Optical fiber composite
Optical fiber composite power cable industry leader
Focused on the special cable technology research and development, especially in the super, UHV power transmission cable, aerospace high temperature cables, communication with high-frequency cables in the field of technology have obvious advantages. The main products are OPGW, ADSS, OPPC power cable, sales have been at the forefront of the industry, in which the OPGW market share ranked second, and the market share is rising year by year. The company is high temperature resistant cable for aerospace and military products, five domestic suppliers, special competitive environment that is far higher than other product gross margin, with the breakdown products of the proportion of income increase, comprehensive profitability improved.
Main outstanding achievement sustained growth
Optical cable is mainly engaged in HV, EHV and UHV transmission lines with the special power optical fiber cable and wire, high temperature resistant cable for aerospace, communications with high frequency cable R & D, production and sales, the industry related to electric power, communications, military and other. The company has a comprehensive grasp of including type SZ line production technology, special cable industry core technology, products fill the gaps, alternative foreign high-end specialty cable products, the realization of China in high-end specialty cable independent development of major breakthrough, become the special cable industry's main suppliers.
Company to highlight the main industry, the main business income in revenue accounted in more than 98%, and the last three years the main business showed a high growth trend, 2009 main business income is 2008 year growth of 31.35%, 2010 year than the 2009 annual growth of 28.05% over the last three years, the main business income of compound growth rate of 29.69%.
Special power cable and aerospace high temperature cables, communication cables for the company leading products with high frequency. 2008-2010, the three business revenue accounted for the main business gross income 89.39%, 89.92% and 81.30%; gross profit contribution rate is respectively 93.82%, 91.01% and 86.06%, is the company's main source of revenue and profits.
The high-end market foreground is very wide
" Eleven five" period benefited from China's rapid economic development, the wire and cable industry overall has maintained a good momentum of growth, the average annual growth rate of 18.77%, far more than 9% of GDP growth rate, yield up to the first in the world. In the future, power, communications, aerospace and other industries in the context of rapid development of special cable industry will usher in greater development opportunity.
The company through continuous technological innovation, and gradually in the special cable manufacturing and industrial design two areas were formed within the 4 core technologies, and obtained 20 patents, is the small number of mature OPGW production technology enterprises, has been formed and established in the product technology leadership. Along with the large scale model high voltage power grid construction develops,company EHV transmission line technology will help the company in UHV construction for the market share, the company will further improve the market share.
The project raised to form new profit point
From the beginning of 2008, the company's aerospace high temperature cables and communications with high frequency cable capacity appear insufficient, 2009-2010 years despite the small scale expansion, but a large number of market demand has led to the company production bottlenecks, two kinds of products, production capacity utilization rate is achieved respectively 139.60% and 153.33%.
The land do poineering work board, the company intends to issue RMB ordinary shares of 35000000 shares, raising funds to invest in an annual output of 15000 km communications and electronic equipment cable expansion project; an annual output of 25000 tons of transmission line type wire project; an annual output of 10000 skin long kilometer OPGW expansion project; marketing network construction project. 25000 tons of transmission line type wire project officially put into operation, with the market development, will become the new profit growth point.
Some in the industry think, raised for the smooth implementation of the project will help the company product upgrade and extension of industrial chain, to strengthen the company in the special cable areas of competitive advantage and market position, improve profitability, ensure the sustained and stable development of the company
