面朝大海，热潮涌动。近年来，如东紧扣高质量发展主题，以重大项目为牵引，持续优化产业结构，加速推动制造业转型升级，奏响了传统产业"焕新"、 新兴产业培育、未来产业布局的"三重奏"，县域经济活力持续迸发。11月11日，《第二十五届县域经济与县域发展研究报告》发布，如东县域经济基本竞 争力排序居全国第28位，比去年上升1位。 项目攻坚，筑牢发展"硬支撑" 机器臂精准控制、AGV小车自动穿梭、数据大屏实时更新……走进占地3.2万平方米的中天耐丝有限公司生产车间，科技感扑面而来，巨型屏幕构成的"数 字大脑"，让每台设备的运转、每道工序的流转都清晰可见。 这个总投资15亿元、今年上半年投产的省市级重大项目主要生产5G电源用电缆及新能源特种线缆，可广泛应用于5G基站、海上风电、城市轨道交通等关 键领域，全面达产后，不仅能精准对接我国通信、新能源产业对5G基站、数据中心高频高速传输的需求，还将有力打破国外在该领域的技术垄断，为我 国高端制造业的发展提供坚实支撑。 项目是增量之源、发展之基，是一个城市的后劲所在。今年，如东共有11个项目被列入省重大项目清单，计划总投资656.5亿元，目前7个实施项目开工率 100%，累计完成投 ...

天眼查App显示，近日，邢台成远线缆有限公司成立，法定代表人为罗崇，注册资本200万人民币，经 营范围为许可项目：电线、电缆制造;输电、供电、受电电力设施的安装、维修和试验;电气安装服务 （依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以批准文件或许可证件为 准）一般项目：电线、电缆经营;电力设施器材销售;机械设备销售;电子产品销售;五金产品批发;办公用 品销售;金属材料制造;金属材料销售;金属丝绳及其制品制造;金属丝绳及其制品销售;塑料制品制造;塑料 制品销售;太阳能发电技术服务（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - Huaxin Securities report highlights Huadong Cable's dual business model focusing on cable and oil service sectors, with significant growth in revenue despite a decline in net profit due to external factors [1] Company Overview - Huadong Cable maintains a collaborative development strategy in both cable and oil service businesses, with key products in the cable sector including medium and low voltage power cables and electrical equipment cables, widely used in power, mining, and oil and gas industries [1] - In the oil service sector, core products include continuous oil pipes and smart cable pipes [1] Financial Performance - For the first three quarters of 2025, the company reported revenue of 5.344 billion, a year-on-year increase of 13.30%, while net profit attributable to shareholders was 257 million, a year-on-year decrease of 7.38%, primarily due to tariff and freight disturbances [1] - In the first half of 2025, the company's revenue from overseas and domestic markets accounted for 70% and 27% respectively, with gross profit margins of 13.80% and 14.69% [1] Market Expansion - The company is expanding its presence in the African market by establishing production bases in Tanzania and Cameroon, aiming to meet local demand and extend its reach to surrounding areas [1] - In the North American market, a production base has been established in Panama, and efforts are underway to increase investment and expand capacity at the Busan base in South Korea [1] Investment Rating - The report assigns a "Buy" investment rating for Huadong Cable [1]

天眼查App显示，近日，正辉线缆（文安县）有限公司成立，法定代表人为王正涛，注册资本1000万人 民币，经营范围为许可项目：电线、电缆制造（依法须经批准的项目，经相关部门批准后方可开展经营 活动，具体经营项目以批准文件或许可证件为准）一般项目：电线、电缆经营;金属制品销售（除依法 须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - Hualing Cable's product "high-flexibility and high-wear-resistant cable for mining" has been recognized in the "Ninth Batch of Manufacturing Single Champion Enterprises Publicity List" by the Hunan Provincial Department of Industry and Information Technology [2] Company Summary - Hualing Cable announced the recognition of its product in a public notice on November 5 [2] - The recognition is part of a broader initiative to highlight outstanding manufacturing enterprises in Hunan Province [2]

Core Viewpoint - Hualing Cable's product "high-flexibility and high-wear-resistant cable for mining" has been recognized in the "Ninth Batch of Manufacturing Single Champion Enterprises" list by the Hunan Provincial Department of Industry and Information Technology [1] Group 1 - The product meets the high-frequency and high-strength usage requirements of coal mines and the demand for cable resistance to bending and wear in large-scale mining equipment for copper, lead, and zinc mines [1] - The cable integrates optical fibers and control signals, aligning with the "5G + Smart Mining" requirements [1] - The core technology can also be applied in other fields such as reel, drum, dragline cables, and robotic cables [1]

Core Viewpoint - Hualing Cable's product "high-flexibility and high-wear-resistant cable for mining" has been recognized in the "Ninth Batch of Manufacturing Single Champion Enterprises" list by the Hunan Provincial Department of Industry and Information Technology [1] Group 1 - The product meets the high-frequency and high-strength usage requirements of coal mines and the demand for cable resistance to bending and wear in large-scale mining equipment for copper, lead, and zinc mines [1] - The cable integrates optical fibers and control signals, aligning with the "5G + Smart Mining" requirements [1] - The core technology can also be applied to other fields such as reel, drum, dragline cables, and robotic cables [1]

Core Viewpoint - Tongguang Cable (300265) announced its subsidiaries Tongguang Qiangneng and Tongguang Cable participated in the State Grid Corporation of China's procurement for transmission and transformation projects, indicating a significant business opportunity for the company [1] Summary by Category Company Developments - Tongguang Qiangneng is expected to win a bid for energy-saving wires worth 99.65 million yuan (approximately 14.1 million USD) and conventional wires worth 19.28 million yuan (approximately 2.7 million USD) [1] - Tongguang Cable is anticipated to win a bid for OPGW cables valued at 18.87 million yuan (approximately 2.7 million USD) [1] Financial Impact - The total expected contract value of 138 million yuan (approximately 19.5 million USD) represents about 5.31% of the company's audited revenue for 2024 [1]

Core Insights - Traditional manufacturing leaders are leveraging technology and strategic transformation to navigate intense market competition [1] Financial Performance - In the first three quarters of 2025, the company achieved operating revenue of 20.209 billion yuan, a year-on-year increase of 10.91%, and a net profit attributable to shareholders of 168 million yuan, up 268.86% [1] - The operating cash flow net amount reached 4.92 billion yuan, reflecting a year-on-year growth of 330.80%, with an expense ratio of 8.66%, down 1.48 percentage points [1] - Revenue per capita increased by 17.72% to 2.5797 million yuan [1] Main Business Segments - The three main business segments—intelligent cable networks, intelligent batteries, and smart airports—showed steady growth, forming the company's performance foundation [2] - Intelligent cable network revenue was 17.826 billion yuan, up 9.59%, with a net profit of 315 million yuan, a growth of 8.69% [2] - Intelligent battery revenue reached 1.039 billion yuan, a year-on-year increase of 30.92%, while net losses narrowed to 256 million yuan [2] - Smart airport revenue was 1.267 billion yuan, growing 15.75%, with a net profit of 111 million yuan, up 47.88% [3] Emerging Business Growth - The company made significant progress in emerging business areas, achieving revenue of 713 million yuan in AI, computing power, and robotics, a year-on-year increase of 139.52% [4] - The company has participated in over 40 computing center projects, collaborating with leading firms in AI chip technology [4] - In the robotics sector, partnerships with companies like UBTECH and Zhiyuan are advancing the industrialization of humanoid robots [5] Strategic Initiatives - The company is actively involved in projects related to controlled nuclear fusion and has collaborated with top research institutions to advance superconducting materials and cables [5] - The demand for high-performance cables in AI data centers and robotics is expected to drive market growth, with a focus on specialized cables that meet specific technical requirements [6]

Core Viewpoint - Hubei Yuantong Cable Manufacturing Co., Ltd. has been established with a registered capital of 10 million RMB, focusing on the manufacturing of wires and cables [1] Company Overview - The legal representative of the company is Chen Qiang [1] - The company is engaged in various business activities including the manufacturing and trading of wires and cables, automotive decorative products, and various metal products [1] Business Scope - The company’s licensed projects include the manufacturing of wires and cables, which require approval from relevant authorities before operations can commence [1] - General projects include the sale of automotive parts, chemical products (excluding licensed chemicals), hardware products, and various materials such as refractory materials and construction materials [1] - The company also engages in import and export activities, technology import and export, and provides ordinary goods warehousing services [1]