Jiangsu Nantong New Material Co., Ltd. is controlled by a state-owned enterprise. It has absorbed all the management team, technical elites, intellectual property rights and plant equipment of the former Jiangsu hongbeier New Material Technology Co., Ltd. relying on the strong economic strength of the enterprise headquarters of State Grid (Guangxi), it is committed to improving the quality and efficiency of copper processing field, and further makes "honger" and "Taili" brands bigger and stronger. The company now covers an area of 35000 square meters, standardized plant 32000 square meters, with the annual production and processing capacity of 60000 tons of various types of stee.