fifth China Electrotechnical Materials supply and demand Trade Summit

Scan the code to participate in the meeting or apply to join the SMM Electrical Industry Exchange Group

Contact: Xu Dean 18512069994

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 to learn 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
Fed's Waller: Ready to Cut Rates if Labor Market Weakens, Cautious on Inflation Risks
Mar 21, 2026 16:40
Fed's Waller: Ready to Cut Rates if Labor Market Weakens, Cautious on Inflation Risks
Read More
Fed's Waller: Ready to Cut Rates if Labor Market Weakens, Cautious on Inflation Risks
Fed's Waller: Ready to Cut Rates if Labor Market Weakens, Cautious on Inflation Risks
US Fed Governor Christopher Waller said on Friday that if signs of weakness emerged in the labor market, he would again support an interest rate cut later this year, while remaining alert to the inflationary pressures that the current geopolitical situation may bring.Waller noted that a closure of the Strait of Hormuz signaled greater inflationary pressure, and that higher oil prices could ultimately affect core inflation. He stressed that the current cautious stance did not mean there would be no action for the rest of the year.His remarks sent an important signal to the market—that the window for an interest rate cut had not closed, provided that employment data showed clear weakening.
Mar 21, 2026 16:40
IRGC: US Carrier Ford's Deployment and Withdrawal Reflects "Desperate and Humiliating" Reality for US, Israel
Mar 21, 2026 16:39
IRGC: US Carrier Ford's Deployment and Withdrawal Reflects "Desperate and Humiliating" Reality for US, Israel
Read More
IRGC: US Carrier Ford's Deployment and Withdrawal Reflects "Desperate and Humiliating" Reality for US, Israel
IRGC: US Carrier Ford's Deployment and Withdrawal Reflects "Desperate and Humiliating" Reality for US, Israel
According to Xinhua News Agency, the Islamic Republic News Agency reported on the 20th that the Islamic Revolutionary Guard Corps issued a statement saying that, despite extensive attention from Western media, the US Navy aircraft carrier Ford was deployed to the West Asia region but failed to provide support for US forces there and instead withdrew from the battlefield, reflecting the “desperate and humiliating” reality facing the US and Israel.
Mar 21, 2026 16:39
US Treasury Secretary Bessent: SPR Release Complexity and Limits Amid Oil Price Stabilization Efforts
Mar 21, 2026 16:38
US Treasury Secretary Bessent: SPR Release Complexity and Limits Amid Oil Price Stabilization Efforts
Read More
US Treasury Secretary Bessent: SPR Release Complexity and Limits Amid Oil Price Stabilization Efforts
US Treasury Secretary Bessent: SPR Release Complexity and Limits Amid Oil Price Stabilization Efforts
US Treasury Secretary Bessent claimed that the Strategic Petroleum Reserve (SPR) could be tapped again to suppress oil prices, but the reality was far more complex than this statement suggested—the reserve level was already close to the statutory minimum, and physical safety constraints left extremely limited room for any further release.Last week, Bessent said that the US had participated in the largest internationally coordinated SPR release operation to date, totaling 400 million barrels, and warned that, if necessary, the US could once again unilaterally release reserves to stabilize oil prices.
Mar 21, 2026 16:38
SMM visited the second stop-Guixi Yingxin Copper Co., Ltd. - Shanghai Metals Market (SMM)