- Business
- Jiangsu Zhongchao Holding Co., Ltd. engages in the research, development, production, sales, and service of wires and cables in China. The company manufactures power cables including 500kV and below environmentally friendly flame-retardant ultra-high voltage cross-linked cables and XLPE insulated power cables; wires and cables for electrical equipment such as PVC insulated cables, control cables, computer cables, and variable frequency cables; bare wires including resource-saving aluminum alloy overhead lines and ACSR conductors; as well as insulated overhead cables, parallel bundle overhead insulated cables, armored cables, high-temperature-proof cables, branch cables, fire-proof cables, and cable materials and accessories. Jiangsu Zhongchao Holding Co., Ltd. operates primarily in the electrical components and equipment industry, serving urban and rural power grid construction, transformation projects, major infrastructure initiatives including railways and pipelines, and central enterprises such as China Datang Group and China Huaneng Group; it exports products to countries including India, Vietnam, Australia, Oman, Sudan, Tanzania, Nigeria, Kenya, Sri Lanka, Mauritius, South Africa, Brazil, and Cyprus. Founded in 1996 and headquartered at No. 999 Zhenfeng East Road, Xijiao Industrial Park, Yixing, Jiangsu Province, China, the company listed on the Shenzhen Stock Exchange's small and medium enterprise board in September 2010 under ticker 002471.SZ and changed its name from Jiangsu Zhongchao Cable Corporation in September 2015. It maintains over 20 subsidiaries including Jiangsu Zhongchao Cable Co., Ltd., Nanjing Zhongchao New Material Co., Ltd., and Cornett Cable Accessories Co., Ltd. Recent developments include a subsidiary securing a RMB 1.318 billion bid for State Grid Corporation of China-related projects in 2025, representing 23.97% of 2024 audited revenue; another subsidiary, Jiangsu Jingzhu, being selected for Jiangsu Province's 2025 frontier technology application scenario demonstration list and participating in national key science and technology projects; and a controlling subsidiary undertaking national key science and technology initiatives focused on high-temperature alloy components for gas turbines.