Against the backdrop of the country's strong advocacy for green development and resource recycling, Anhui Xinhuida New Material Technology Co., Ltd. was established in March 2024 in the National Economic and Technological Development Zone of Chizhou City, Anhui Province. With its strategic vision, technical strength, and management team, it quickly emerged in the field of recycled non-ferrous metals.
Xinhuida is a key investment attraction and recycling non-ferrous metal enterprise in Chizhou National Economic and Technological Development Zone, shouldering the responsibility of promoting local industrial upgrading and economic green transformation. Chen Weiwei, Deputy General Manager of Xinhuida, stated that the company focuses on the deep processing industry of recycled copper and non-ferrous metals, and has built a complete industrial chain. Its two wholly-owned subsidiaries, Anhui Xinhuida Wire and Cable Co., Ltd. and Anhui Xinhuida Copper Industry Co., Ltd., work together to produce products covering recycled copper, non-ferrous metal smelting, copper bars, copper strips, copper foils, copper rods, copper rods, copper wires, photovoltaic wires, new energy vehicle accessories, wire and cable, which are widely used in fields such as new energy vehicles, electronics and communications, and power appliances.
Chen Weiwei introduced the development of Xinhuida in recent years from the aspects of project construction, technological innovation, market layout, financing, etc. He emphasized that Xinhuida will continue to uphold its mission of "making good use of circular resources and creating world-class products", guided by technological innovation, continuously optimizing its industrial layout, improving product quality and service level, and assisting the green transformation of the non-ferrous metal industry while achieving its own high-quality development.
In terms of project construction, Xinhuida has demonstrated a relatively fast pace. Chen Weiwei stated that the company's current completed and under construction projects cover a total area of 384 acres, with a total investment of approximately 3.8 billion yuan. After the first phase of the new material project reaches production capacity, the annual output of recycled copper rods will be 200000 tons; The Phase II Copper Project is committed to building a production line with an annual output of 100000 tons of copper products, with an estimated annual output value of over 7.5 billion yuan; The third phase of the wire and cable project plans to build a digital energy harness production line with an annual output of 180000 tons, with an estimated annual output value of 11 billion yuan. At the beginning of 2025, Xinhuida won the Outstanding Contribution Award and Excellent Project Construction Award for the year 2024 in Chizhou Economic Development Zone.
Technological innovation has provided the core driving force for the development of Xinhuida. According to Chen Weiwei, the company cooperates with the National New Energy Engineering Laboratory, Northeastern University and other universities, as well as the Chinese Academy of Sciences, plans to build academician workstations, and signs the Strategic Cooperation Agreement with the National Engineering Research Center for New Energy Power Generation to help the upgrading of new energy, semiconductors and other industries in Chizhou. The company also actively applies for patents, various system certifications, cultivates green factories, Anhui Province Enterprise Technology Center and other projects to enhance its technological core competitiveness.
From the perspective of market layout, Xinhuida is based in Anhui and faces the whole country. Downstream customers are spread throughout Shanghai, Jiangsu, Zhejiang, Anhui, Shandong, and North China, and have established cooperative relationships with many enterprises such as Tianjin Boqi Metal and Yixing Xinwei'an Metal.
In terms of financing, he stated that Xinhuida has received support from the Hefei branch of Jiujiang Bank. The Hefei Branch of Jiujiang Bank has launched a special financial service program called "Characteristic Industry Loan - Copper", which has activated the inventory value of Xinhuida copper products and injected development momentum into the enterprise. At present, the Hefei branch of Jiujiang Bank has approved a special industrial loan of 300 million yuan for Xinhuida, connecting the last 100 meters of enterprises and resolving their financing difficulties.