Among the companies featured on the list are several leaders in the wire and cable industry, renowned for their strong market presence and exceptional performance. Collectively, the top 50 companies on the list generated a total revenue of 316.54 billion yuan—a figure that not only highlights their formidable position in the market but also underscores the immense potential and vast growth opportunities within the entire wire and cable sector. According to the event organizers, these shortlisted companies have earned a stellar reputation in the power cable market and have consistently stood out during业主 procurement processes, securing contracts for numerous high-profile projects. In fact, they have become key suppliers to major utility providers such as State Grid Corporation of China and China Southern Power Grid, frequently winning bids for critical infrastructure projects. Notably, these companies span across 11 provinces and cities nationwide, with Jiangsu Province leading the way—home to 17 enterprises that successfully made it onto the prestigious list.

　　In recent years, the power cable industry has received significant attention from governments at all levels and has become a key focus of national industrial policies. Relevant national authorities have introduced a series of initiatives—such as the "Guiding Opinions on High-Quality Development of Distribution Networks in the New Context," the "Action Plan for Accelerating Green and Low-Carbon Innovation in Power Equipment," and the "Guiding Opinions on Strengthening Peak-Shaving Energy Storage and Intelligent Dispatch Capabilities"—to foster the healthy and rapid growth of the industry. By 2024, power infrastructure development will increasingly center around cutting-edge applications like digital distribution networks, advanced energy storage and control systems, and vehicle-to-grid integration, propelling the sector into a phase of rapidly expanding investment. Meanwhile, ultra-high-voltage (UHV) transmission projects—a cornerstone for ensuring energy security and supporting the energy transition—will also enter a new wave of accelerated construction. At the same time, China’s grid investment continues to maintain robust growth, both in scale and pace. According to publicly available data, during the 14th Five-Year Plan period, State Grid Corporation of China and China Southern Power Grid plan to jointly build 24 AC and 15 DC transmission lines, with total planned investments expected to reach approximately 400 billion yuan. In 2023, State Grid initiated and completed several major UHV projects, marking the company’s highest-ever annual grid investment of 538.1 billion yuan. Looking ahead to 2024, as smart, digital, and resilient grids drive the development of a new-generation power system, grid-related investments are projected to surpass 500 billion yuan. This unprecedented opportunity presents the power cable industry with remarkable growth prospects. Yet, behind this rapid expansion lies an increasingly competitive market landscape and evolving customer demands, placing higher expectations on companies to enhance their innovation capabilities, elevate product quality, and strengthen brand value.
　　Against this backdrop, the Bidding & Tender Brand Research Publicity Service Platform organized the third "2024 China Wire & Cable Bidding and Procurement Evaluation & Promotion Event," aimed at identifying outstanding enterprises in the power cable industry and further enhancing the sector's competitiveness and brand influence. The event spanned three months and garnered widespread attention from all stakeholders involved in bidding and procurement, attracting a total of 329 renowned wire and cable companies from across China. Using big data from tendering and bidding processes, the organizers applied a scientific, fair, and transparent evaluation system that carefully assessed key factors such as market share, successful bid records, and corporate creditworthiness. This multi-dimensional approach provided a comprehensive, objective, and accurate assessment of each supplier’s overall strength and market performance, ultimately leading to the selection of the "Top 50 Chinese Power Cable Suppliers for 2024." Notably, this year’s selection process not only emphasized companies’ achievements and robust capabilities in the power cable industry but also placed significant emphasis on their innovation-driven technological advancements and commitment to sustainable, eco-friendly development.
　　Among the companies featured on the list are several leaders in the wire and cable industry, renowned for their strong market presence and outstanding performance. Collectively, the top 50 companies on the list generated a total revenue of 316.54 billion yuan—a figure that not only underscores their formidable position in the market but also highlights the immense potential and vast growth opportunities within the entire wire and cable sector. According to the event organizers, these shortlisted companies have earned a stellar reputation in the power cable market and have consistently stood out during业主 procurement processes, securing contracts for numerous high-profile projects. In fact, they have become key suppliers to major utility providers such as State Grid Corporation of China and China Southern Power Grid, frequently winning bids for critical infrastructure projects. Notably, these companies span across 11 provinces and cities nationwide, with Jiangsu Province leading the way—home to 17 enterprises that successfully made it onto the prestigious list.
　　Currently, Jiangsu Province's wire and cable enterprises are primarily concentrated in cities such as Wuxi, Yangzhou, and Suzhou. Among them, companies like Baosheng Shares, Shangshang Cable, Zhongtian Technology Submarine Cable, Hengtong Power Cable, Jiangnan Cable, Huamei Cable, Jiangyang Cable, Remote Cable, Dongfeng Cable, Zhongchao Cable, Zhongmei Cable, Zhongchen Cable, Huaya Cable, and Shuguang Cable have excelled in areas such as technological innovation, product quality, brand building, and market expansion. They continue to serve as exemplary leaders, playing a pivotal role in boosting the confidence of wire and cable firms and driving both growth in scale and profitability. Additionally, cable manufacturers from provinces like Shanghai, Zhejiang, Shandong, Chongqing, and Hebei have also delivered impressive performance. Notable examples include Qifan Cable and Huapu Cable from Shanghai; Hangzhou Electric Cable Co., Ltd. and Wanma Cable from Zhejiang; Oriental Cable, Qiuguan Cable, and Chenguang Cable; as well as Han Cable and Taikai Cable from Shandong. Meanwhile, Chongqing’s Taishan Cable and Kebao Cable, along with Hebei’s Xilong Cable, Yaxing Cable, Zhongxin Cable, and Jianye Cable, have all achieved remarkable success in the power cable sector, demonstrating robust market competitiveness. These companies have become key drivers of the sustained, healthy development of China’s power cable industry, earning widespread acclaim from the market and deep trust from customers.
　　The successful conclusion of this event not only provided a platform for leading power cable companies to showcase their brand strengths, setting industry benchmarks and serving as role models, but also offered solid and reliable reference points for state-owned enterprises like State Grid, China Southern Power Grid, China Railway Construction, China Energy Engineering Group, and China National Coal Group when selecting wire and cable suppliers. This has paved the way for high-quality development in the wire and cable industry. Looking ahead, power cable companies must keep pace with the times, continuously enhancing their technological innovation capabilities, strengthening brand awareness and reputation, and actively assuming the role of industry leaders to guide the entire sector toward a new phase of growth.

P.S.: Top 50 Chinese Power Cable Suppliers by Overall Strength in 2024 (Rankings are listed in no particular order)
1. Baosheng Technology Innovation Co., Ltd.
2. Jiangsu Shangshang Cable Group Co., Ltd.
3. Xin Yuan Dong Cable Co., Ltd.
4. Zhongtian Technology Submarine Cable Co., Ltd.
5. Jiangsu Hengtong Power Cable Co., Ltd.
6. Shanghai Qifan Cable Co., Ltd.
7. Qingdao Han Cable Co., Ltd.
8. Hangzhou Cable Co., Ltd.
9. Zhejiang Wanma Co., Ltd.
10. Wuxi Jiangnan Cable Co., Ltd.
11. Ningbo Oriental Cable Co., Ltd.
12. Fujian Nanping Sun Cable Co., Ltd.
13. Tebian Electric Apparatus Shandong Luneng Taishan Cable Co., Ltd.
14. Wuxi Huamei Cable Co., Ltd.
15. Jiangsu Jiangyang Cable Co., Ltd.
16. Jinbei Electric Hengyang Cable Co., Ltd.
17. Aerospace Electric Group Co., Ltd.
18. Changsha Hengfei Cable Co., Ltd.
19. Guangzhou Cable Factory Co., Ltd.
20. Chongqing GePai Wire & Cable Co., Ltd.
21. Remote Cable Corporation
22. Chongqing Taishan Cable Co., Ltd.
23. Jiangsu Dongfeng Cable Co., Ltd.
24. Guangdong Xinya Optical Cable Co., Ltd.
25. Xilong Cable Co., Ltd.
26. Jiangsu Zhongchao Cable Co., Ltd.
27. Ningbo Qiguan Cable Co., Ltd.
28. Jiangsu Zhongmei Cable Co., Ltd.
29. Zhongchen Cable Co., Ltd.
30. Jiangsu Huaya Cable Co., Ltd.
31. Wuxi Shuguang Cable Co., Ltd.
32. Guangzhou Panyu Cable Group Co., Ltd.
33. Shandong Taikai Cable Co., Ltd.
34. Guangdong Cable Factory Co., Ltd.
35. Zhejiang Chenguang Cable Co., Ltd.
36. Feizhou Group Co., Ltd.
37. Zhejiang Genggu Cable Co., Ltd.
38. Yaxing Cable Group Co., Ltd.
39. Guangdong Jianbao Cable Co., Ltd.
40. Shanghai Huapu Cable Co., Ltd.
41. Zhongxin Cable Co., Ltd.
42. Shanghai Yongjin Cable (Group) Co., Ltd.
43. Chongqing Kebao Cable Co., Ltd.
44. Shanghai Feihang Wire & Cable Co., Ltd.
45. Wuxi Qunxing Cable Co., Ltd.
46. Sichuan New Oriental Cable Group Co., Ltd.
47. Jiangsu Dadi Cable Co., Ltd.
48. Jianye Cable Group Co., Ltd.
49. Southern Pearl River Technology Co., Ltd.
50. Shanghai Langda Cable (Group) Co., Ltd.

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