Project Introduction

The nation has invested 4 trillion in the construction of “Strong and Smart Grid”, thus bringing unprecedented opportunities for high voltage and extra-high cable. Although high and extra-high voltage cross linked cable of 220kV and 500kV produced by Baosheng Group has a huge market with wide prospect, matched plug products still mainly rely on imports.

Main Content and Scale

Bring in advanced production facilities and develop high voltage and extra-high voltage cable joint products of 220kV and above.

Estimated Total Investment

CNY120 million, including cny100 million in fixed assets.

Economic Benefits

After reaching the designed capacity, it is expected to achieve CNY 240 million of annual sales and CNY 50 million of profits. The project should be completed in one year and the expected payback period is 3 years. 

Investment Mode

①Joint venture. The cooperation partner is Baosheng Group, which is a large state-owned enterprise specialized in  the production of electrical products, including electrical wires and cables of 500kV and below, electrical cable materials, transformers and switch cabinets. The company was elected into one of Chinese top 500 companies, Chinese 500 top manufacturing companies, and Chinese top 500 mechanical companies successively.

②Sole proprietorship. The construction project is located at Power Transmitting and Transforming Equipment (Smart Grid) Industrial Park or Italy Industrial Park in Baoying County.

Contact

Organization: Key Industrial Project Advancement Headquarters of Baoying County

Contact: Mr. Ge

Tel: 0514-88290216

Fax: 0514-88290216

Add: (Administrative Center) No.88, Baoying Avenue , Baoying County, Jiangsu Province

E--mail：bygyzhb@126.com