1986 10 Floor Mr. Guoqiang was ordered to build Ningbo Miaoshan Copper Factory on the ruins of a closed township-run small factory. At the beginning of 1987, Lou Guoqiang led the workers to smelt the first batch of copper from waste copper, and developed H59 and H62 copper bars, achieving an output value of 800,000 yuan and a profit of1260,000 yuan, which completely transformed the enterprise. 199 1 year, Miaoshan Copper Factory was renamed as Ningbo No.1 Copper Rod Factory, with an output value of 22.68 million yuan and profits and taxes 153 1700 yuan. 1992 copper strip products were developed, with an annual output value of 54.97 million yuan and profits and taxes of 2.852 million yuan. 1in June, 1993, advanced equipment of oxygen-free copper production line was introduced, and the best-selling oxygen-free copper line was produced in the market at that time. In that year, the output value reached/kloc-0.20 billion yuan, and the profit and tax was 6.32 million yuan. Ningbo Jintian Copper Company was established. 1994 invested100000 yuan to build a new smelter and develop electrolytic copper products with tight market. The output value of that year was 288 million yuan, and the profit and tax10.42 million yuan. 1995, the head office was established as Ningbo Jintian Copper Group, and a new electrical materials company was established in the same year. 1998, Ningbo Jiekelong Valve Company was established.
From June 5438 to February 2000, according to the requirements of the Company Law, the company was restructured into Ningbo Jintian Copper (Group) Co., Ltd., and the company began to establish a modern enterprise system with clear property rights and scientific management, which gave wings to the company's rapid development. Since 200 1, Ningbo Jiakelong Water Meter Co., Ltd., Ningbo Jintian Trading Co., Ltd., Ningbo Jintian Import and Export Co., Ltd., Ningbo Jiangbei Dachuang Copper Co., Ltd., Ningbo Jintian Copper Co., Ltd., Jiangxi Jintian Copper Co., Ltd. and other branches have been opened successively.
At present, Ningbo Jintian Copper (Group) Co., Ltd. has developed into a large-scale enterprise group with a complete circular economy enterprise group and industrial chain, such as recycling, R&D and processing, and its total processing volume has been at the forefront of peers in China for several years. From 2002 to 2006, sales revenue doubled year after year and exceeded 20 billion yuan in 2006; In 2007, the group company successfully implemented the "going out" strategy for the first time, and Jiangxi Jintian was successfully put into production in April; In June 2007, 65,438+February, 65,438+10,000-ton high-precision wire project started construction in Hangzhou Bay New District, Cixi City, and Jintian Group took another solid step towards becoming bigger and stronger, doing fine and fine.