Founded in 1958, the enterprise was built from scratch and experienced several relocation and renaming, which was finally located in Fuyang District, Hangzhou City. With hard work over the past half century and more, the enterprise achieved success from weak to strong and from small to big. Since the enterprise reformation completed in 2001, the production scale is expanding rapidly and the industrial sales value is growing continuously. In 1958, the first furnace’s copper matte was only 4.15 kilograms. Through the whole of 42 years' effort, the enterprise had the capacity to produce 10,000 tons copper cathodes. After reformation, the enterprise has entered a new stage of well-grounded development and accelerated emergence. From 2000 to 2017, the output of copper cathodes reached 420,000 tons from 10,000 tons. The industrial sales value reached 33.965 billion Yuan from 172 million Yuan. The total tax amount reached 1.763 billion Yuan from 2.9347 million Yuan. The Group has realized rapid development.
After reformation, the Group seizes every opportunity to seek development. In order to adjust the industrial layout and enhance the overall strength, the Group set up several subsidiaries in Jiangxi, Anhui, Hong Kong and Shanghai etc. In August 2017, as the successful production of the Heding Project II, a new Fuye Group with graceful surrounding, advanced technology and first-rate equipment shows up to us. This project finds a efficient, green, circular and sustainable way of development, which makes the Group to become a large and integrated enterprise in Chinese nonferrous metals industry. The Group finally realize both economic efficiency and the social efficiency, and play a leading and exemplary role in the local traditional manufacturing industry reformation.
In the past six decades, the Group has made remarkable progress, which embodies the passion, sweat and intelligence of generations of Fuye people. Every progress made by the Group cannot be separated from the long-term concern and support from all walks of life and leaders. And it also depends on the sincere trust and persistent support from our old and new friends, as well as the hard work and dedication of our staff. I hereby, on behalf of the company, would like to express our sincere gratitude to all the friends and their families.
Upholding corporate values of “Responsibility creates value, action realizes dreams” and the ideal of “Industry contributes to the prosperity of China, develop copper industry to serve the country”, we remain true to our original aspiration and keep close pace with the new era. The Group will take its 60th anniversary as a great opportunity to make our enterprise bigger and stronger. In order to actively participate in "Made in China 2025" which is the first 10-year national plan for transformation of China's manufacturing, we will spare no effort to build a century-old nonferrous metal enterprise. We firmly believe that with the concern and support from all walks of life, old and new friends, Fuye Group will definitely meet a better tomorrow!