On July 29, Fortune China released the latest Fortune Global 500 list, with Jinchuan Group Co., Ltd. ranking 235th, a leap of 65 positions from 2024. Jinchuan Group Co., Ltd. has been listed on the Fortune Global 500 for seven consecutive years. Focusing on enhancing core functions and improving core competitiveness, the company leads industrial innovation through technological innovation and market expansion through product innovation. It accelerates the construction of a modern industrial system, develops new quality productive forces according to local conditions, and has formed seven major industries including nickel-cobalt, precious copper, battery materials, non-ferrous metal new materials, chemicals, new energy, and producer services. The company accelerates the construction of a modern industrial system with Jinchuan characteristics and advantages, striving to become a world-class enterprise with global competitiveness.

To analyze the operational performance of the non-ferrous metals industry, identify issues and prominent contradictions in enterprises' production and business operations, and gather policy recommendations, a symposium on the operational performance of key enterprises in the non-ferrous metals industry for the first half of 2025 was held at the headquarters of the China Non-Ferrous Metals Industry Association (CNIA) on July 22. The symposium is a regular meeting of some key enterprises in the non-ferrous metals industry organized in accordance with the normalized working mechanism established between the Raw Materials Industry Department of the Ministry of Industry and Information Technology (MIIT) and the CNIA. Chen Xuesen, member of the Standing Committee of the CPC Committee and Vice President of the CNIA, and relevant leaders from the Raw Materials Industry Department of the MIIT attended the meeting. Chen Xuesen chaired the meeting. Representatives from Chalco, China Minmetals Corporation, China Nonferrous Metal Mining (Group) Co., Ltd., China National Gold Group Corporation, China Rare Earth Group Co., Ltd., Jinchuan Group Co., Ltd., Shaanxi Non-Ferrous Metals Holding Group Co., Ltd., Shandong Innovation Metal Technology Co., Ltd., Huludao Zinc Industry Co., Ltd., Jinlong Precision Copper Pipe & Tube Group Co., Ltd., Shanghai Futures Exchange, China Non-Ferrous Metals Fabrication Industry Association, China Tungsten Industry Association, and relevant personnel from the Recycling Branch, Silicon Branch, and Lithium Branch of the CNIA attended the symposium and delivered speeches. Representatives from participating enterprises, based on their own enterprises and combined with specific situations, exchanged views on production and operation, resource security, increasing reserves and production, and major project construction in the first half of 2025 and July. The meeting focused on analyzing emerging, indicative, and trending issues that currently affect the stable development of enterprises, particularly the impacts brought about by adjustments in tariff policies between China and the United States, as well as prominent difficulties, problems, and challenges encountered in enterprises' production and business operations. It made a preliminary assessment of the development trend for the whole year, and put forward practical and feasible suggestions based on the actual demands of enterprises. Combining the characteristics of each enterprise, it analyzed the causes and governance suggestions for issues such as "rat race" competition, etc. It looked ahead at the domestic and overseas business environment, and made predictions on the trends for Q3 and the whole year. Practical and actionable policy recommendations were proposed in response to the issues raised by enterprises. In his concluding remarks, Chen Xuesen stated that the non-ferrous metals industry generally performed well in the first half of the year, demonstrating strong development resilience. However, the industry still faces issues and challenges such as resource security, overcapacity, and the control of the import and export of dual-use items. The CNIA will fully leverage its role in serving the government, the industry, and enterprises. In the next step, the CNIA will comprehensively organize and address the urgent, difficult, and concerning issues raised by enterprises, further strengthen interactions with the central government and relevant departments, and support the high-quality development of industry enterprises. Relevant leaders from the Raw Material Industry Department of the Ministry of Industry and Information Technology fully affirmed the achievements made by the non-ferrous metals industry in H1 and provided preliminary responses to the questions raised by enterprise representatives on site. He stated that the Raw Material Industry Department of the Ministry of Industry and Information Technology had already commenced work on the issues raised by enterprises regarding capacity replacement and resource security, and would subsequently actively collaborate and communicate closely with relevant departments and the China Non-Ferrous Metals Industry Association to fully support the stable operation and high-quality development of the industry. Relevant personnel from the relevant departments of the China Non-Ferrous Metals Industry Association attended the meeting.

As a critical material in fields such as aerospace, integrated circuits, and high-speed rail transportation, high-end copper alloys are increasingly gaining strategic importance. Despite China's copper semis production and consumption ranking first globally for consecutive years, with a self-sufficiency rate of 96% for general copper semis, high-end copper alloy products still heavily rely on imports. To address this "chokepoint" challenge, SMM recently launched an initiative for industrial resource integration, collaborating with upstream and downstream enterprises in the industry chain, as well as research institutions, to meticulously produce the "2026 China Copper Alloy Material Procurement Guide" , aiming to advance the localisation process of high-end copper alloy materials and facilitate the transition from being a "major material producer" to a "leading material powerhouse." Jinchuan Niedu Industrial Co., Ltd., as a partner, actively participated in the joint production of the procurement guide, jointly promoting the healthy and rapid upgrading of China's copper alloy material industry chain. Jinchuan Niedu Industrial Co., Ltd., located in Jinchang City, known as the "Nickel Capital" in the central part of the Hexi Corridor along the ancient Silk Road in China, is a wholly-owned subsidiary of Jinchuan Group Co., Ltd. Jinchuan Group Co., Ltd. (JNMC) is a large-scale comprehensive enterprise integrating mining, beneficiation, metallurgy, and mechanical processing. It boasts abundant nickel, copper, and cobalt resources, ranking third in copper production domestically. It possesses a mature copper electrolysis production line with an annual capacity of approximately 1.6 million mt of copper cathode (electrolytic copper), with a copper content of ≧99.935% in the grade of electrolytic copper. In 2024, Jinchuan Group ranked 300th among the Fortune Global 500 and 78th among the China Enterprise 500. Our company sources copper materials from Jinchuan Group Co., Ltd. The company operates in full compliance with modern enterprise management systems and has obtained certifications including the National High-Tech Enterprise Certification, CQC Certification Center's GB/T19001-2016, GB/T24001-2016, GB/T45001-2020 certifications, and the IATF16949:2016 automotive quality management system certification. Main product series and grades: (1) Copper plate/sheet and strip: Grades TU0, TU1, TU2, T2; mainly used in new energy flexible connections, automotive Busbars, automotive power battery transition plates, tabs, heat dissipation modules for 3C products, transformers, and wire and cable, among other fields. Copper plate/sheet and strip Silver-copper strip: Grade TUAg0.3, mainly used in the production of key components such as motor commutators, connectors, and relays. (2) Power devices: Grade C19210/KFC, mainly used in large-scale integrated circuit lead frames, connectors for the NEV industry, 5G/6G communication chip packaging, AI CPU/GPU core chip packaging, automotive radar chip/millimeter-wave radar and satellite communication transmission, low-orbit satellite core device packaging, high-reliability packaging for deep-space explorers, implantable high-end medical electronics, nuclear fusion and extreme energy devices, smart card/IoT modules, flexible circuit board packaging, PV inverters, and other fields. (3) Microcrystalline phosphor copper balls: High-end electroplating products used in industries such as printed circuit boards. (4) TU0, TU1, TU2 series new energy pole posts and busbars (including hard copper busbars and plastic-sprayed copper busbars), widely used in the three electric systems (power battery, drive motor and electronic control system) of NEVs, PV+ESS+charging, medical cold conduction, and rail transit, among other fields. New energy busbars (5) Precision copper-based heat sinks: As heat dissipation materials for components, widely used in fields such as consumer electronics, NEVs, communications and data centers, industrial equipment, and medical devices. Discrete device lead frames: TO-220/TO-247/TO263/TO-252/TOLL/IPM, etc.; Integrated circuit stamped lead frames: DIP/SKY/SMD/SIP/ZIP/SOJ/SOP/SOT/SOW/PLCC, etc.; Integrated circuit etched lead frames: QFN/DFN/QFP/LQFP, etc. As chip packaging materials, widely used in fields such as consumer electronics, communications, automotive electronics, security electronics, artificial intelligence, and data centers. Lead frames (6) Cast copper water jacket series products for large metallurgical furnaces: Mainly include copper cooling water jackets, matte chutes, copper coolers, steel-copper composite water jackets, copper busbars for electrical use, etc. The products are widely used in the fields of non-ferrous metallurgy and steel smelting, with leading production technology in China. The products are exported to provinces and cities such as Xinjiang, Qinghai, Henan, and Guangxi, as well as countries such as Kazakhstan, Iran, Vietnam, and Indonesia. Conductive copper busbars are mainly used in large-current conductors such as industrial electrolytic cells, transformers, and high- and low-voltage distribution cabinets. Various high-quality products produced are popular in the north-west China market. Cast copper cooling water jackets for large metallurgical furnaces Enterprise Contact : Zhao Changzhong 189 9351 4654, Liu Jianbin 181 8945 1415 Enterprise Address: No. 41, Jinchuan West Road, Jinchuan District, Jinchang City, Gansu Province Enterprise Website: http://ndsy.jnmc.com Display of Enterprise QR Code Click here to get the "2026 China Copper Alloy Material Procurement Guide" for free SMM Contact Zhang Wencheng 187 6645 7954 zhangwencheng@smm.cn