Hongyuan is set to upgrade its copper carbonate process and launch an active copper oxide project.
Hangzhou Fuyang Hongyuan Renewable Resources Co., Ltd accomplished the sales value of USD 28.28 million in the first half of this year. Year-on-year realized increase of 41%!
In order to adapt to the current development of new energy vehicles and PCB printed circuits and other industries, Hangzhou Fuyang Hongyuan Renewable Resources Co., Ltd. makes full use of the cost advantages of the construction site and the advantages of the industrial base, and grasps the excellent development opportunities brought by the "14th Five-Year Plan" strategic opportunity period. The company makes full use of the cost advantage of the construction site and the advantages of industrial foundation, seizes the excellent development opportunity brought by the strategic opportunity period of "14th Five-Year Plan", and at the same time, meets the rising demand of activated copper oxide market, and plans to invest USD 16 million to build a project with an annual production capacity of 10,000 tons of electronic-grade activated copper oxide.
The project is scheduled to start construction in the near future. After the completion of production, it is expected that the annual sales value of HaoTeng Technology will reach USD 1.38 billion.
