Quanwei Copper Technology Co., Ltd. was established in 2005 and is a wholly-owned subsidiary of ZW International Group. The main business of Quanwei Copper Technology Co., Ltd. covers the research and development, development, production and sales of copper materials and cables. It is the first private enterprise in Anhui history to exceed 10 billion yuan. China's top 500 private enterprises and ranked first in Anhui Province for five consecutive years.
The first phase of Quanwei Copper “250,000 tons of low-oxygen bright copper rod project and 140,000 tons of fine copper wire project” is the key node project of Tongling to achieve the double 100 billion copper industry, and it is also the “861 key project of Anhui Province” And strategic emerging industry backbone projects. The project introduces the CONTIROD continuous casting and rolling production line (with an annual output of 250,000 tons of bright copper rods) manufactured by SMS (the German SMS group), the world's largest metallurgical equipment manufacturer, and the German NIEHOFF company's MM85 double wire drawing machine (with an annual output of 140,000) Tons of fine copper wire), this equipment is the world's top complete set of professional equipment, the single plant output value exceeds 10 billion. The project was formally put into operation in August 2009, and achieved normal production and steady production in a very short period of time. In the year when production started, the sales revenue exceeded the 10 billion yuan mark. In 2013, Quanwei Copper Technology Co., Ltd. once again ranked first in Anhui private enterprises with an annual operating income of 23.09 billion yuan.
At present, Quanwei Copper is rapidly advancing the second phase of the project. On the basis of the original industry, new projects such as copper deep processing,electrified railway overhead conductors, high-conductivity alloy copper, high-conductivity precision ultra-fine wires, high-precision wire harnesses and other high-value-added copper refined products and R & D centers are added. After the implementation of the second phase of the project, it will provide 1,500 jobs for the local area.