The company and the China Anhui Xinkexin materials Limited by Share Ltd ( hereinafter referred to as AX company) ( 1) the company holds 100% stake in the ancient river metal Wuxi Company Limited ( hereinafter referred to as FMW company) ( 2) is converted into AX company holds 60% stake in the venture, is to begin negotiations. The target is through joint venture to FMW companies to strengthen the purchase of raw materials, and the use of local factory management experience, to enhance the cost competitiveness, further improve the existing Japanese customers satisfaction. In addition, the Chinese local users to the mass consumer market, product sales will be with China's domestic copper rolling products manufacturing sales of large manufacturers, the Shanghai Stock Exchange listed companies -- AX company's marketing strength has been enhanced. In the future will continue to provide high quality products and services, maintain employee hiring and treatment status, with the enterprise joint venture after the further development as the target to increase the premise, to advance the formal representations.The company foresee for China and other BRIC countries, on the lead frame, connectors and other electronic components market to accelerate business development at the same time, studies and discusses the cause of copper strip overseas strategy. In this joint venture projects as the basis, the future is not limited to FMW company, in order to strengthen the ancient river electrician copper industry including China overseas strategy, will continue to study and discuss with the AX company to build further cooperation.( 1) AX ( company name in English: Anhui Xinke New Materials Co., Ltd )Director: Zhou RuitingGeneral manager: Zhang XiaoguangCompany: China's Anhui Province, Wuhu City Economic and Technological Development ZoneThe number of employees :1980 nameBusiness contents: taking copper and copper alloy materials as the center of the copper processing production, research and development and sales( 2) FMW ( English Name: Furukawa Metal Wuxi, Co., Ltd )Chairman: Tozaki Toshio ( the company metals company copper enterprise minister )General manager: Yamamoto JunkiCompany: China Jiangsu New District of Wuxi CityThe number of employees :196 nameCause: phosphor bronze strip production, sales2012/10/4