Driven by global economic integration and technological innovation, magnet wire, as a fundamental material for the electrical power and electronics industries, has seen continuously climbing demand. In 2025, the rapid development of China's NEV, smart power grid, and other industries injected strong momentum into the magnet wire industry. Meanwhile, tightening environmental protection regulations and rising technological barriers accelerated the industry's transition toward green production and intelligent manufacturing. The eastern region exhibited a notable industrial clustering effect, the central and western regions accelerated their industrial layout leveraging resources and policy support, and the northeast embraced new opportunities through the Belt and Road Initiative. Against this backdrop, Zhejiang Jinjia Special-Shaped Copper Co., Ltd. joined hands with SMM to jointly produce the which came into being at the right moment. Through data collection and regional analysis, the industry distribution map was created to reveal development characteristics and trends, providing a scientific basis for enterprise strategies, policy formulation, and investment decisions, and facilitating the high-quality development of China's magnet wire industry. (Claim your free distribution map:) Specializing in High-Precision Oxygen-Free Copper Product Series ▌Company Profile Zhejiang Jinjia Special-Shaped Copper Co., Ltd. , located at No. 3 Chuangzhi Road, Lijiaxiang Town, Changxing County, in the Changxing Sub-zone of the South Taihu Lake Industrial Cluster Area, covers a land area of 111.8 mu, with a total building area of 167,600 m² for workshops and office buildings. The company specializes in high-precision oxygen-free copper processing, professionally producing premium upward-cast oxygen-free copper rod, oxygen-free copper busbar, copper billet, and special-shaped copper semis, as well as high-precision oxygen-free copper plate and copper strip products . The company owns multiple sets of domestically advanced energy-saving and environmental protection upward continuous casting units, capable of providing clients with premium electrical oxygen-free copper rod in various specifications ranging from Ø8.0 to Ø35.0 mm. The company owns multiple sets of the most advanced domestic copper semis continuous extrusion units of various models and fully automatic copper busbar drawing and straightening integrated units, capable of providing clients with copper busbars and copper billets in various specifications, producing copper busbar products with widths of 320 mm and below, and producing copper billet products with diameters of Ø120 mm and below, with internal quality and oxygen content both exceeding national standard requirements. The company possesses strong mold design and development capabilities, enabling it to provide clients with technical support and develop special-shaped copper busbars and electrical special-shaped products. The company co-established a "production-academia-research" research base with the Continuous Extrusion Research Center of Dalian Jiaotong University. Relying on Dalian Kangfeng Technology Co., Ltd., it developed the world's first TLJ800U copper semis continuous extrusion unit. The commissioning of this equipment enables the company to provide clients with oxygen-free copper plate/sheet and strip with a thickness of 12–20 mm and a width of 420–630 mm. The company also collaborated with China Copper Industry Kunming Heavy Industry on a copper plate/sheet and strip rolling production line and its ancillary facilities. Once in operation, it can provide clients with copper plates, copper strips, and other products in various specifications. The company has obtained certifications for the ISO 9001-2015 Quality Management System, ISO 14001-2015 Environmental Management System, and ISO 45001-2018 Occupational Health and Safety Management System, strictly implementing standardized management to provide reliable assurance for product quality. ▌ Contact Information Xu Jianhua 139 5759 7472 SMM Contact Chen Xiaolong 180 1708 9983 Long press to scan the QR code for a free distribution map

According to data from the General Administration of Customs, China's copper plate/sheet and strip exports totaled 12,246.37 mt in April 2026, up 5.46% MoM and up 14.01% YoY. From January to April, China's cumulative copper plate/sheet and strip exports reached 45,487.58 mt, up 16.14% YoY cumulatively.

In April, China's copper plate/sheet and strip exports showed structural divergence. Copper strip was up 15.6% YoY, accounting for nearly 70% of the total and remaining the core export driver. Brass strip and cupronickel strip were up 9.0% and 25.0% YoY respectively, both rebounding MoM, with brass strip showing a notable MoM increase. Bronze strip and other categories still posted positive YoY growth, but pulled back MoM due to short-term order pace fluctuations. Overall, mainstream categories all maintained YoY growth, while MoM performance diverged due to differences in order pace.

According to data from the General Administration of Customs, China's copper plate/sheet and strip exports in April 2026 totaled 12,246.37 mt, up 5.46% MoM and up 14.01% YoY. From January to April, China's cumulative copper plate/sheet and strip exports reached 45,487.58 mt, up 16.14% YoY cumulatively.

According to SMM, copper prices surged this week, significantly suppressing new order intake in the copper plate/sheet and strip industry. However, thanks to ample backlog orders accumulated in the earlier period, industry production demonstrated strong resilience. Demand orders from core downstream sectors such as power, new energy, and electronics remained generally stable, supporting full production schedules for most enterprises. As a result, the industry's operating rate continued to fluctuate at highs.

According to SMM, the operating rate of the copper plate/sheet and strip industry in April 2026 was 77.95%, up 0.7 percentage points MoM and up 4.14 percentage points YoY. Among them, the operating rate of large enterprises was 87.48%, medium-sized enterprises 62.39%, and small enterprises 66.66%.

On May 14-15, 2026, the SMM WCCE 2026 (4th) Wire & Cable Industry Development Conference and Industrial Exhibition will grandly open at the Suzhou International Conference Hotel, focusing on precise matchmaking across the cable industry chain. With full-chain resource integration and efficient supply-demand matching at its core, the exhibition builds a quality bridge for business negotiation and technical exchange among industry partners. Rooted in the non-ferrous metal deep processing sector and focusing on copper-based new material R&D and high-end metal product intelligent manufacturing, two strong enterprises have been deeply engaged in process innovation and quality upgrading. They will showcase high-end copper-based new materials and precision metal products at the exhibition, demonstrating hardcore strength through scientific and technological innovation, and fostering industrial cooperation through fine craftsmanship and premium products, jointly exploring new frontiers in the non-ferrous metal industry. Luohe Jinpusen Metal Technology Co., Ltd. was established on June 6, 2022, with a registered capital of 66 million yuan. It is a company integrating R&D, manufacturing, sales, and services of metal products. The company's total project investment was 260 million yuan, covering an area of 68 mu with a building area of 18,000 m². Jinpusen emphasizes technological innovation and R&D investment, possessing a professional R&D team and advanced production equipment. In accordance with internationally advanced copper rolling and processing technologies and process standards, the company has implemented the "Annual Production of 80,000 mt Copper Rod and 30,000 mt High-Purity Oxygen-Free Copper Wire Project" and the "Annual Production of 110,000 mt Non-Ferrous Metal Processing Project" . By introducing advanced copper rolling and processing technologies from in and outside China, Jinpusen has continuously improved product quality and performance. With scientific research innovation, process quality, and comprehensive services, the company has earned market recognition and client acclaim. Its products are widely used in military industry, automotive, State Grid Corporation of China, electronics, new energy, smart transportation, and many other fields. Business Scope: Using high copper content Grade 1 copper as raw material, the company is primarily engaged in the technical R&D, manufacturing, and sales of copper metal materials and related products; metal product manufacturing, processing, and sales; manufacturing, processing, and sales of bright low-oxygen copper rod, oxygen-free copper rod, copper busbar, high-precision copper wire, alloy composite copper wire, high-precision copper plate/sheet and strip, and copper pipe & tube; copper metal wire drawing processing, etc. Luohe Yuanheng New Materials Co., Ltd. was established on August 8, 2024, with a registered capital of 50 million yuan. It is a modern enterprise focused on the new materials sector. Yuanheng New Materials has introduced internationally advanced non-ferrous metal rolling and processing production lines, combined with independently developed precision processing techniques, enabling high-precision and high-efficiency rolling and processing of various non-ferrous metal raw materials. Its main products include bright low-oxygen copper rod, oxygen-free copper rod, anode plates, and copper metal wire drawing products, which are widely used in high-end manufacturing fields such as electronic information, aerospace, and new energy. In 2025, the company achieved an annual output value of 5.3 billion yuan, with annual tax payments of 450 million yuan. The output value is expected to reach 7 billion yuan in 2026. Yuanheng New Materials has always upheld the development philosophy of "Innovation, Quality, Green, and Win-Win" , committed to technological innovation and sustainable development. The company will continue to increase investment in R&D and resource recycling, deepen upstream and downstream cooperation, and strive to enhance core competitiveness, facilitating the green, intelligent, and high-end development of the new materials industry. May 14-15, 2026, Jiangsu · Suzhou International Conference Hotel . Friends from all sectors are welcome to attend the conference in person and visit the booths of Luohe Jinpusen Metal Technology Co., Ltd. and Luohe Yuanheng New Materials Co., Ltd. (E27) to experience up close the strength of high-precision copper semis intelligent manufacturing and the innovative charm of high-end new materials, explore new cooperation opportunities, and open a new chapter for the industry together. SMM WCCE 2026 (4th) Wire & Cable Industry Development Conference and Industrial Exhibition May 14-15 Jiangsu · Suzhou International Conference Hotel Participating enterprises: Qifan Cable, Kunyi Cable, Senyuan Cable, Sanwu Cable, Huili Cable, Wanma Co., Ltd., Xinhai High Conductivity, Chenfeng Yongliang, Xinhuang Group, Dongwu Futures, Guojia Conductor, Hongxing Meike, Dongfeng Cable, Qijia Industrial, Beijing Shougang Ferroalloy, Xinhongye, Yingtan Chaolong, Meichuangli, Jiuli Electric, Xinzi Nengke, Xindongang Electric, Aerospace Electric, Guochu Logistics, Jielüda, Jinhuijia, Xindian Aluminum Alloy, Gangwei Ultrasonic, Jinrui Qianyuan... Click to View ☛ ｜

According to SMM, new orders in the copper plate/sheet and strip industry have declined recently. However, as previously received orders remain sufficient, current production schedules of copper plate/sheet and strip enterprises are full, and the industry operating rate stays high.

According to SMM, thanks to sufficient earlier order reserves, the copper plate/sheet and strip industry currently maintained overall stable operations. However, new orders continued to pull back, and enterprises' backlog orders awaiting delivery gradually decreased. End-use demand follow-through was weak, and the industry lacked sustained demand momentum. The market was generally cautious about May order intake and subsequent production schedule pace.

According to data from the General Administration of Customs, China's copper plate/sheet and strip exports in March 2026 reached 11,612.2 mt, up 38.32% MoM and up 10.14% YoY. From January to March, China's cumulative copper plate/sheet and strip exports totaled 33,241.21 mt, up 16.95% YoY cumulatively.