BEIJING, Nov. 30 /Xinhua-PRNewswire/ -- Fushi International, Inc. (Nasdaq: FSIN), the leading global manufacturer of bimetallic wire used in a variety of telecommunication, automotive, utility and other industrial products, today announced that is has been appointed to the Copper-Clad Aluminum Executive Standards Committee by the National Standardization Administration of China. The National Standardization Administration (SAC), established in April 2001, is authorized by the State Council of the People’s Republic of China to draft, formulate, and implement state laws and regulations on product standardization.
As part of the Copper-Clad Aluminum Executive Standards Committee, Fushi International will assist in drafting China’s first-ever nationwide standards for Copper-Clad Aluminum wire. Fushi International is joined on the drafting committee by the Number 23 Research Institute of China Electronics and Technology Group, the Dalian Institute of Product and Quality Technology, and Dalian Tongfa.
“The establishment of a standards committee for Copper-Clad Aluminum wire (CCA) shows the Chinese government’s strong commitment to developing and expanding the CCA market throughout China in terms of both size and quality,” commented Mr. Jiping Hua, current Fushi Board of Director and former Chairman of the Number 23 Research Institute. “While the CCA market has seen significant growth over the past few years, solid copper wire still remains the dominant player for most electrical applications. Setting a nationwide standard will allow CCA to gain wider acceptance as a replacement for solid copper wire in its current markets and also act as a driver for its use in new applications where quality was previously seen as a barrier to entry.”
About Fushi International
Fushi International Inc., through its wholly-owned subsidiaries Fushi International (Dalian) Bimetallic Cable Co., Ltd and Copperweld Bimetallics, LLC, manufactures bimetallic composite wire products, principally copper-clad aluminum (CCA) and steel (CCS) wire. CCA and CCS wire offers greater value than solid copper wire in a wide variety of applications such as coaxial cable for cable television and various video and data applications, signal transmission lines for telecommunication networks, distribution lines for electricity, electrical transformers, wire components for electronic instruments and devices, utilities, appliances, automotive, building wire and other industrial wires. For more information on Fushi International, please visit the Company’s website: http://www.fushiinternational.com .
For more information, please contact:
Nathan Anderson, Director of Investor Relations
Fushi International, Inc.
Email: nathan.anderson@fushiinternational.com
Bill Zima & Ashley Ammon MacFarlane
Integrated Corporate Relations
Tel: +1-203-682-8200
