- CEO
- Zu Qin Zhou
- Full Time Employees
- 4,890
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- No.580, Dongfanghong Middle Road Changsha HU China 410205
- IPO Date
- Dec 21, 2010
- Business
- Gold Cup Electric Apparatus Co., Ltd. (002533.SZ) manufactures and sells wires and cables, primarily flat electromagnetic wires and power cables, in China and internationally. The company offers electrical equipment wires including non-sheathed and sheathed cables, flexible cables and wires, screened cables, low smoke halogen-free flame retardant wires, exquisite flame retardant wires, high-end easy home wires, radiated European standard wires, computer cables, and plastics insulated and sheathed control cables; cable and conductor products comprising plastics insulated power cables, XLPE insulated cables, aerial insulated cables, overhead conductors, flexible mineral insulated fireproof cables, and rare earth aluminum alloy products; as well as specialized cables such as rubber flexible, mining, elevator, motor winding lead, waterproof rubber sheathed, silicon rubber insulated and sheathed flexible, butyronitrile compound insulation and sheathed power, common rubber flexible, internal connecting, rail transit, ship power, and photovoltaic cables. Its products serve power generation, transmission and distribution, buildings, roads and bridges, mining, aviation, construction machinery, transformers, new energy vehicles, wind power, photovoltaics, energy storage, industrial robotics, and other emerging sectors. Founded in 1952 and headquartered in Changsha, Hunan Province, China, the company operates as a leading wire and cable producer in central and western China with subsidiaries including Gold Cup Electric Electromagnetic Wire Co., Ltd. and Gold Cup Toly Europe Electromagnetic Wires r.o. Recent developments include the completion of a EUR 2.996 million factory acquisition in Planá, Czech Republic, by its wholly-owned subsidiary Gold Cup Toly Europe to establish a European production base with initial capacity of 8,000 tons annually, expanding to 20,000 tons by 2028; addition of 10,000 tons per year in transformer electromagnetic wire capacity fully released in early 2024; and an agreement to acquire Deli Conductor Technology (Changzhou) Co., Ltd. for CNY 55 million to enhance conductor capabilities.