Jiangnan Group Limited (“Jiangnan Group” or “Company”, together with its subsidiaries, “Group”)
is one of the largest manufacturers of wires and cables for power transmission, distribution systems and electrical equipment in the People’s Republic of China (“China” or “the PRC”). The Group’s products are widely used in the power industry (including grid, power plant and renewable energy) and general industries (including metals and mining, oil and gas, transportation, shipbuilding and construction).
The Group offers over 10,000 products under four main categories, namely power cables, wires and cables for electrical equipment, bare wires and special cables. The Group’s products carry different characteristics to meet customers’ needs, including low smoke and zero halogen, water resistant, heat resistant, optical and electric combined, flame retardant, fire resistant, oil resistant, rodent and termite proof, all-weather and radiation resistant.
The Group’s products are primarily marketed and sold under its “ ", "", "" and "" brands, in which the "” brand was recognised as a China Well-known Trademark (中國馳名商標) by the Trademark Office of the State Administration for Industry and Commerce of the PRC and awarded as the State Inspection-Free products. The Group’s products were also accredited as “Customer Satisfaction Products” by China Association for Quality and National Committee for Customers in December 2007.
The Group has strong research and development capabilities. The Group has established a research workstation and a state post-doctoral research workstation jointly with the academician of the China Academy of Engineering and China Academy of Science. The Group has also participated in the drafting and formulating of 53national industry standards for the manufacturing processes of power cables, wires and cables for electrical equipment and bare wires. One of these standards was the standard for the rated voltage 0.6/1kV rubber insulation and sheathing wind power with twist-resistant flexible cables. This was the first standard for wind power cables in China. The Group has 438 patents that are material to the Group’s business in the PRC. Two of the most significant subsidiaries of Jiangnan Group in China, namely, Wuxi Jiangnan Cable Co., Ltd. (無錫江南電纜有限公司) (“Wuxi Jiangnan Cable”) and Jiangsu Zhongmei Cable Group Co., Ltd. (江蘇中煤電纜有限公司) (“Zhongmei Cable”), have been endorsed as High and New Technology Enterprises again by the Yixing Provincial Commission of Science and Technology and are entitled to a reduced PRC income tax rate of 15% until the next renewal of their endorsements in 2018 and 2017respectively. The Group’s high-tech products include extra-high voltage (“EHV“) cables, ultra-high voltage (“UHV“)aluminum alloy bare wires, photovoltaic solar cables, cables used for wind power, optical fiber composite cables, aluminum-alloy cables, pulse width modulated inverter power supply cables for ships, flexible fire resistant cables and 27.5kV power cables for high-speed railway.
With its high quality products, renowned brands and good reputation, strong research and development capabilities, as well as manufacturing and production capabilities, the Group has maintained a solid and wide customer base including certain industry leaders in their respective industries. The Group has provided products for many prominent infrastructure projects, such as the Gezhouba hydro-electric power, the West-to-East Gas Pipelines, the National Olympic Sports Centre & 6 other stadiums for the2008 Beijing Olympic Games, the Performance Center for the 2010 Shanghai World Expo, the Shanghai World Financial Center, the Beijing Capital International Airport, the Nanjing Lukou International Airport, the Shenzhen International Airport, the Power Transmission from West to East Project (the first ±800kV direct current (“DC”)transmission system from Yunnan to Guangdong), the±800kV UHV DC transmission line from Xiluodu to Jinhua, the No.5 line of the Shenzhen Metro Project, the No. 7 line of the Shanghai Metro Project, the No. 8 line of the Beijing Metro Project, the Ningtian Intercity Line Phase 1, the high speed railways from Fuzhou to Xiamen, and the 2014 Youth Olympic in Nanjing. The Group is capable of producing cables for use in extremely low temperature environments in the Polar Regions, which have been recognised as a Dedicated Product for China North & South Pole Research by the China Polar Region Research Center.
The Group’s products have been exported to more than 50countries. In particular, the Group is a qualified supplier of Eskom Holding Limited (“Eskom”), which is a state-owned power generation and Transmission Company in South Africa, a fast growing market for power cables. The Group began to supply its products to Eskom in 2007 and the Group is a South Africa Bureau of Standard (SABS) certified manufacturer of wires and cables in the PRC that is allowed to supply power wire and cable products to South Africa. The Group also exports its products to reputable customers overseas, such as Power Works Pte Limited in Singapore, National Power Transmission Corporation in Vietnam and National Grid in the UK.