Jiangrun Copper Limited Company Set its Eyes on the Leading Position of Copper P

Jiangrun Copper Limited Company’s total investment volume for projects of stranded copper wire with high strength and high conductivity as well as high-performance copper and copper alloy wire are 500 million yuan and 360 million yuan, respectively. The company plans to introduce 85 units (sets)of high-end equipment from NIEHOFF company in Germany and SCR-7000 casting-and- rolling copper alloy wire production line from America. The two projects kicked off in July of 2011 and July of last year respectively and will be finished and go into operation in July this year. By then,the capacity will double, making the “leading position” in the national copper processing industry a likely goal.

As an enterprise whose taxed sales have exceeded billions of RMB for several consecutive years, Jiangrun Copper Limited Company in Jiangsu Province is not resting on its advantage in the market competition. On the contrary, it promotes the development of two major projects in order to double its capacity, namely,the projects of stranded copper wire with high strength, high conductivity and high performance copper and copper alloy wire in July 2011 and July 2012, respectively. At present,civil engineering on the main part of manufacturing floor of these two projects has been finished, and installation of equipment is being intensely carried out. The two projects are expected to go into operation in June. By then, the enterprise can not only increase its annual capacity of producing low-oxygen copper rod by 350,000 tons and stranded cooper wire by 50,000 tons, but will also likely increase its taxed sales by about ten billion yuan annually.

Jiangrun Copper Corporation is a subsidiary founded by Jinhui Group in 2007. It is in the leading position in the industrial competition with an annual capacity of 350,000 tons of lowoxygen copper rod and 50,000 tons of stranded copper wire. However, Jiangrun Copper Corporation is not content with the status quo. Luo Wei, general manager of the enterprise, based on his sensitive perception expect that the copper processing industry, although affected by the constant fluctuation of copper price, will,with the advancement of society, have a vast market, especially in the emerging fields of the third-generation AP1000 copper conductor and cable used in aviation and sailing. Hence, it made the resolute decision to expand its capacity.

In July 2011, Jiangrun Copper Corporation invested 500 million yuan to start developing the project of copper stranded wire with high strength and high conductivity, and planned to introduce advanced equipment for producing copper stranded wire. In July 2012, the corporation invested 360 million yuan to introduce production line for producing highperformance copper and copper alloy wire. At present, the manufacturing floor and equipment infrastructure of these two projects have been completed. By this month, the third batch of equipment (23 sets in total)for producing copper stranded wire has been delivered from the Nieuhof Company of Germany. At the end of the next month, another dozens of sets will also be in place in batches. In late June, the two projects can be put into operation. By then,Jiangrun Copper Corporation will own the most technologically advanced equipment with the largest scale for producing high-end copper in China’s copper processing industry.