Ningbo JinTian Copper (Group) Co. Ltd was set up in the October of 1986. At that time, President Lou Guoqiang , who had greet decision-making power, set up Ningbo Miaoshan Copper Material Factory. After twenty-year hard work, the small company in the past become one of Zhejiang and China Top 100 enterprises.
At the beginning of 1987, led by president Lou, the staff got the first copper product then developed copper bar products H59 and H62. In 1987, its annual output value reached to RMB 298500 and its benefit was RMB 126000. The company got the rebirth. In 1991, the company was authorized to have a new name Ningbo First Copper Bar Company. And that year, its annual output value was RMB 22680 thousand, and the contribution to the tax was RMB 1531700. In 1992, copper sheet products were developed, and its annual output value was RMB 54970 thousand, the contribution to the tax was RMB 28520 thousand. In July of 1993, introducing advanced assembly line equipment of deoxidized copper, it produced salable deoxideized copper at that time. Therefore, its annual output value was RMB 120 million, and the contribution to the tax was RMB 6320 thousand. Meanwhile, it set up Ningbo Jintian Copper Head Company. In 1995, it took 10 million to rebuilt a smelter and developed salable electroanalysis copper products. After that, its annual output value was RMB 288 million, and the contribution to the tax was the contribution to the tax was RMB 10420 thousand. In 1995, the head company was set up to Ningbo Jintian Copper Group and set a electric material company. In 1998, it set up JKLong Valves Manufacturing Company.
According to Corporation Law, the company was set up to Ningbo Jintian Copper (Group) Co., Ltd in December of 2000. Since 2001, it successively started Ningbo Ketian Magnet Co., Ltd, Ningbo JKLong Watermeters Manufacturing Inc, Ningbo jintian Import & Export Co., Ltd, Ningbo JB Dachuang Copper wire Co., Ltd, Ningbo Jintian Copper Tube Co., Ltd, Ningbo Beian Real Estate Co., Ltd, Ningbo Shanghai Co., Ltd and so on. Up to now, the company owns 16 sub companies specialized in copper processing, and its totoal turnout is playing the leading role in the same industry in China for several years.
In 2005, The total amount of sales broke through RMB ten billion, which reached RMB 11.3 billion. In 2006, based on the record of RMB ten billion, the company is on the way to the goal of ¡°creating worldwide brand and developing hundred-year company¡±.
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