On the afternoon of May 25th, the 2020 Annual General Meeting of Shareholders of NBJT Copper Technology Group was officially held. This meeting reviewed and passed all the proposals. In 2020, the total copper processing volume of NBJT will exceed 1.38 million tons, continuing to maintain its leading position in the industry.
NBJT established a national-level enterprise technology center and post-doctoral workstation earlier to further promote the integrated product development (IPD) R&D management system, and cooperated with the Ningbo Institute of Materials of the Chinese Academy of Sciences, Central South University, Ningbo Research Institute of Dalian University of Technology, and National Research Institute of Ukraine. Cooperation between scientific research institutes and at the same time integrate the resources of equipment suppliers, customers, consulting companies, etc., to create an industrial chain innovation consortium and improve the level of technological research and development.
According to Loucheng, “In recent years, the company has focused on the development of high-strength, high-conductivity, and high-precision new copper-based alloy materials. Last year, the company also focused on the development of clean energy businesses such as wind power and photovoltaics, and continued to deepen cooperation with the State Grid, CATL and Sungrow. The cooperation with benchmark customers in other industries has promoted the extension of the company’s products to high-end applications such as fine processing, deep processing, and customized processing."
According to NBJT's 2020 annual report, the company's precision alloy wires and other products are intensified in 5G base stations, control centers and other modules. Sales of products used in the 5G field exceeded 2,700 tons; sales of rare earth magnetic materials, high-precision copper strips and other products used in the field of new energy vehicles reached more than 4,700 tons; sales of high-precision copper strips and other products used in the UHV field reached 26,000 More than tons; sales of copper busbars and other products in clean energy fields such as wind power and photovoltaics have reached more than 5,200 tons.