Wanma New Energy

Zhejiang Wanma Cable Co., Ltd. (listed on the Shenzhen Stock Exchange, stock code: 002276) is the core enterprise of the national large-scale enterprise Wanma United Holding Group Co., Ltd. Founded in 1996 with a registered capital of 780 million yuan, it currently has more than 3,000 employees and achieved sales revenue of 3.8 billion yuan in 2012. After more than 20 years of development, Wanma Cable has become one of the "Top 500 Chinese Manufacturing Enterprises", "Zhejiang Province's * Largest Industrial Enterprise", and "China's * Top 10 Wire and Cable Manufacturers by Bidding Strength". Wanma Cable is a well-known enterprise in the domestic power cable industry, with products covering medium and low voltage, ultra-high voltage, and special cables. It has 4 subsidiaries, forming a complete industrial chain integrating polymer cable compounds, power cables, special cables, coaxial cables, and cable accessories. The advantages of this industrial chain are unmatched by other enterprises in the domestic cable industry. These four subsidiaries are all positioned in the high-end segment of their respective sub-sectors with obvious competitive advantages. Facing the new market competition situation and the pattern of global economic integration, Wanma Cable will continue to focus on the sustainable development of its leading cable industry, vigorously promote and implement four major strategies: technological innovation, human resources, brand competition, and marketing innovation; rapidly seize the high-end product market of ultra-high voltage cables and special cables; strive to explore international markets; based on and relying on existing industries, give play to overall resource advantages, and comprehensively advance the development of Wanma Cable's industrial chain toward higher-level fields.