In the upcoming year of 2025, we anticipate that the global economy will face a series of complex and volatile challenges. With the US presidential election concluded, the uncertainty in global trade policies is expected to further increase, presenting new issues for international trade cooperation. In the geopolitical arena, ongoing conflicts and tensions show no significant signs of easing, posing threats not only to global security but also significantly impacting resource allocation and industrial layout. Against this macro backdrop, industrial relocation and supply chain restructuring have become key topics that we must closely monitor. At the industrial level, the trend of protectionism in mineral resources is on the rise, directly affecting the stability of global copper concentrate TCs. With the rapid expansion of global smelting capacity, the profit margins of copper smelters are further compressed, and the challenges faced by the industry are becoming increasingly severe. In the field of secondary copper raw materials, the advancement of Environmental, Social, and Governance (ESG) standards and the "dual carbon" goals have significantly increased market attention to secondary copper. However, the "reverse invoicing" policy implemented in 2024 and the "Fair Competition Regulations" have had a profound impact on the secondary copper industry. Looking ahead to 2025, the changes in the landscape of the secondary copper industry will have a critical impact on the entire copper industry chain. Additionally, with the cancellation of tax subsidies and other incentive measures, the space for copper cathode trade is expected to further narrow. We predict that the procurement ratio of copper processing materials between traders and smelters will show a more pronounced differentiation.
In this context, the "CCIE 2025 SMM (20th) Copper Industry Conference and Copper Industry Expo" hosted by SMM will be held in Nanchang, Jiangxi from April 22-25, 2025. Hubei Haorun New Material Technology Co., Ltd. is honored to participate in this conference. We will adhere to our original intention of learning and exchange, closely follow the pulse of industry development, and continue to explore the path of technological innovation and industrial upgrading. We look forward to discussing development and planning the future with industry peers. We sincerely invite you to join us in Nanchang for discussions and exchanges. Click the registration form to register for the conference immediately, and we look forward to meeting you at the conference. Booth number: D15. Based in Central China and radiating nationwide, we aim to build the most influential anode plate supply base. Hubei Haorun New Material Technology Co., Ltd. (referred to as "Hubei Haorun") was established in 2018 as a key enterprise introduced by Xiaogan City, Hubei Province. In May 2022, Ouye Chain Resources Co., Ltd. merged and restructured Hubei Haorun. On October 18, 2024, China Resources Recycling Group (referred to as "China Zihuan") was established in Tianjin, and Ouye Chain Resources Co., Ltd. was fully incorporated. Hubei Haorun became the only metal smelting enterprise in the non-ferrous sector under Ouye Chain Resources Co., Ltd. of China Zihuan, with main products including 8mm low-oxygen copper rod, 12.5mm oxygen-free copper rod, 3mm oxygen-free copper wire, anode plate, and alloy aluminum ingot. The company is located in Dawu County, Xiaogan City, Hubei Province, with a registered capital of 210.86 million yuan and a total area of about 131.5 acres. It has an annual production capacity of 250,000 mt of secondary copper and 200,000 mt of secondary aluminum. Relying on the central base, the company has also laid out its industrial presence in Hubei, Anhui, and Shandong, supplying more than 20,000 mt of anode plates monthly, aiming to build the most influential anode plate supply consortium in China. The company has successively won honors such as "National High-tech Enterprise," "Innovative" SME of Hubei Province, "Specialized and Sophisticated" SME of Hubei Province, and one of the top 100 industrial enterprises in Xiaogan City in 2022. It has successfully passed the three-system certification of quality, environment, and occupational health and safety management, and was successfully selected into the first batch of the "Specifications for the Processing and Utilization of Waste Copper and Aluminum" enterprise list by the MIIT. Contact: Wang Xingang 17305629966. SMM Conference Contact: Liu Mingkang 15653090867 liumingkang@smm.cn.