On March 5th, Jiang Zhijian, Chairman of Wuxi Huaguang Boiler Co., Ltd., and his delegation visited our company. Tang Xingliang, Chairman of Jiangsu Asset Management and Yuancheng Cable Co., Ltd., and Yu Guoping, General Manager of Yuancheng Cable Co., Ltd., received the visiting guests.

At the meeting, Yu Guoping briefly introduced the basic situation, main products, technological advantages, and future plans of remote cables. He stated that the company has been committed to the design, research and development, production, and sales of wire and cable products since its establishment, and has formed an annual production capacity of 500000 kilometers and an output value of 6 billion yuan. It was successfully listed on the Shenzhen Stock Exchange in August 2012.

Jiang Zhijian expressed appreciation and recognition for the development of remote technology, and introduced the specific measures taken by Huaguang Group to accelerate its transformation and development by focusing on the two major industries of environmental protection and energy, focusing on four business sectors: equipment manufacturing, thermal and electric heating, municipal environment, and investment, relying on the listing platform. He expressed his belief that remote cables can become a long-term supplier for Huaguang through professional products and services, and both parties can work together for development and progress.

In his concluding speech, Tang Xingliang stated that in recent years, Yuancheng has accumulated a large number of stable customers with its strong capabilities, and its products are widely used in major projects such as State Grid construction, nuclear power, subway, metallurgy, petrochemicals, universities, and municipal engineering. The wire and cable industry that involves remote entry has a large scale, and segmented products will experience rapid development with great potential; Huaguang Co., Ltd. and Yuancheng Cable Co., Ltd. have complementary businesses, and both parties can strengthen cooperation and communication, fully leverage the synergistic effect of 1+1>2, and have confidence in the prospects of cooperation between the two parties.

After the meeting, the attendees conducted on-site inspections of our low-voltage cable factory, bare wire factory, and ultra-high voltage cable factory. Relevant personnel had business communication and demand matching.