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Ningbo FUBANG Precision Industry Group Co., Ltd. (hereinafter referred to as “Ningbo FUBANG” or “the Company”) was listed on the Shanghai Stock Exchange in 1996 with the stock code 600768. The Company's core business focuses on non-ferrous metal processing and aluminum ingot trading. With total assets and annual production and sales exceeding RMB 1 billion, it possesses strong core competitiveness within its industry.

Industrial Sector:

The company's core manufacturing entity—Ningbo Electrical Alloy Materials Co., Ltd.—is a nationally recognized high-tech enterprise and a national “Specialized, Refined, Distinctive, and Innovative” small giant enterprise, specializing in providing comprehensive solutions for electrical contact products. Its core products (electrical contacts, electrical contact components, wire materials, etc.) serve as the critical switching elements for low-voltage electrical equipment such as control relays, AC contactors, and thermostats, with an annual production capacity of 3 billion electrical contacts and 500 million electrical contact components. The products are widely applied in key sectors including home appliances, industrial control, 5G communications, automotive electronics, and photovoltaic new energy.

• Strong Technical Capabilities: The company has developed multiple core technologies and processes, accumulating 35 authorized patents (including 12 invention patents).
• Industry Standard Leadership: As a key standard-setter in China's electrical engineering sector, it has led or participated in establishing 5 national standards, 1 industry standard, and 2 group standards.
• Premium Customer Base: Leveraging exceptional quality, the company has established long-term, stable partnerships with leading low-voltage electrical equipment manufacturers including Hongfa Co., Ltd., Bull Group, Omron Electronics, Zhonghui Ruide, Srix, and Tyco Electronics.

Trade Sector:

The company's trading operations are primarily based in East China—a region characterized by robust economic development, strong demand, and relatively scarce resources—serving the vibrant local SME sector. Leveraging years of accumulated expertise and an extensive market network, Ningbo FUBANG swiftly responds to local client needs, efficiently delivering diverse products and tailored solutions that meet their specific requirements. This enables the company to maintain a significant competitive edge in the regional market.