In the new issue of World Top 500 from Fortune, Zhengwei International Group ranked 91st in the list with the operating revenue of US $88.8621 billion, increased by 28 places compared with last year, and entered the world's top 500 for eight consecutive years. On August 12, the municipal Party committee and the municipal government sent a congratulatory letter to Zhengwei International Group, congratulating Zhengwei International Group on its steady, rapid and strong development momentum.

Zhengwei International Group is a high-quality partner of Chenzhou industrial development, and entered Chenzhou in 2016. The two sides have carried out fruitful cooperation in such fields as new non-ferrous metal materials and industrial Internet.

The congratulatory letter said that at present, Chenzhou City earnestly implements the series of important instructions of General Secretary Xi Jinping on developing the entity economy and entity enterprises, and thoroughly implements the strategy of "innovation leading, opening up and rising", "industry leading and all-round development", vigorously promoting "industry, strengthening entities, improving quality and increasing effectiveness", and is committed to promoting the development of high quality economy, and the prospect of cooperation between the two sides is broader. It was hoped that Zhengwei International Group would give further play to its strong market advantages, brand advantages, technical advantages and management advantages, promote the construction of projects in Chenzhou with greater efforts, and push the cooperation between the two sides to a higher level. Chenzhou Municipal Party committee and government will, as always, attach great importance to and fully support the cooperation between the two sides, create the best development environment for Zhengwei International Group's development in Chenzhou, and jointly build the "Chenzhou Dream" of transformation and upgrading of non-ferrous metal industry.

The first phase project of copper-based new material of Chenzhou Zhengwei New Materials Science and Technology City is an important cooperation project between the two sides. Copper-based new materials are widely used in electronics, power, transportation, 5G and other fields, which can drive the development of industrial chain. The project is located in Chenzhou High-tech Zone, with a total investment of 5.147 billion yuan. The main production projects are: 250000 tons of φ 8mm low oxygen bright copper rod, 100000 tons of precision copper wire, 100000 tons of overhead high-speed rail conductor, 100000 tons of polymer modified materials and 150000 tons of precision cables. At present, the project is under construction of a production workshop for new materials of precision conductor. There are mainly two production lines of "precision copper wire and low oxygen bright copper rod". The production line of precision copper wire with annual output of 100000 tons adopts double head large drawing machine equipment, which is scheduled to be put into operation on December 26, this year.