Jingda Group, a leader in copper-based products, has made significant strides with its Tongling facility in Tongling Economic & Development Zone, which has been operational since April 2023. This state-of-the-art factory is central to Jingda’s strategy to meet the rising demand for high-performance copper-based magnet wires.
Founded in 1990 and publicly listed on the Shanghai Stock Exchange since 2002, Jingda Group has expanded its manufacturing footprints across China, including Anhui, Guangdong, Tianjin, and Jiangsu. The Tongling facility stands out as a key project among the company’s 2023 infrastructure initiatives.
By September 2024, the Tongling plant achieved a remarkable production value of 1.598 billion yuan, emphasizing its rapid expansion in business scale.. Covering 235 acres and backed by an investment of 1.345 billion yuan, the facility specializes in producing copper-based magnet wires essential for industries such as automotive, power tools, home appliances, industrial motors, high-speed rail, and aerospace.
Jingda’s investment in Tongling supports an ambitious 150,000 tons wire transformation project, which includes:
1. 30,000 tons of shaped magnet wires for the new energy and automotive sectors, with a total investment of 390 million yuan.
2. 80,000 tons of high-performance copper-based wires for automotive and new energy applications, featuring upgrades to 60,000 tons of round enameled copper wire capacity and an additional 14,000 tons of shaped enameled copper wire capacity. This sub-project is valued at 577 million yuan.
3. 40,000 tons of copper-based magnet wires specifically for the new energy sector, with a total investment of 378 million yuan.
The facility is designed to produce 100,000 tons of round enameled copper wire and 50,000 tons of shaped enameled copper wire annually, catering to the growing demands of household appliances, industrial motors, electric tools, and the rapidly expanding electric vehicle market.
As global demand for new energy and electric vehicles continues to rise, Tongling Jingda is well-positioned to capture new market opportunities, enhancing its production capacity and ensuring supply chain stability.
About Jingda Group
Founded in 1990, Jingda Group has solidified its status as a key player in the copper-based products industry. Continuous investments in technology and production capacity have reinforced its leadership in high-demand sectors. With expansions like the Tongling facility, Jingda Group is set for further growth in advanced materials manufacturing.
For more information on our latest developments, visit: https://jingdawire.com
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