On August 18, China's leading manufacturer of precision copper alloy strips, precision copper alloy tubes, and high-conductivity and high-toughness copper wires, copper-iron alloys: NBJT Copper Alloy Material Technology Group released its first financial report after listing, and the company realized business Revenue was 18.6 billion yuan, a decrease of 6.43% from the same period last year, and the net profit attributable to shareholders of listed companies was 247 million yuan, an increase of 12.31% from the same period last year. Among them, the main business income was 17.625 billion yuan, an increase of 4.64% year-on-year, and the total output of copper and copper alloy materials reached 579.4 million tons, an increase of 15.67% year-on-year, a record high.
Helping the development of China's copper processing industry
In recent years, China's copper processing industry has made great progress. According to public information, China's copper output has ranked first in the world for many years. In 2019, China's copper processing output was 18.16 million tons, an increase of 1.96% year-on-year, accounting for about 65% of global output, and net exports reached 21,300 tons. According to statistics from the China Nonferrous Metals Industry Association Express News, from January to June this year, despite the epidemic, China's copper production still maintained a positive growth, reaching more than 9 million tons.
"The overall level of China’s copper processing equipment has entered the international advanced ranks, and scientific and technological innovations have continued to emerge. The R&D and industrialization of copper-nickel-silicon, copper-chromium-zirconium, copper-iron alloys, copper-titanium, and copper-based composite materials have made significant progress in recent years. The research and development of ferroalloy has reached the world's leading level."
NBJT is the leader of China's copper processing industry. At the same time, the company continues to expand and strengthen the platform for production, education and research. It has long-term research cooperation with Beijing Nonferrous Metal Research Institute, Zhejiang University, Central South University, Dalian University of Technology, Ningbo Institute of Materials, Chinese Academy of Sciences and other institutions. It has also carried out joint product research and development with South Korean LG air-conditioning, Bull Group and other benchmark companies to promote technological innovation and achievement transformation. The copper-iron alloy research and development level is also at the world's leading level.
In the first half of this year, NBJT continued to promote the implementation of the IPD innovative R&D management system, and issued the "IPD R&D Project Management Regulations" internally to further standardize the R&D management process with a market-oriented and customer-centric approach. At the same time, the company signed a cooperation agreement with Central South University and other institutions to jointly promote the research and development and application of copper-iron alloys to help the development of China's copper processing industry.
Continuous upgrading and innovation of copper alloy material products
Over the past 34 years, NBJT has been based in the field of copper processing, continuously increasing the scale of production capacity and product application areas, continuing to upgrade products and technological innovations of copper alloy materials, and has now developed into a leading domestic enterprise with a larger production scale and a relatively complete industrial chain.
Lou Cheng said: “In the first half of this year, the company actively developed customer-centric customer-centric service models, and successively established special customer development project teams for industrial chains such as 5G, new energy vehicles and UHV, and continuously improved the company’s product service competition based on customer needs. Power, and achieved good sales growth in 5G, new energy vehicles, UHV and other industries."
From January to June 2020, the sales volume of NBJT products applied in the 5G field increased by 284% year-on-year; the sales volume of products applied in the UHV field increased by 160% year-on-year; the sales volume of products applied in the new energy vehicle field increased by 69% year-on-year; Product sales in the data center field increased by 74% year-on-year.
Loucheng introduced: "This year, the company has carried out the development of high corrosion resistance and high energy efficiency copper tube JT105; the lead-free environmental protection copper rod JT206 and JT506 products for electronic connectors have been recognized by customers; the electrode material uses large coils of copper and chromium without solder joints. Mass production of zirconium wire rod enters the market; breakthroughs have been made in new electromagnetic casting technology and copper alloy short-flow extrusion technology, laying a technical foundation for new material development and product performance improvement." According to the report, NBJT Copper applied for the first half of this year 23 patents, including 15 invention patents; 16 patents, including 7 invention patents.