On the afternoon of December 10th, the Unveiling Ceremony of China Copper International Trade Co., Ltd. was held in Shanghai. Chen Mingbo, Chairman of Shanghai Municipal Commission of Economy and Informatization, Ge Honglin, Secretary of the Party Group and Chairman of Aluminum Corporation of China, Yu Dehui, General Manager of the Corporation, were present and unveiled for China Copper International Trade Co., Ltd. Rong Zhiqin, Vice Chairman of the Commission, made a speech.
As a central enterprise, the Aluminum Corporation of China deeply implements the deployment from the Central CPC Committee and the State Council, actively adopts the new development concept, promotes the structural reform of the supply side, and makes itself a world-class nonferrous metal enterprise with global competitiveness. In recent years, the corporation has steadily accelerated the pace of cooperation with Shanghai. In order to integrate the copper plate marketing business within the Group and actively promote the strategic layout of establishing the southern headquarters in Shanghai, China Copper International Trade Co., Ltd, a 100 billion-grade trading platform built by the Aluminum Corporation of China, completed its registration in Pudong New Area on November 12 with a registered capital of RMB600 million, mainly engages in nonferrous metal trade.
As one of the most important core companies of the Aluminum Corporation of China, China Copper will strive to accelerate the transformation to the front end of the industrial chain and the high end of the value chain. At present, China Copper focuses on becoming a world-class copper, lead and zinc enterprise with global competitiveness. An integrated marketing system is the objective requirement and realistic need to achieve this strategic goal. After the formal operation, China Copper will take the goal of "serve internal enterprises to create efficiency, compete with external markets for profits", make good use of specialized marketing platform, base itself on the city and look around the world, and give full play to the location advantages of Shanghai and the favorable external environment of the free trade pilot zone. On the other side, the corporation will actively cooperate with upstream and downstream enterprises, fully participate in market competition, embody commercial value in the international non-ferrous industry market, and play an important role in enhancing the influence and competitiveness of Shanghai among worldwide cities.
Leaders from relevant units were present in the ceremony, including Shanghai Financial Regulatory Bureau, Pudong New District, Shanghai Futures Exchange, Aluminum Corporation of China and divisions from relevant enterprises in Shanghai.
