In the first quarter of this year, Guizhou Xinshuguang Cable Co achieved remarkable success by ushering in a 300-percent increase in orders compared to the same period last year. This is thanks to its outstanding manufacturing capabilities and continuous technological innovation.
As a subsidiary of Chang Tong Group, Guizhou Xinshuguang Cable Co is located in the Guiyang Economic and Technological Development Zone (GETDZ). The company specializes in the production of copper-core, aluminum-core, and aluminum alloy cables.
An employee is busy working at the production line of Guizhou Xinshuguang Cable Co. [Photo/WeChat account of GETDZ]
In the second quarter, the company plans to increase its research and development investment in the field of new energy, such as photovoltaic and wind power, as well as energy storage.
Furthermore, against the backdrop of new industrialization and new quality productive forces, the company will continue to explore and apply new patents and technologies in order to further enhance its competitiveness.
The company will soon introduce a batch of new equipment to further enhance its level of automation, with an expected 40-percent increase in production efficiency.
"Our annual output value target is approximately 1.6 billion yuan ($221.29 million), of which 600 million yuan will be reached within the first half of the year. Currently, we anticipate a 40-50-percent increase in frontline staff members," said Shen Jin, the company's factory manager.