On August 17, China’s leading copper alloy manufacturer NBJT Copper Alloy Technology Group released the 2020 semi-annual report, stating that the company achieved 17.625 billion yuan in revenue from its main business in the first half of the year, an increase of 4.64% year-on-year; The profit was 247 million yuan, a year-on-year increase of 12.31%. Among them, the total output of copper and copper alloy materials reached 579.4 million tons, a year-on-year increase of 15.67%.
Leading copper processing enterprises further increase production capacity
After more than 30 years of development, NBJT has become a leading enterprise in the copper processing industry that integrates research, production and sales, with the most complete industrial chain, the most categories, and the largest scale in the copper processing industry. One-stop procurement requirements for copper processing products of multiple categories such as wire rods.
In 2019, the total output of NBJT copper processing materials reached 1.03 million tons. According to statistics from the China Nonferrous Metals Industry Association, the company's copper output from 2016 to 2019 ranked first in the same industry in the country.
The company has deep technical reserves and leading research and development capabilities, and is one of the main product standard setters in the copper processing industry. The company introduced the IPD innovative R&D management system, market-oriented and customer-centric, to further standardize the R&D management process and improve R&D efficiency. The company has established an overseas R&D center in Japan to closely follow the market and implement targeted development; establish academician workstations, introduce academicians of the National Academy of Sciences of Ukraine to carry out research and development of high-end copper alloy new materials, and transform cutting-edge issues in the industry into scientific research results and realize industrialization. The company presided over and participated in the formulation of 31 national/industry standards, and has 107 authorized invention patents. In the first half of the year, the company accelerated the construction of key strategic projects and industrial layout, continued to optimize the product structure, and enhanced the R&D and production capabilities of high-end copper and copper alloy new materials, which provided strong support for the company's product transformation and upgrading and strategic development. The company's "40,000 tons/year high-precision copper alloy strip project" and "350,000 tons/year high-conductivity and high-toughness copper wire project" are expected to be put into production in the second half of 2020; "an annual output of 50,000 tons of high-strength and high-conductivity copper alloy rods and wires" The project" and "the project with an annual output of 80,000 tons of hot-rolled copper strip" are expected to be officially put into operation at the end of 2021.
Product sales continue to grow, lean management and efficient operation
The company takes the customer as the center and actively develops innovative service models, and has successively established special customer development project teams for the industrial chain of 5G, new energy vehicles and UHV, focusing on customer needs and continuously improving the company's product service competitiveness. Good sales growth has been achieved in 5G, new energy vehicles, UHV and other industries. The sales of products used in the 5G field increased by 284% year-on-year; the sales of products used in the UHV field increased by 160% year-on-year; Product sales increased by 69% year-on-year; product sales in the field of big data centers increased by 74% year-on-year.