SMM visits Zhengwei (Gansu) Copper Technology Co., Ltd. To deepen cooperation and promote development

On September 24th, Xu Dean, manager of SMM Copper Department, visited Zhengwei (Gansu) Copper Technology Co., Ltd., and was warmly received by Wu Xiuli and Wang Zijian of Zhengwei (Gansu) Copper Technology Co., Ltd. During the talks, the two sides exchanged their understanding of the dumping and storage of the State Reserve and the changes in the copper rod market. This visit to SMM has gained a deeper understanding of the pattern of the domestic copper processing industry, and will continue to deepen cooperation with major enterprises to achieve complementary advantages and jointly promote the development of China's copper industry.

Brief introduction of Zhengwei (Gansu) Copper Technology Co., Ltd.

Zhengwei (Gansu) Copper Technology Co., Ltd. was established by Zhengwei International Group, a Fortune 500 company, registered with US $150 million in Lanzhou New area in 2013. Mr. Wang Wenyin, an enterprise legal person.

Zhengwei International Group is a high-tech industrial group dominated by the complete industrial chain of new metal materials and non-metal materials, which is developed by the industrial economy. In recent years, great efforts have been made to develop business such as industrial investment and the development of science and technology wisdom parks, strategic investment and financial investment, and trading platforms. It ranks first in the world in the field of new metal materials.

Zhengwei Group is expanding and strengthening the main business of new metal materials, at the same time, it is actively marching into new non-metal materials and other fields. At present, the Group's domestic industrial layout in Guangdong, Jiangxi, Anhui, Liaoning, Sichuan, Gansu, Henan, Xinjiang, Tianjin and other places, involved in metal, non-metal, intelligent terminals, mining and other industrial fields. It has three major R & D centers in the world and cooperates with well-known universities at home and abroad, such as Harvard University, Oxford University, Cambridge University, Peking University, Southern University of Science and Technology, Anhui University and so on.

After 20 years of development, the group has realized the development pattern from the regional, single industry to the world, the whole industry chain. In 2020, the Group achieved a turnover of nearly 700 billion yuan, ranking 68th among the world's top 500s in 2021, 23rd among China's top 500s in 2020, 3rd in China's top 500s, 5th in China's top 500s in manufacturing, and 2nd in China's top 500s in manufacturing industries. The establishment of Zhengwei (Gansu) Copper Technology Co., Ltd. is a major measure for Zhengwei Group to implement the national policy of "western development" and "Belt and Road Initiative" to lay out the electronic information industry in the core area of the Silk Road Economic Belt-Lanzhou New area in western China. Combined with the advantages of capital, talent and management of Zhengwei Group, Zhengwei Group will develop UHV power transmission cables, high-end equipment cables, precision ultra-micro wires, high-conductivity alloy copper poles and so on. Zhengwei Group has made due contributions to the realization of national policies such as "Western Development", "Belt and Road Initiative" and "made in China 2025". Committed to promoting the prosperity and development of Gansu non-ferrous metal intensive manufacturing industry chain, committed to the upgrading and transfer of industrial structure, seizing the development opportunity of the "Belt and Road Initiative" era, so that Gansu manufacturing to the world.

Zhengwei (Gansu) Copper Technology Co., Ltd., the first phase of the project is an annual output of 100000 tons of precision copper wire, production equipment electrolytic tin plating unit, multi-head drawing and continuous annealing unit, high-precision wire binding machine are all imported from abroad. The Contirod production line with an annual capacity of 250000 tons ordered by the second phase of the low oxygen bright copper rod project from the world's top complete equipment manufacturer SMS of Germany is the first in western China, and the equipment technology and process level are among the leading in the world. The customer base has formed a cluster in Gansu, Qinghai, Ningshan and Sichuan and Chongqing markets. The products are based in Lanzhou New area, radiating Xixian, Liangjiang, Gui'an and Tianfu, and have been recognized by large-scale production enterprises in pursuit of high quality. The completion of the production line plays an important bridge role in the transformation of Lanzhou and even Gansu Province non-ferrous metal intensive manufacturing industry chain to high-end electronic information intelligent industry manufacturing. The third phase of the high-conductivity new material project mainly produces copper-magnesium alloy, copper-silver alloy, copper-tin alloy catenary wire, copper-magnesium alloy load-bearing cable and copper-magnesium alloy suspension wire, which are mainly used in the field of rail transit and high-speed railway. it is the lifeline of railway transportation power supply system. The required core equipment on the continuous casting unit and the contact wire giant drawing production line are provided by Ratuomead in the UK and Kieselstein in Germany. This project will be the first enterprise in northwest China to provide high-speed railway transport network wire for China and the world to provide more excellent products and services for high-speed electrified railway and intelligent Electroweb construction. At present, the first, second and third phases of the project have been completed and put into production, and the world's largest single copper rod manufacturing base and the world's largest single railway wire manufacturing base have been built. It has achieved revenue of more than 10 billion yuan for three consecutive years, won the 2019 Enterprise contribution Award for promoting High-quality Development, and ranked first among the top 50 private enterprises in Gansu Province in 2019 and among the top 50 private enterprises in Gansu Province in 2020.

Zhengwei (Gansu) Copper Technology Co., Ltd. starts with the copper industry chain, extending the strong chain to high-end alloys and deep-processed products at the same time. Expand the application of copper alloys in rail transit, automobile and shipbuilding, power electronics, packaging containers, consumer durables and other fields. It has filled the gap in the copper intensive processing and manufacturing industry in Gansu Province, and promoted the transformation and upgrading of the copper processing industry in Gansu Province. It has created an innovative copper industry chain, promoted the expansion of the copper industry chain, and climbed to the middle and high end of the value chain. Since 2017, the annual import and export volume has exceeded 100 million yuan, driving the development of logistics and warehousing industry around Lanzhou New area, boosting the trading volume of non-ferrous metals around Lanzhou New area, opening up the Central Asian Channel of the Silk Road through the combination of domestic and foreign sales, and increasing the entrepot trade volume of Lanzhou New area bonded area through cooperation with international well-known warehousing companies, and enhance the popularity of Lanzhou New area bonded area in the copper industry.

The period of the 14th five-year Plan is the first five years of the new journey of building a modern socialist country in an all-round way. Zhengwei (Gansu) Copper Technology Co., Ltd. will shoulder the responsibility and responsibility of private enterprises. Take the development road of "special, new, different and refined", and continue to deepen the cooperation of upstream and downstream copper industry chain. Cultivate and deploy the innovation chain around the copper industry chain, promote the organic combination and spiral of the copper industry chain, innovation chain and value chain, speed up the formation of an innovative development model of the industrial chain, implement the requirements of national high-quality development, and revitalize "made in Gansu".

More business exchanges and cooperation are welcome to contact

SMM

Contact: Xu Dean

Contact: 185 1206 9994 Universe 021-5159 5856

Mailbox: xudean@smm.cn