OREANDA-NEWS. On February 08, 2007 Ulbinskiy mettalurgic plant JSC (Ust-Kamenogorsk), bonds of which are traded in Kazakhstan stock exchange's 9KASE) category "A" official list, had notified KASE by the official letter about registration of joint venture with Ningbo Xingye Electronic Copper Strip Co., Ltd. (Chinese Public's Republic) for production of flat rolling from beryllium bronze YINGTAN ULBA SHINE METAL MATERIALS COMPANY LIMITED with 50%-ge stake of participation on authorized capital, reported the press-centre of KASE.

"creation of JV had become the result of big joint and effective work of UMP JSC and Ningbo Xingye Electronic Copper Strip Co., Ltd. and will promote the strengthening of positions of both companies on perspective Chinese market", - is said in the message of Ulbinskiy metallurgic plant JSC.