Growing out of Hengyang Cables Factory, our company was established in 1952. We are located in the Goose City - Hengyang, on the bank of Xiangjiang and alongside of NanYue, one of Five Mountains in China. As a wholly owned subsidiary of our company, Hengyang Cables Co., Ltd. is the largest manufacturing and export enterprise of electrical wires and cables in the central south of China. As a national innovative and hi-tech enterprise, Hengyang Cables Co., Ltd. is located in Wire and Cable Testing Technical Center of Hunan Province.
Our company has the total assets of nearly 800 million Yuan and covers an area of 1500000 square meters. Our annual output value amounts to 2 billion Yuan. Our leading products are 110kv and below XLPE insulated wires and cables, 750kv and below overhead conductors and all kinds of special cables, such as control cables, overhead cables, mine cables, cotton covered wires, frequency conversion cables, computer cables and so on. Our company can produce more than 10000 specifications of species.
With more than 50 years of production experience and technology research and development experience, and the annual investment of 10 million Yuan in technology R&D, our company has already gained 66 technology patents and also initiatively set up a technology R&D system in line with the international standard. In recent years, our company pays more attention to production and process improvement and new-product development to meet the needs of markets and customers. Our company can produce products according to IEC Standard, ASTM Standard, BS Standard, DIN Standard, GB Standard and so on. Our company is capable of organizing product design, production and service and also implements 100% test of products according to the standards. Now our company has a technical team of over 100 technicians and one technical expert of wires and cables entitled to State Council Special Subsidy.
Our products of Gold Cup have pervaded national electric power systems, highway systems, railway systems, petrochemical systems, coal systems and communication systems and so on. Some of them are widely applied in national level engineering projects, such as West-East Electricity Transmission Projects, North and South Networking Projects, and projects for upgrading national urban and rural power. There are also some key projects such as Capital Airport, Nuclear Power Plant of Qinshan, Military Networking Line, China FAW, China SAW, Engineering Construction of Beijing Olympic Games, Freeway System, Wuhan-Guangzhou Railroad, Fuzhou-Xiamen Railroad, and Luoyang-Zhanjiang Railroad. The most important thing is that the company also exports our products to 12 countries and regions, such as Uganda, Vietnam, Malaysia, Liberia, and Singapore.
In pursuit of "customer satisfaction", our company adheres to our corporate culture of "Serve you sincerely and diligently". With the support of marketing agencies across the country, our company will take the initiative in better serving our customers so that high-quality services and products can spread far around the world. In the face of new situations, opportunities and challenges, our company takes Hi technology as the leader and combines industry management with capital operation by adopting advanced management approaches and first-class professional technical talents as well as profoundly rich production experience. Our purpose is "to continuously enhance the core competitiveness of our enterprise and foster an international brand image, and also the most importantly, make new contributions to the development of domestic economy and national industries by pursuing the path of internationalization".
