Wuchan Zhongda Group Co.,Ltd. offers supply chain services. The Company purchases and distributes metal materials, ores, automobiles, chemicals, rubbers, and energy products. Wuchan Zhongda Group also conducts finance, medical, thermal power, and public utility businesses.

The Company Statement
June 13, 2024

The Chinese conglomerate Wuchan Zhongda Group, which is also involved in international trade, has launched an investigation due to the disappearance of a large batch of copper purchased in Russia. The conglomerate bought 2 thousand tons of refined copper (worth about $20 million) from the Russian Regional Metallurgical Company late last year, the goods were to be sold to a local trader for onward delivery to China. However, in the end, the cargo arrived in Turkey and in practice turned out to be much cheaper granite, sources said.

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