On April 20th, the opening ceremony of the production line project of Zhejiang Jiuli Electric Materials Co., Ltd., a subsidiary of the Group, with an annual output of 180,000 tons of copper rods for electromagnetic wires and 10,000 tons of special copper rods was held in Anji, Huzhou.

Pan Ming, member of the Standing Committee of Anji County Party Committee and executive deputy county magistrate, announced the start of the project. Guan Yongfeng, deputy county magistrate and secretary of the management committee of the demonstration area, delivered a speech. Zhang Yuxu, general manager of Jiuli Group, introduced the project. The event was hosted by Shi Quanbing, vice general manager of Jiuli Group and chairman of Jiuli Electric.

Angie, director of the demonstration zone management committee, vice President of cppcc.in wei-wei Chen, vice secretary of demonstration zone management committee, deputy director of ZhangYiDeng related department heads, long standing group chairman of the board zhi-jiang zhou, long standing group chairman Cai Xingqiang, group director, time passes litas material such as women, chairman and general manager zhou directors, executive officers, department heads, long vertical electric Xu Jun wen, general manager and other project team members, such as construction units mainly personnel to attend this activity.

Zhejiang long vertical electric material co., LTD is a newly established long standing group wholly owned subsidiary, is mainly engaged in copper conductor wire and special copper rod production, processing, marketing and management of the business, leading products for electromagnetic wire with copper rod, special precision copper copper rod and wire, etc., products will be widely applied in all kinds of precision wire, wire and cable, etc. The first phase of the project is scheduled to be put into production at the end of December 2020, with an annual production capacity of 180,000 tons of copper rods for electromagnetic wires.