China's Tongling Nonferrous Metals Market Cap Exceeds 100 Billion Yuan, Peaking at 103.387 Billion Yuan
2026-06-24 14:51
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en.Wedoany.com Reported - The total market capitalization of China's Tongling Nonferrous Metals Group Co., Ltd. (stock code 000630) exceeded 100 billion yuan in mid-June, peaking at 103.387 billion yuan, officially entering the ranks of companies with a market cap of over 100 billion yuan. This change indicates that the company is shifting from scale growth to value enhancement.

In recent years, the company has adhered to the new development philosophy, building a green production system across the entire industrial chain, continuously improving capacity utilization rates and product added value. Its operational quality has steadily improved, core competitiveness has been increasingly strengthened, demonstrating development resilience. Especially since the implementation of the "15th Five-Year Plan," the company has focused on green, intelligent, and integrated development directions, strengthening its main business, adjusting its layout, and driving innovation.

Leveraging its advantages in the complete copper industry chain, Tongling Nonferrous Metals' core mines and smelting bases maintain industry-leading capacity utilization rates, while the market share of high-end copper materials in the new energy and electronic information sectors is gradually expanding. At the same time, the company is accelerating its transformation towards high-frequency and high-speed scenarios such as 5G and Artificial Intelligence, optimizing market structure, strengthening technological empowerment, and coordinating efforts in resource acquisition, technological upgrading, and green and low-carbon transformation, striving to build a world-class enterprise.

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