2018 Established Jiangtong Shenghua (Shanghai) Cable Co., Ltd
Under the background of deepening reform of state-owned enterprises, Jiangxi Copper Co., Ltd. and Shanghai Shenghua Cable (Group) Co., Ltd. jointly invested and established a mixed-ownership enterprise with state capital and holding shares. It is a new platform for transformation and upgrading, scientific and technological innovation, resource integration and industrial extension of wire and cable industry and copper processing.
Founded in 1979, Jiangxi Copper Group Co., Ltd. is a large cathode copper producer in China and a supplier of copper processing products with a complete range of products. It is a leader in China's copper industry and one of the most powerful enterprises in the non-ferrous metal industry. With the goal of creating "first-class product influence", JCCO always adheres to the "customer" as the center, takes innovation as the guidance, and constantly improves the product quality and service level. The "JCCO" brand products of various categories are listed as "Jiangxi Famous Brand Products". In 2020, JCG was selected as the 199th of the "Top 500 Asian Brands", which has a significant industry influence in China and even the world.
Shanghai Shenghua Cable (Group) Co., Ltd, one of its shareholders, was founded in 2002. It is one of the largest manufacturers in the cable industry in China, ranking among the top 500 of China's manufacturing industry, China's machinery and China's private enterprises. Its "new xin" brand cable with advanced technology, reliable quality, excellent service has been widely used in electric power, water conservancy, coal, petrochemical, metallurgy, construction, railway, communication, transportation and city infrastructure construction field, and exported to Russia, Australia, Indonesia, Pakistan and so on more than 30 countries and regions.
Jiangtong Shenghua (Shanghai) Cable Co., Ltd was established
Jiang copper has a new action in big Shanghai
Jiangtong Shenghua (Shanghai) Cable Co., Ltd. was officially put into operationOn July 1, 2018, a cooperation between a Jiangxi state-owned enterprise and a Shanghai private enterprise with an additional investment of 3 billion yuan was launched in Pudong, Shanghai. JIANGXI COPPER SHENHUA (SHANGHAI) CABLE CO., LTD., invested by JIANGXI COPPER AND SHANGHAI SHENHUA CABLE GROUP, was formally put into operation. Unexpectedly, the production of an enterprise has attracted great attention from Wenzhou, Hefei, Shanghai Pudong New Area and Yingtan. On this day, the four parties gathered in the Pudong New Area, only to give birth to a brand new 100 billion level enterprises.
It is reported that this step layout of Jiangcopper Group is expected to become a win-win cooperation between Jiangxi and Shanghai, a benchmark case of jointly promoting high-quality industrial development and deepening reform of state-owned enterprises, and will also help to promote the brand of "Made in Jiangxi". Stunning "Four Cities" in a Single ProductionThe establishment and commissioning ceremony of JCT Shenghua (Shanghai) Cable Co., Ltd. was held in Nanhui Industrial Institute, Pudong District, Shanghai at 10 am, 1st. On the scene of the ceremony, in addition to the relevant senior leaders of jiangtong and shenghua cable group, there were also a group of special guests: jin mei, member of the standing committee of Shanghai pudong new district committee and minister of united front, wang wensong, vice mayor of hefei city, Lin xiaofeng, vice mayor of wenzhou city, and xu yun, member of the standing committee of yingtan city committee and minister of united front. A production, why will disturb four cities, regions?
It turns out that this project has something to do with "Four Cities".
"The cooperation between Shanghai Shenghua and Jiangcopper provides a new path for the development of Shanghai's private economy and the development of state-owned enterprises from other provinces and cities in Shanghai. Private enterprises in Shanghai can make full use of the advantages of state-owned enterprises in other provinces and cities such as capital, resources and brands to achieve rapid development. State-owned enterprises in other provinces and cities can take advantage of Shanghai's advantages in scientific research, talent, market and other aspects, and take advantage of the flexible system and mechanism of private enterprises to accelerate transformation and upgrading. Through innovation-driven transformation development, enhance the core competitiveness of the enterprise." Painstakingly said.
It is understood that thiscooperation is an attempt to explore the cableindustryin jiangtong,jiangtong wil copy the successful experience toother areas in thefuture.Wang
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talent and other aspects, to help Jiangcopper Group to create a 10o billion copper cable industry chain development pattern.
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in Shanghai.""Thepartnership betweenChina's largest coppercompanyandChina'slargestcable company,andbetweenJiangxi's largest state-ownedcompany and awell-
known private company in Shanghai, is bound to be a great story for the industry," said Mr Lin.
"Jiang copper from Yingtan started,this time Jiangxi enterprises to seize the beach in Shanghai, naturally become Yingtan recommended a good opportunity for copper
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lump-based economy and highlight the advantages of Yingtan copper industry." Xu Yun said that entrepreneurs from Shanghai, Wenzhou and Hefei are welcome to invest in
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A mixed-use reform to activate "two places"
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"mixed reform".
In the reform of state-owned assets and state-owned enterprises in Shanghai in recent years, some local state-owned enterprises in Shanghai have promoted the "mixed
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"The establishment of JiangCopper Shenghua (Shanghai) Cable Co., Ltd. is a major strategic move for both sides to adapt to the new era, new economy and new normal," said
Zeng Qingjian, deputy general manager of Jiangxi Copper.
Shanghai has always been a hot spot for Jiang Tong
As early as 2010, by introducing central enterprises and foreign investors, JCCO established JCCO International Trade Co., Ltd. in Shanghai. With this as its tentage, JCCO has been expanding its business overseas. Jiangtong international trade also live up to expectations, for many years in a row into the top ten of Shanghai top 100 foreign invested enterprises, becoming the "leader" of jiangtong sweater sector.
According to the introduction, the newly established Jiangtong Shenghua (Shanghai) Cable Co., Ltd., which is controlled by state-owned assets and adopts the operation and management system of private enterprises, is an exploration of Jiangtong Group in the practice of mixed ownership. The property of mixed ownership and state capital holding will be conducive to JCT Shenghua (Shanghai) Cable Co., Ltd. to further promote the mixed ownership reform in a wider range. The new enterprise, headquartered in Shanghai and a product of the cooperation between Jiangxi and Shanghai, will help Shanghai give full play to its functions as a city and build its brand in the process of serving the whole country.
Zhang shengfei, chairman of Shanghai shenghua cable group, believes that the cooperation between the enterprise and jiangtong is a major move of cooperation and win-win cooperation between the two sides, and the ultimate goal is to establish a resounding brand of Shanghai and jiangxi manufacturing industry, build a world-class cable manufacturing enterprise, and make contributions to the development of China's manufacturing industry.
One time cooperation to leverage "100 billion"
One is the biggest copper enterprise, one is the biggest cable company, what is the cooperative foundation that both join hands? Will the future guide the direction of the enterprise?
Zeng Qingjian told reporters that more than 90 percent of China's wire and cable enterprises are small and medium-sized enterprises, and the average utilization rate of equipment is 30-40 percent, far lower than the international rate of more than 70 percent. In Europe and the United States and other developed regions, the total capacity of the top 10 cable enterprises is more than 60%, while the total capacity of the top 10 cable enterprises in China only accounts for about 10% of the national total capacity. In terms of product structure, China has a large surplus of low-end wire and cable products, while high-end products such as high-speed railway, aerospace, nuclear power and other fields are basically dependent on imports.
In this context, it is particularly important to build a cable enterprise with high industrial concentration and strong technological innovation ability. JTCS Shenghua (Shanghai) Cable Co., Ltd. is officially determined to build itself into a world-class cable manufacturing enterprise, changing the situation that the cable industry still has a lot of "bottleneck technology" controlled by others. Through transformation and upgrading, scientific and technological innovation, and resource integration, JTCS aims to build a large-scale platform of "100 billion" level.
"Jiangcopper is a copper-oriented enterprise. On the road of building a world-class enterprise, it must maintain its own advantages in the upstream and downstream of the industry. Wintek Cable Group is an industry leader with advantages in brand, channel and research and development. This is the basis of our cooperation." "Jantong and Wintek are still two ends of the copper industry chain. Now they are connected, the market will be more smooth in the future," said Zeng. In the next step, we will maintain the original advantages of both sides, promote technological innovation, take the road of internationalization, and achieve a win-win situation."