Intheupcomingyearof2025,weanticipatethattheglobaleconomywillfaceaseriesofcomplexandvolatilechallenges.WiththeUSpresidentialelectionconcluded,theuncertaintyofglobaltradepolicieswillfurtherincrease,presentingnewissuesforinternationaltradecooperation.Inthegeopoliticalarena,ongoingconflictsandtensionsshownosignificantsignsofeasing,posingthreatsnotonlytoglobalsecuritybutalsosignificantlyimpactingresourceallocationandindustriallayout.Againstthismacrobackdrop,industrialtransferandsupplychainrestructuringhavebecomekeytopicsthatwemustcloselymonitor.Attheindustriallevel,thetrendofprotectionisminmineralresourcesisontherise,directlyaffectingthestabilityofglobalcopperconcentrateTCs.Withtherapidexpansionofglobalsmeltingcapacity,theprofitmarginsofcoppersmeltersarefurthercompressed,andthechallengesfacedbytheindustryarebecomingincreasinglysevere.Inthefieldofsecondarycopperrawmaterials,theadvancementofEnvironmental,Social,andGovernance(ESG)standardsandthe"dualcarbon"goalshavesignificantlyincreasedmarketattentiontosecondarycopper.However,the"reverseinvoicing"policyimplementedin2024andthe"FairCompetitionRegulations"havehadaprofoundimpactonthesecondarycopperindustry.Lookingaheadto2025,thechangesinthelandscapeofthesecondarycopperindustrywillhaveacriticalimpactontheentirecopperindustrychain.Additionally,withthecancellationoftaxsubsidiesandotherincentives,thespaceforcoppercathodetradewillfurthernarrow.Weexpectthattheprocurementratioofcopperprocessingmaterialsbetweentradersandsmelterswillshowamorepronounceddifferentiation.Inthiscontext,the"CCIE2025SMM(20th)CopperIndustryConferenceandCopperIndustryExpo"meticulouslypreparedbySMMwillbegrandlyheldinNanchang,JiangxifromApril22-25,2025.TheHubeiCopperIndustryAssociation/DayeNonferrousMetalsGroupHoldingCo.,Ltd.willattendthisconferenceinfullforce.Wewillkeeppacewiththetimes,aimforourgoals,strivediligently,andmoveforwardcourageously!Clicktheregistrationformtosignupimmediately,andwelookforwardtomeetingyouattheconference.TheHubeiCopperIndustryAssociationwasestablishedinOctober2024,initiatedbyDayeNonferrousMetalsGroupHoldingCo.,Ltd.,HubeiAerospaceCableCo.,Ltd.,HubeiNuodeLithiumBatteryMaterialsCo.,Ltd.,andWuhanSecondWire&CableCo.,Ltd.Itisaprovincial,industrial,non-profitsocialorganizationregisteredandapprovedbytheHubeiProvincialDepartmentofCivilAffairs.Theassociationcurrentlyhasnearly100memberunits,coveringmajorenterprisesandinstitutionsintheprovinceengagedincopperexploration,mining,smelting,deepprocessing,end-useproducts,andindustrychainservices.Theassociationiscommittedtobuildingaplatformforcommunicationandcooperationbetweengovernmentdepartments,researchinstitutions,universities,supplychainservices,andcopperenterprises,creatingaprofessional,service-oriented,andacademicexemplaryindustryassociationthatisdistinctive,vibrant,andsatisfactorytomembersandthegovernment,becomingatrue"industryhome"and"goldennanny"formemberenterprises.Themissionoftheassociationisscalegrowth,productoptimization,technologicaladvancement,innovationenhancement,andgreenandlow-carbondevelopment.Thevisionoftheassociationisa"billion-dollaraircraftcarrier—CentralChinaCopperValley,"andthevaluesoftheassociationareunity,collaboration,progress,andwin-win.Theassociationprovideshigh-qualityindustrialandprofessionalservicestoitsmembers.Industrialservicesincludeindustrychaindocking,industry-university-researchdocking,industrialplanningresearch,investmentandfinancingservices,transformationandupgrading,brandcreationservices,exhibitionandexchange,scientificresearchandinnovation,supplychainservices,marketinformationresearch,andpolicyandregulationinterpretation.Professionalservicesincludeinspectionandtesting,high-endtalentcultivation,intellectualpropertyservices,technicalsupportandtransfer,high-end,intelligent,andgreendevelopment,andenterprisediagnosticconsulting.Sinceitsestablishment,theassociationhasactivelybuiltaplatformforenterprisecommunicationandcooperation,helpingmemberunitsachieveresourcesharingandmutualbenefit.Ithasactivelyprovidedsuggestionstothegovernmenttosolvepracticaldifficultiesforenterprises.Ithasactivelycommunicatedandcooperatedwithstate-ownedcentralenterprisesandnationalkeyscientificresearchinstitutionstohelpenterprisesdevelopnewqualityproductiveforces.Ithasactivelyestablishedcooperativerelationshipswithnationalindustryassociationsandsocieties,continuouslyexpandingthe"circleoffriends"andinfluenceofthecopperindustryinourprovince.DayeNonferrousMetalsGroupHoldingCo.,Ltd.(hereinafterreferredtoas"thecompany")isthelargestdomesticinvestmententerpriseofthecentralenterpriseChinaNonferrousMetalMining(Group)Co.,Ltd.,locatedinHuangshi,Hubei,whichhasa3,000-yearhistoryofbronzeculture.Thecompanywasfoundedin1953andwasoneofthe156keyprojectsduringthefirstFive-YearPlanofNewChina.IthassuccessivelybeenunderthejurisdictionoftheCentralSouthNonferrousMetalsIndustryAdministration,theNationalHeavyIndustryMinistry,theMetallurgicalIndustryMinistry,theChinaNonferrousMetalsIndustryCorporation,andHubeiProvince.OnJanuary21,2011,ChinaNonferrousMetalMining(Group)Co.,Ltd.reorganizedthecompanyintoanimportantdomesticcoppersmeltingbase.Aftermorethan70yearsofconstructionanddevelopment,thecompanyhasgrownintoastate-ownedlarge-scalecopperindustrialconglomerateintegratinggeologicalexploration,mining,mineralprocessing,smelting,andprocessing.Itmainlyowns4operatingmines,3operatingsmelters,1copperprocessingenterprise,1"urbanmining"dismantlingandutilizationenterprise,aswellassupportingenterprisesinscientificresearch,logistics,maintenance,andtrade.Currently,ithasanannualproductioncapacityof4.3millionmtofminingandmineralprocessing,700,000mtofblistercopper,1millionmtofcoppercathode,20mtofgold,1,000mtofsilver,2.6millionmtofsulphuricacid,240,000mtofironoreconcentrates,and300,000mtofcopperrod.Themarketshareofitsannualcoppercathodeproductionranksamongthetopinthecountry.Whilefocusingonstrengtheningandoptimizingthedomesticindustry,thecompanyadherestoanoutward-lookingperspective,activelyexpandingoverseasbusiness.Relyingonthe"goingglobal"developmentstrategyofitsparentcompany,ChinaNonferrousMetalMining(Group)Co.,Ltd.,anditsownprofessionaladvantages,thecompanyhasestablishedanengineeringtechnologycompanyandanoverseasmaintenancecenter,providingresourcedevelopment,operation,andmaintenanceservicesandtechnicalsupportforoverseasChineseenterprisesinCentralandSouthernAfrica,helpingthedevelopmentofoverseasChineseenterprises.ThecompanyisaninnovativeenterpriseinHubeiProvince,possessingaseriesofscientificandtechnologicalinnovationplatformssuchasanational-levelenterprisetechnologycenter,apostdoctoralresearchworkstation,anational-levelengineeringpracticeeducationcenter,anationallyaccreditedlaboratory,andaClassAresearchinstituteinthemetallurgicalindustry,focusingonbuildingnewqualityproductiveforces.Thecompanycurrentlyhas1,876managementandtechnicalpersonnel,including732withintermediateorhigherprofessionaltitles,covering15fieldssuchasmetallurgy,mining,mineralprocessing,andmachinery.Ithasobtained342nationalauthorizedpatents,158varioustypesofscientificandtechnologicalawards,andhaspresidedoverorparticipatedinthedraftingandrevisionof170international,national,andindustrystandards.Ithassuccessivelywonhonorarytitlessuchas"NationalCivilizedUnit,""NationalContractandCreditworthyEnterprise,""NationalMay1stLaborCertificate,""NationalModelHarmoniousLaborRelationsEnterprise,""NationalExcellentEnterpriseinEmployeeIdeologicalandPoliticalWork,"and"NationalExcellentUnitinEnterpriseCultureConstruction."Lookingtothefuture,thecompanywillalwaysadheretotheoriginalintentionof"contributingtothedevelopmentofChina'scopperindustry"andthemissionofrepresentingthe"nationalteam"inglobalcompetition.GuidedbyGeneralSecretaryXiJinping'sthreeimportantinstructionsandthespiritofthe2.26instructiontoChinaNonferrousMetalMining(Group)Co.,Ltd.,thecompanywillimplementthe"1+4"developmentstrategyofChinaNonferrousMetalMining(Group)Co.,Ltd.,continuouslystrengthenscientificandtechnologicalinnovation,optimizetheindustrialstructure,deepeninternalreforms,continuouslyenhancecorecompetitivenessandcorefunctions,andstrivetobuildafirst-classcopperenterprisewithdistinctintelligentandgreencharacteristics,contributingtoChinaNonferrousMetalMining(Group)Co.,Ltd.'sgoalofbecomingaworld-classminingenterprise,anddemonstratingtheresponsibilityofacentralenterpriseinrealizingChinese-stylemodernization.SMMConferenceContact:JieRen,18655033505,renjie@smm.cn.