The company participated in the Fourth Council Meeting of the Tungsten and Tungsten Products Branch of the China Nonferrous Metals Industry Association.

　　On August 26, 2014, the Fourth Council Meeting of the Tungsten and Tungsten Products Branch of the China Nonferrous Metals Industry Association was held in Changsha, Hunan. The meeting was chaired by Mr. Chen Feng, President of the Association, and featured a detailed briefing by Minister Fan of the Legal Department on the appeals filed with the World Trade Organization by the United States, Japan, and the European Union against China’s exports of rare earths, tungsten, molybdenum, and related products, as well as on China’s responses to these cases. Attendees then each expressed their views on the WTO’s rulings. Our company’s General Manager, Mr. Wang Jiaqiang, led Managers Li Jinchao of Business Division I and Qiao Kaichun of Business Division II to attend the meeting, where General Manager Wang Jiaqiang delivered a special address on behalf of Sichuan Wumin.

　　In 2014, amid a sluggish global metals market, Sichuan Wukuang projected an average national quota utilization rate of around 40%; nevertheless, it fully met its first-half quota target, placing it among the top performers among the thirteen enterprises nationwide authorized to trade tungsten and tungsten products.