Guangzhou Jiangtong Copper Material Co., Ltd. was established in July 2010 as a wholly-owned subsidiary of Jiangxi Copper Co., Ltd. Located in Zengcheng Economic and Technological Development Zone, Guangzhou, the company covers a total area of 90 mu and is the largest copper rod and wire production base of Jiangxi Copper Co., Ltd. in South China. With a total investment of 2 billion yuan, Guangzhou Jiangtong will produce 400,000 tons of copper rod and wire annually upon full operation, generating an output value of 18 billion yuan. The 400,000-ton annual copper rod and wire project is one of the key projects in Jiangxi Copper's 'Twelfth Five-Year Plan'. Implemented under the principle of 'high starting point, new mechanisms, large scale, and emphasis on environmental protection', the project selects state-of-the-art processes and equipment to meet the quality demands of high-end customers, extensively applies new processes and technologies to improve the overall level of comprehensive resource utilization, and strives to become the largest, highest-quality, and most competitive copper processing product manufacturer and supplier in South China.
Jiangxi Copper Co., Ltd. ranked 41st among China's top 500 enterprises in 2010, and is listed on the Shanghai Stock Exchange with A-share code 600362; it is also listed on the Hong Kong Stock Exchange with H-share code 00358. The cathode copper production capacity of Jiangxi Copper has entered the top three in the global copper industry, and its total assets, sales revenue, and net profit all rank first in the domestic copper industry.
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