Ningbo Jintian Copper (Group) (601609.SH) plans to establish a company to invest in and build a copper strip production base in Vietnam.

17:25 31/03/2026

Jintan Corporation (601609.SH) announced that, in order to improve the company's production capacity layout of copper strip products overseas, integrate domestic production capacity, and serve the global market comprehensively, the company will promote its international development strategy and deeply bind downstream customers to obtain long-term stable business development opportunities both at home and abroad. The company plans to establish a new company, Hong Kong Zhilian, in Hong Kong, and establish a wholly-owned subsidiary in Vietnam named Vietnam Naikos through Hong Kong Zhilian. Vietnam Naikos will be the main entity for investing in and constructing a project for the production of "30,000 tons per year of liquid-cooled heat sinks and busbars for high-precision copper strips" in Vietnam. The total planned investment does not exceed 600 million yuan (the actual investment amount will be subject to approval by the Chinese and local authorities).

Ningbo Jintian Copper (Group) (601609.SH) issued an announcement to improve the company's overseas copper products production capacity layout, coordinate domestic production capacity to serve the global market, promote international development strategies, and deeply bind downstream customers to obtain long-term stable business development opportunities at home and abroad. The company plans to establish a new company, Hong Kong Zhilian, in Hong Kong, and establish a wholly-owned subsidiary, Vietnam Nekos, through Hong Kong Zhilian. Vietnam Nekos will be the main entity for the investment and construction of a "30,000 tons annual production capacity of liquid cold radiators and machine frame busbars high precision copper strip production project" in Vietnam, with a total planned investment not exceeding 600 million yuan (the actual investment amount is subject to approval by Chinese and local authorities). The establishment of a copper base in Vietnam this time is to improve the company's overseas copper product production capacity layout, coordinate domestic production capacity to serve the global market, meet downstream customer supply chain management and order requirements, and is conducive to the company's long-term stable business development opportunities at home and abroad while deeply binding downstream customers. It has a positive impact on the company's global business layout and operating performance, aligns with the company's medium to long-term strategic planning, and serves the interests of all shareholders.

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