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 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
Copper Prices Rebound Sharply: Bad News Fully Priced In, or Fundamentals Reasserting Themselves?
12 hours ago
Copper Prices Rebound Sharply: Bad News Fully Priced In, or Fundamentals Reasserting Themselves?
Read More
Copper Prices Rebound Sharply: Bad News Fully Priced In, or Fundamentals Reasserting Themselves?
Copper Prices Rebound Sharply: Bad News Fully Priced In, or Fundamentals Reasserting Themselves?
12 hours ago
Doosan Invests $701.5M to Expand CCL Production in Korea and China Through 2028
12 hours ago
Doosan Invests $701.5M to Expand CCL Production in Korea and China Through 2028
Read More
Doosan Invests $701.5M to Expand CCL Production in Korea and China Through 2028
Doosan Invests $701.5M to Expand CCL Production in Korea and China Through 2028
Doosan Group said on September 17 that it will invest approximately KRW 968.4 billion (about USD 701.5 million) to expand high-end copper-clad laminate (CCL) production in South Korea and China. Roughly KRW 421 billion will expand domestic CCL lines for optical modules, while about KRW 547.4 billion will build a new plant in Changshu, China, for AI accelerators and network switches via wholly-owned Doosan Electro-Materials Changshu, with an additional KRW 182.4 billion capital injection. The three-year investment runs through 2028, with new lines scheduled to begin operations in the second half of 2028. In H1 2026, utilization at Doosan's Jeungpyeong and Gimcheon plants reached 109.8% and 102.7%, respectively, while the China plant ran at 92.2%. Q2 2026 optical-module CCL sales jumped more than tenfold year-on-year to about KRW 50 billion, and network-board CCL sales reached KRW 369.2 billion, accounting for more than half of the Electronics Business Group's revenue.
12 hours ago
Copper Cathode Rod Orders Expand, Inventories Decline; Production to Increase 2.31% WoW
13 hours ago
Copper Cathode Rod Orders Expand, Inventories Decline; Production to Increase 2.31% WoW
Read More
Copper Cathode Rod Orders Expand, Inventories Decline; Production to Increase 2.31% WoW
Copper Cathode Rod Orders Expand, Inventories Decline; Production to Increase 2.31% WoW
[SMM Copper Cathode Rod Flash] New orders continued to expand, and with the holiday approaching, finished product inventories destocked at a faster pace. Production willingness at copper cathode rod enterprises strengthened, and the operating rate is expected to rise 2.31 percentage points WoW next week.
13 hours ago