Siait Cable Co., Ltd.Special Cable Project Introduction
Siait Cable Co., Ltd. (hereafter referred to as “Company”) is the subsidiary company of Anhui Siait Cable Group Co., Ltd. (hereafter referred to as “Group”) which was established and registered in July, 2009 in Wuhu City of Anhui province.
The proposed special cable project of the company is the high-tech industrialization project in Wuhu city of Anhui province. This project locates at high and new technology industrial development zone of Wuhu city with a total investment of over 700 million RMB in which fixed assets accounts for more than 500 million RMB. This project covers an area of two hundred thousand square meters in which the established standardized steel-structure factory building accounts for more than ten hundred thousand square meters, and the total building area is two hundred thousand square meters. The construction of this project begins in December, 2009 and will be put into service in October, 2010. After being put into production, its capacity will reach to three billion RMB and can produce sixteen categories and thousands models and sizes cables which will be widely used in the field of oil, chemical engineering, electricity, metallurgy, railway, shipping, military, aerospace and construction, etc. To further enhance brand quality and provide high-quality services for user units, the company introduces more than 500 sets advanced production and detection equipments at home and abroad, such as Germany TROESTER 35KV plastic-sheathed curing production line, Switzerland Maillefer 110KV 12-segment curing production line and Finland Nokia 35KV cross-linking production line, etc.
New productive capacity after this project is completed: the annual production of nuclear power plant cable is 2200 km, marine oil platform cable is 450km, mine cable is 750 km, railway rolling stock cable is 14500 km, railway digital signal cable is 8000km and medium-voltage cross-linking frequency converter special cable is over 4000 km. In addition, the number of new job offers is 1200, which helps to a better and faster economy development of Wuhu’s economy.
This project conforms to national industrial policies and is an actual inflection that the Group responds to the policy of creating harmonious society and vigorously promoting new high technology as well as the industrial development requirement of “Low Carbon Economy”. It is also a reflection that the group overcomes difficulties and turns the crisis into opportunity as well as starts a new undertaking by grasping the prominent opportunity of international financial crisis when facing complicated economy situation at home and abroad. It is a major move of realizing great-leap-forward development, which reflects the confidence and commitment of the group’s managements to the future development of the company; this project bases on the past 17 years research and development in special cable and rich experiences and powerful strength accumulated in process technology, it will greatly enrich the existing production lines of the group and broaden the original marketing channels. At the same time, it will greatly strengthen brand concept of Siait and emphasize the group’s influence in emerging market. Besides, it will provide best and most reliable services for the customers of national nuclear power, new energy, rail transit, energy-saving and lower consumption, etc.
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