Changxing Copper to Achieve RMB 1 Billion Output Value

Zhejiang Changxing Copper Co., Ltd., which opened this February, is currently maintaining positive growth. After achieving output value of approximately RMB 400 million over just 4 months, the company achieved sales of RMB 130 million in July, and is expected to achieve an output value of RMB 1 billion over the whole year.

As a copper processing company invested by Garden Group, Changxing Copper Co., Ltd.specializes in the processing of high-precision red copper plates, red copper strips, red copper bars, red copper rods and special-shaped steel.An investment of RMB 9.2 million has been made in the first phase of the project and annual production capacity of 25,000 tons of copper has been achieved. In 2010, the company will invest RMB 70 million, and it is expected to achieve a production value of RMB 800 million.