- Business
- Zhejiang Shengyang Science and Technology Co., Ltd. Zhejiang Shengyang Science and Technology Co., Ltd. (603703.SS) engages principally in the research, development, manufacture and sales of radio frequency cables and related supporting products for communication applications. The company offers a comprehensive range of core products including 75-ohm and 50-ohm coaxial cables, data cables, satellite high-frequency receivers and heads, intelligent control components, satellite communication terminals such as VSAT and Beidou in-vehicle terminals, 5G communication base station services, broadband satellite at-sea communication terminals, small-sized LED and VFD display devices, connection products, and integrated wiring system solutions; these products serve diverse sectors encompassing satellite TV, network transmission, data centers, smart campuses, industrial Ethernet, maritime ships, Internet of vehicles, home appliances and consumer electronics. Zhejiang Shengyang Science and Technology Co., Ltd. operates primarily from its headquarters in Shaoxing, Zhejiang Province, China, with a workforce of approximately 1,310 employees, and generates significant sales from both domestic Chinese markets and international exports to regions including North America and Europe, where its products hold certifications such as UL, ETL, TLC, ISO9001, ISO14001 and ISO45001. Founded in 2003 as Zhejiang Shengyang Cable Co., Ltd. and renamed in October 2010 following stock restructuring, the company listed on the Shanghai Stock Exchange in April 2015 and pursues an internationalization strategy focused on enhancing core RF cable business, product quality and brand strength. Among its latest major developments, the company completed the acquisition of an additional 43.8% stake in Zhejiang Qiusheng Optoelectronic Technology Co., Ltd. in August 2021 for approximately CNY 230 million, strengthening its position in optoelectronics and display technologies; it continues to expand in 5G-related offerings and satellite communications, with sales in 5G base station services reaching CNY 45.69 million and foreign revenues stable at CNY 405 million in 2024.