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23 Nonferrous Metal Enterprises in Jiangxi Were Selected to Be 2018 Top 100 Private Enterprises Province-wide

Recently, Jiangxi released the list of 2018 Top 100 Private Enterprises Province-wide. 23 private nonferrous companies were on the list including Jiangxi Ganfeng Lithium Limited, Jiangxi Jinpin Copper Technology Co., Ltd, Chongyi Zhangyuan Tungsten Limited, Jiangxi kai’an Intelligent Limited.

Jiangxi provincial Party committee and provincial government highly value the development of private sector. Private nonferrous enterprises in Jiangxi formed up industrial clusters centering on three types of advantageous metals: copper, tungsten, rare earth, by which means they are greatly supporting the fast development of Jiangxi nonferrous industry and making contributions to local economy, taxation and social employment. In 2017, among all 278 private enterprises above designated scale in top 10 industries, 64 enterprises focus on nonferrous metal smelting and rolling processing. These enterprises have the features of consistently enlarged gross scale, continually optimized industrial structure, ever-enhanced development vigor and ever-increasing tax paying. Among Jiangxi top 100 enterprises, there are 5 enterprises whose after-tax net profit exceeded RMB 1 billion, and among them, Jiangxi Ganfeng Lithium achieved RMB1.408 billion in profit.