It highly indicated the advantages of Chenzhou city on the non-ferrous metals industry

On March 19, 2015, Hunan Provincial Non-ferrous Metals Management Bureau released 2014 Hunan provincial top50 non-ferrous metals companies list. 28 enterprises as Yuteng Non-ferrous from Chenzhou city were enrolled into the list, covering more than 50% of the total. Yuteng Non-ferrous, Jingui Silver, Jinwang Bismuth and Huaxin Non-ferrous were ranked the top ten. All of those highly indicated the advantages of Chenzhou city on the non-ferrous metals industry.

Chenzhou city is with abundant non-ferrous resources. In order to transfer resource advantage into economic advantage, Chenzhou city placed great efforts on the construction of strategic system of “five in one” of non-ferrous metals. “Five in one” refers to cultivating a batch of brand enterprises, building a national quality testing center, releasing a price index, establishing a trade platform and setting up a exhibition platform. Currently, the system was almost been finished and gained great results. Some newly established private companies as Yuteng Non-ferrous, Jingui Silver, Huaxin Non-ferrous, Guiyang Silver Star, Jinwang Bismuth, Yongxing Zhongde, Zhantai Non-ferrous, Fengyue Environmental Protection, and Zhongxiang Tungsten which were known as “none King Kongs” were developed rapidly. Shizhuyuan, Huangshaping, Baoshan, Xintianling, and Yaogangxian which were named “new five tigers” of traditional state-owned mines were refreshed vigorously and became remarkable brand enterprises of Chenzhou city. The high-standard and high-level national non-ferrous quality testing center was placed to operation. R&D Center of Hunan Non-ferrous Metals (Chenzhou) Price Index and index website were placed to operation and released the relative indexes of 9 non-ferrous metals as tungsten, bismuth, antimony, and etc., which helped Chenzhou city to proceed a key step for obtaining pricing power and speaking right of the world concerned for non-ferrous metals. The World’s Non-ferrous Metals Museum which is with multi-functions as knowledge, science, exhibition, and art would be finished and opened to public soon. About 30,000 dealers were registered in South Rare & Precious Metals Exchange Center with a trading volume of 30billion yuan every week.