Electric wires and cables, as the "blood vessels" and "nerves" of the national economy, are the core basic materials for power transmission, communication interconnection, and industrial equipment operation. In 2024, China's wire and cable market size reached 168.3 billion US dollars, and the industry competition pattern shows characteristics of "head concentration and deep cultivation in subdivisions." Based on the 2024 enterprise sales, market share, and industry influence, the Top 20 Chinese cable manufacturing enterprises are listed, covering key information such as enterprise scale, main products, target markets, application scenarios, geographical layout, and contact information.

I.Comprehensive Ranking and Sales of Chinese Cable Manufacturing Enterprises

(Note: The total sales of the Top 20 enterprises are approximately $39.2 billion, accounting for about 23.3% of the national market share)

II.Detailed Analysis of Key Enterprises

1.Hengtong Group Co., Ltd. (Rank 1)

• Enterprise Scale: Global leader in optical fiber communication and power transmission, with over 20,000 employees, 12 major production bases in Suzhou, Shanghai, Europe, etc., and an annual cable production capacity exceeding 2 million kilometers.
• Main Products: Submarine photoelectric composite cables (top three globally), ultra-high voltage power cables (500kV and above), optical fiber preform (self-developed), smart grid supporting cables.
• Target Markets: China (ultra-high voltage/offshore wind power projects) + International ("Belt and Road" countries, Europe, Middle East).
• Product Applications: State Grid ultra-high voltage projects, CNOOC offshore platforms, European transoceanic submarine communication projects.
• Address: No.88, Hengtong Avenue, Wujiang District, Suzhou City, Jiangsu Province
• Tel: +86 512 6343 5216
• Email: info@htgd.com.cn

2.Zhongtian Technology Group Co., Ltd. (Rank 2)

• Enterprise Scale: Global leader in submarine cable delivery volume, with 7 major bases in Nantong, Guangdong, etc., accounting for 30% of China's submarine cable production capacity.
• Main Products: Dynamic submarine cables (world's only mass-produced), flexible DC submarine cables, photovoltaic cables, new energy storage supporting cables.
• Target Markets: Offshore wind power (40%+ share in China), European North Sea projects, Southeast Asian island grids.
• Product Applications: Brazil Belo Monte ultra-high voltage DC project, European offshore wind power clusters, China's first deep-sea wind power project.
• Address: No.1, Zhongtian Road, Hekou Town, Rudong County, Nantong City, Jiangsu Province
• Tel: +86 513 8488 5152
• Email: service@zttek.com

3.Far East Cable Co., Ltd. (Rank 3)

• Enterprise Scale: 40 years in the industry, over 5,000 employees, covering all scenarios in smart grids, new energy, and rail transit.
• Main Products: Ultra-high voltage overhead conductors, new energy cables (photovoltaic/wind power), rail transit cables, fire-resistant cables.
• Target Markets: China (ultra-high voltage projects), new energy companies (Longi/CATL), rail transit operators.
• Product Applications: Zhangbei flexible DC grid, Tesla Gigafactory, Beijing-Shanghai High-speed Railway power supply system.
• Address: No.6, Yuandong Avenue, Gaocheng Town, Yixing City, Jiangsu Province
• Tel: +86 510 8724 2500
• Email: yd@fe-cable.com

4.Baosheng Science and Technology Innovation Co., Ltd. (Rank 4)

• Enterprise Scale: Under China Aviation Industry Group, a listed company with over 8,000 employees, a national technology center, and a postdoctoral workstation.
• Main Products: Nuclear-grade cables (benchmark for localization), aerospace special cables (C919 support), ultra-high voltage cables (1000kV), smart grid cables.
• Target Markets: Aerospace (national key projects), nuclear power (Hualong One), grid companies (State Grid/Southern Grid).
• Product Applications: Qinshan Nuclear Power Plant, Beijing Daxing International Airport, Greater Bay Area smart grid.
• Address: Anyi Industrial Park, Baoying County, Yangzhou City, Jiangsu Province
• Tel: +86 514 8824 8896
• Email: by@baoshengcable.com

5.Jiangsu Shangshang Cable Group (Rank 5)

• Enterprise Scale: China's largest and the world's seventh-largest insulated cable manufacturer, with an annual output value exceeding 40 billion RMB, exported to over 80 countries.
• Main Products: Nuclear-grade cables (global leader in market share), port machinery cables, fire-resistant cables, ultra-high voltage cables (500kV).
• Target Markets: Nuclear power (global nuclear power plants), ports (global terminals), international markets (Europe/Middle East).
• Product Applications: Tianwan Nuclear Power Plant, Hong Kong-Zhuhai-Macao Bridge, UAE Dubai photovoltaic power station.
• Address: No.68, Shangshang Road, Liyang City, Changzhou City, Jiangsu Province
• Tel: +86 519 8730 8866
• Email: info@shangshangcable.com

III.Regional and Sub-sector Distribution

• Dominance of East China: 12 of the Top 20 enterprises are located in East China, specifically in Jiangsu (e.g., Hengtong Group, Shangshang Cable, Far East Cable), Zhejiang (e.g., Chint Electric), and Shandong (e.g., TBEA Luneng Taishan Cable). This region, leveraging the Yangtze River Delta and Bohai Rim industrial clusters, benefits from a complete industrial chain, advanced R&D capabilities, and efficient logistics networks, making it the core engine of China's cable industry development.
• Influence of South China: Represented by Guangzhou Nanyang Cable and Sun Cable, South China capitalizes on the infrastructure boom in the Greater Bay Area and its geographical advantage for exporting to Southeast Asia, holding a significant position in low-smoke halogen-free cables and high-voltage cables, particularly in urban rail transit and green building projects.
• Rise of Central and North China: Central China, led by Gold Cup Electric, has become a manufacturing hub for new energy vehicle cables, driven by the rapid development of the new energy vehicle industry. North China, with Qingdao Hanhe Cable as a standout, focuses on ultra-high voltage cables, serving State Grid's ultra-high voltage projects.
• Leading Enterprises in Sub-sectors:

• Submarine Cables: ZTT leads with the world's highest submarine cable delivery volume, achieving the only global mass production of dynamic submarine cables, widely used in European North Sea wind power projects and China's deep-sea wind power projects; Orient Wires & Cables ranks first in China for offshore wind power cable delivery and has successfully entered the European market.
• Nuclear-grade Cables: Baosheng Co., Ltd. and Shangshang Cable dominate the nuclear-grade cable sector. Baosheng, backed by its state-owned enterprise status and experience with C919 aerospace cables, serves projects like Hualong One; Shangshang Cable leads globally in nuclear-grade cable market share, covering all scenarios for nuclear and conventional islands.
• Special Cables: Valin Wire&Cable specializes in umbilical cables for aerospace, meeting high-reliability project demands; Gold Cup Electric has achieved breakthroughs in localized new energy vehicle cables, widely used in electric vehicles and charging pile markets.
• New Energy Cables: Far East Cable and Chint Electric excel in photovoltaic and wind power cables. Far East provides customized solutions for Tesla's Gigafactory, while Chint Electric leverages its comprehensive advantages in photovoltaic and energy storage supporting cables to serve the global new energy market.
• Fire-resistant and Flame-retardant Cables: Jiangnan Cable, with fire-resistant and flame-retardant cables as its core strength, exports to Europe and America, widely applied in high fire-safety scenarios such as subways and airports.

IV.Trends and Outlook for the Cable Industry

In the next five years, China's cable industry will enter a new phase driven by both scale expansion and structural upgrades. By the end of 2025, the market size is expected to exceed $218 billion, with high-end, international, and green development as the core directions.

On the technological front, the demand for high-end products such as deep-sea cables (e.g., ZTT's 3,000m dynamic cables) and ultra-high voltage DC systems (e.g., Hengtong's 500kV cables) is surging, pushing leading enterprises to achieve self-reliance in key materials and processes through R&D investment. On the market front, global production capacity layout is driving cost reduction and efficiency improvement. Companies like Hengtong and ZTT have established production bases in Europe and Southeast Asia, transitioning from technology adoption to standard-setting. Driven by both policy and market forces, industry differentiation will intensify. Leading enterprises, leveraging capital and technological advantages, will continue to expand their share in major projects like ultra-high voltage and offshore wind power. Small and medium-sized enterprises will need to focus on innovation in niche markets, such as industrial robot cables and nuclear-grade special cables, building competitive moats through flexible production and customized services. Meanwhile, the "dual carbon" goals are driving demand for green cables (e.g., low-smoke halogen-free and bio-based materials), requiring companies to meet supply chain entry requirements through green factory certifications and carbon footprint management.