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Is copper crown copper foil a state-owned enterprise?
As a joint venture between Tongling Nonferrous Metals Group Co., Ltd. and Hefei Guoxuangao New Power Energy Co., Ltd., copper crown copper foil has excellent technical strength and market position. As a first-class supplier of copper foil for 5G communication in China, copper crown copper foil is widely used in new energy vehicles, 5G base station construction and other fields. As a material with excellent electrical conductivity, copper plays an important role in electrification, 5G and other infrastructure construction. With the promotion of the dual-carbon target, the demand for copper in emission reduction projects is also increasing, such as power generation, infrastructure, new energy vehicle manufacturing and so on. Taking new energy vehicles as an example, each vehicle uses an average of more than 80 kilograms of copper, which is four times that of traditional vehicles. Therefore, as a state-owned enterprise, Copper Crown Copper Foil has a good development prospect and market competitive advantage, which can be said to be a good enterprise.
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