Jingyi Co., Ltd. Signs Cathode Copper Purchase Contracts Worth About 2.186 Billion Yuan with Two Suppliers This Year

Corporate Action
โดย Jiemian·CN·Read original
Summary · why it matters

Guangdong Jingyi Metal Co., Ltd. announced that from January 1 to August 30, 2026, the company and its subsidiaries signed cumulative cathode copper purchase contracts with Foshan Nanhai Minyixing Trading Co., Ltd. and Tongling Nonferrous Metals Group Shanghai International Trading Co., Ltd., with amounts of approximately 1.197 billion yuan and 989 million yuan respectively, totaling about 2.186 billion yuan excluding tax. The company signed framework agreements with the two suppliers at the beginning of the year, valid for the whole year, for the purchase of cathode copper meeting the GB/T467-2010 standard. The purchase amount from Minyixing accounts for more than 50 percent of the company's audited total assets for 2025, while the purchase amount from Tongling Nonferrous is close to 50 percent. The company said the contracts help secure upstream resource supply and ensure stable supply to downstream customers, and have no material impact on business independence, but cautioned that prices and quantities are subject to uncertainty and that the company faces policy and market risks.

Impact on stocks 2

Others▲ · 2 stocks
Guangdong Jingyi Metal Co Ltd
002295
▲ PositiveSupplyrelevance

Jingyi signed ~2.186 billion yuan cathode copper purchase contracts with two suppliers to secure upstream resource supply for downstream customers.

Off-coverage companies 1

佛山市南海民意兴商贸有限公司Private▲ Positive
Demandrelevance

Minyixing signed a ~1.197 billion yuan cathode copper supply contract with Jingyi, securing product orders.

© 2026 MarketDXNews