SMM visits Lu'an Hongtai New Copper material Science and Technology Yixing Co., Ltd. to strengthen cooperation and promote development

Published: Jun 30, 2021 14:09

On June 16, Xu Dean, copper group manager of SMM Information & Technology Co., Ltd., sales Zhang Qian, and Yantai analyst Yu Shaoxue jointly visited Lu'an Hongtai New Copper material Technology Yixing Co., Ltd. the visit was warmly received by Dong Hailiang, chairman of Lu'an Hongtai New Copper material Technology Yixing Co., Ltd., and the two sides further discussed the market situation and the current situation of the industry. Get the market opinions and feedback on the relevant price points of SMM.

Lu'an Hongtai New Copper Technology Yixing Co., Ltd.

Lu'an Hongtai New Copper Technology Yixing Co., Ltd. (referred to as Lu'an Hongtai Copper), located in Yixing City, Wuxi City, Jiangsu Province, belongs to Shanxi Lu'an Yitai Copper Manufacturing Co., Ltd., a wholly-owned subsidiary of Shanxi Lu'an Chemical Group. Lu'an Hongtai Copper Industry was established in 2012 with a registered capital of 150 million yuan. The factory area of the company covers an area of 60.88 mu, with 150 employees on duty, of which 25 are stationed in the headquarters and 125 are recruited by the society.

The company's main products are 8mm copper pole, 3.0mm copper wire and 0.10mm-2.7mm wire of various specifications. At present, the company has an annual output of 220000 tons of continuous casting and rolling copper rod production line, three domestic large wire drawing production lines, a German Nihov imported large wire drawing production line and a number of domestic small and medium-sized drawing and annealing production lines. Among them, the production line of continuous casting and rolling copper rod with an annual output of 220000 tons was completed and put into production at the end of 2017, with a total investment of more than 80 million yuan. The new plant is 4000 square meters, with an annual production of 220000 tons of high-density copper wire. The production line is a domestic advanced copper production equipment, under good process control, the product quality is basically comparable to the imported production line, which further meets the needs of the majority of customers for middle and high-end products. Nihov imported large wire drawing production line and a number of domestic small and medium drawing and annealing production lines will be put into operation in 2019.

With the strong support and strong backing of Lu'an Chemical Group, the company has abundant cash flow and implements intensive, large-scale and continuous production, which can ensure the timeliness and effectiveness of supply. The company's products are sold to Jiangsu, Zhejiang, Shandong, Shanghai and other regions, customers above cable, Jiangnan cable, far East cable, Zhejiang products and other large state-owned enterprises, local large and medium-sized enterprises. Over the years, the company adheres to the development concept of reputation first, quality first and service-oriented, and has occupied an important place in the wire and cable industry. Three high-tech products have been approved by the Science and Technology Department of Jiangsu Province, and have been awarded the title of Top 50 Industrial Enterprises in Yixing City for six consecutive years.

In the future, the company will make every effort to build copper manufacturing enterprises with scale influence, enhanced efficiency, intelligent operation and first-class development, and strive to occupy an important place in the field of copper manufacturing in the Yangtze River Delta. Strive to have the development level and operating standards of domestic and even world-class copper enterprises as soon as possible, and strive to sell products to countries along the "Belt and Road Initiative" route.

Business cooperation consultation

Lu'an Hongtai New Copper material Technology Yixing Co., Ltd.

Wen Zhenwu 18861598012

SMM

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.

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SMM visits Lu'an Hongtai New Copper material Science and Technology Yixing Co., Ltd. to strengthen cooperation and promote development - Shanghai Metals Market (SMM)