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Company Profile

Yuancheng Cable Co., Ltd. (hereinafter referred to as "Yuancheng Shares" or the "Company") is affiliated to Wuxi Guolian Development (Group) Co., Ltd. (hereinafter referred to as "Guolian Group"). It is a state-controlled mainboard listed company specializing in the research, development, production, and sales of wires and cables (stock code "002692"). Guolian Group was established on May 8, 1999, as a state-owned capital investment and operation pilot enterprise authorized and funded by the Wuxi Municipal Government (operating in integration with Guofa Capital). With a registered capital of 8.391 billion yuan, the group's total assets reached 203.6 billion yuan by the end of 2023, with net assets of 53.7 billion yuan.

Yuancheng Shares was established in February 2001. On August 8, 2012, the company was successfully listed on the Shenzhen Stock Exchange. Its controlling shareholder is Jiangsu Asset Management Co., Ltd., a subsidiary of Guolian Group, and its actual controller is the State-owned Assets Supervision and Administration Commission of Wuxi Municipality. With a registered capital of 718.146 million yuan, the company occupies over 300,000 square meters, including more than 220,000 square meters of factory buildings. It employs around 1,000 staff and has an annual production capacity of 800,000 kilometers, with an output value of nearly 10 billion yuan. The company is equipped with advanced production facilities and comprehensive testing equipment.

The wholly-owned subsidiaries of Yuancheng Holdings include Wuxi Sunan Cable Co., Ltd. (a production base specializing in traditional medium and low-voltage power cables) and Wuxi Yude Cable Technology Co., Ltd. (a production base focused on special cables such as flame-retardant cables and aluminum alloy cables). Together, they form a modern enterprise group with wire and cable as its core industry.

The company is recognized as a National High-Tech Enterprise, National Contract-Honoring and Creditworthy Enterprise, Nationally Customer-Satisfied Enterprise, Jiangsu Provincial Advanced Quality Management Enterprise, Top 100 Most Competitive Enterprises in China’s Cable Industry, Jiangsu Provincial Green Factory, Jiangsu Provincial Intelligent Manufacturing Benchmark Enterprise (Smart Workshop), Jiangsu Premium Brand, and Specialized, Refined, Distinctive, and Innovative (SRDI) Enterprise. It has obtained domestic and international system and product certifications, including ISO 9001 (Quality Management), ISO 14001 (Environmental Management), ISO 45001 (Occupational Health and Safety), ISO 10012 (Measurement Management), China Compulsory Certification (CCC), UL (USA), KEMA (Netherlands), TUV Rheinland, and EU CE Certification.

The company operates a CNAS nationally accredited laboratory and a Postdoctoral Innovation Practice Base. It has established extensive industry-university-research collaborations with institutions such as the National Nuclear No. 2 Institute, the National Energy Marine Nuclear Power Platform Technology R&D Center, and Xi’an Jiaotong University. To date, it holds 145 authorized patents, including 11 invention patents.

The company's key production and testing equipment is imported from Germany, the United States, Finland, Japan, and other countries. Its products are widely used across China in applications such as State Grid, offshore engineering, nuclear power plants, military industry, intelligent equipment, rail transit, petrochemicals, digital communications, new energy, urban utility tunnels, and major national projects. Additionally, they are employed in engineering projects in Europe, the United States, Southeast Asia, South Africa, and other regions.

Yuancheng Cable Co., Ltd. embraces the vision of "Becoming the Most Valuable Green Energy Transmission Solution Provider" and adheres to the core values of "Responsibility, Collaboration, Efficiency, and Excellence." By strategically positioning itself in different niche markets, the company is forging a distinctive, well-targeted, and complementary path of differentiated competition.

The Yuancheng team remains steadfast in its mission: "To Strengthen the Backbone of State-Owned Manufacturing, Shoulder the Responsibility of Green Energy Transmission, and Pioneer the Path to an Industrial Powerhouse." We are committed to building and maintaining a trustworthy, safe, and reliable brand image. Beyond transmitting power through cables, we also deliver hope for a brighter life, the promise of a secure environment, and the demand for seamless connectivity—carrying forward not just energy, but also care and dedication.