New trend of international wire and cable industry development

In recent years, China's wire and cable industry has developed rapidly, and the output value of wire and cable has become the world's first. The development of the country's wire and cable industry has a pivotal position in the world. Cable industry cluster is one of its development characteristics. In the recent period, Yixing, one of the concentrated places in China's wire and cable industry, frequently reported the good news of acquisitions, and the main development trend is the extension of upstream and downstream industries.

Smart Energy (600869) after the acquisition of Shanghai Aineng Power, Beijing Shuimu Yuanhua and other enterprises, and the acquisition of the world's third largest lithium-ion battery enterprise - Jiangxi Foster (603806) new energy Group, a new layout of enterprise new energy power battery and other fields; China Super Cable has acquired seven companies such as far away cable and Pearl cable, enriching the product structure, and gradually enhancing the market competitiveness of enterprises; Remote Cable (002692) has acquired Wuxi Yude Cable and Yangdong Electric, with the help of Yude's business advantages involved in the production of low-oxygen copper rod, the business scope expanded to the upstream of the industrial chain, relying on Yangdong Electric, explore the field of transformers, to achieve extension expansion, the main business strength and market competitiveness; Jiangnan cable will coal cable rubber sheath mining cable business income, a year later, the company's order volume increased significantly, while the nearby materials, the ultra-high voltage cable olive branch thrown to Kaida cable, and reached a cooperation agreement immediately realized production, delivery cycle half a year ahead of schedule.

Japan: The power cable field kicked off the second reorganization

Japan leads the global wire and cable industry with technology. The country's cable industry has also been closely watched. Following the shrinking of Japan's domestic electricity market in 2001-2002, the first reorganization of the power cable field has recently opened the second reorganization of the Japanese power cable field. The strategic restructuring is mainly to cope with the development of globalization and expand overseas market share. Business restructuring is mainly concentrated in large wire and cable enterprises, mainly the following points.

Sumitomo Electric will fully subsidiary J-power systems to form the 'Sumitomo Electric &JPS Group'. Furukawa Electric integrates Viscas' overseas underground power lines and subsea power lines business (marketing, etc., production entrusted to Viscas). Fujikura Group integrates Viscas' overseas overhead cable business to form 'Fujikura &Viscas Group'. Showa Cable CS absorbed and merged Exsim to form 'Showa Cable &Exsim Group', establishing a system of four company groups and one company Viscas. At this time, Viscas will continue to conduct business with domestic power companies in Japan, in addition to undertaking overseas commissioned production business for Furukawa Denko and Fujikura.

To sum up, in the recent period of wire and cable industry, China is mainly acquired, and the upstream and downstream industry chain is extended to the structure and improvement of the entire system; Japan mainly focuses on business restructuring to improve competitiveness to cope with the development of globalization. Both countries contribute to the development of the wire and cable industry in Asia and the world.