Flash | 22 Jan 2026 12:52:32 ET │ 10 pages Ningbo Orient Wires & Cables (603606.SS) Positive Outlook on Order Execution and New Demand in 2026E CITI'S TAKE We hosted a call with the IR manager of NBO. Key takeaways: (i) NBO expects to deliver most of its order backlog, totaling over Rmb20bn by end-2025, during 2026-27E, including delivery of much high-voltage subsea cable orders likely in 2026E; (ii) management expects China offshore wind installation to be 10-12GW in 2026E and potentially up to 15GW p.a. i ...

Resignation of Mr. José Francisco Pérez Mackenna from his position as Director of Nexans _PRESS RELEASE_ Paris, January 22nd 2026 – Nexans announces the resignation of Mr. José Francisco Pérez Mackenna from his position as Director of Nexans, effective February 1st, 2026. His resignation also entails his departure from the Accounts, Audit and Risk Committee, the Appointments and Corporate Governance Committee, the Compensation Committee, and the Strategy and Sustainable Development Committee.Mr. Pérez Mack ...

Core Viewpoint - The company has made significant advancements in the research and industrialization of high-speed copper cable products, achieving mass production capabilities for its 224G physical foaming products [1] Group 1: Product Development - The company has established a complete product matrix for high-performance requirements, including the 224G foaming specialized equipment production line, which is now operational [1] - The company has successfully received orders from domestic and North American clients for its 112G and 224G high-speed copper cable products, entering the stage of large-scale production [1] Group 2: Certification and Market Demand - Recently, the company's high-speed copper cable products have passed certification from a major North American client [1] - The performance and quality of the company's products meet the requirements of global technology companies such as NVIDIA, Amazon, Google, and Huawei for high-speed interconnect solutions in AI computing clusters and large-scale data centers [1]

□ 本报记者蔡姝雯张宣实习生李凌云 "青年科研人应坚守初心、勇攀高峰，把个人理想融入国家发展大局，用科技创新书写青春答卷。"远东 海缆有限公司总经理、"江苏省青年女科学家"获得者徐静表示，未来将持续聚焦海缆领域关键核心技 术，推进高电压、长距离、环保型海缆的研发与产业化应用，助力我国海缆技术从"跟跑"向"领跑"跨 越，为海洋经济、新能源等战略性新兴产业高质量发展注入动能。 1月13日召开的省科学技术协会第十一次代表大会，对全省科技工作者提出殷切希望：在推动科技创新 和产业创新深度融合、助力打造发展新质生产力的重要阵地上再立新功；在发挥关键力量作用、推进教 育科技人才一体发展上再立新功；在推动科普事业发展、促进全民科学素质提升上再立新功；在大力弘 扬科学家精神、营造有利于创新创造的良好风尚上再立新功。 参会代表纷纷表示，要深入学习贯彻习近平总书记关于科技创新的重要论述和对江苏工作重要讲话精 神，进一步把思想和行动统一到党中央决策部署上来，勇挑重担、勇攀高峰，努力在新征程上再立新 功，为江苏在推进中国式现代化中走在前、做示范多作贡献。 胸怀"国之大者"，勇担科技自立自强使命 "大会提出的'四个再立新功'，为全省广 ...

Core Insights - Nexans is executing the Great Sea Interconnector (GSI) project in accordance with its contractual obligations and established milestones since 2023 [1] - A rescheduling of activities is ongoing with the customer, which will affect the project delivery date but not Nexans' 2028 financial guidance due to a large backlog and proactive measures [2] - Nexans remains committed to the GSI project and is confident in the long-term growth prospects of its PWR-Transmission business, supported by structural trends and a robust order backlog [3] Company Overview - Nexans is a global leader in sustainable electrification, providing advanced cable solutions and services for the transition to a low-carbon future [5] - The company has over 140 years of history and operates through three core businesses: PWR Transmission, PWR Grid, and PWR Connect, focusing on innovation and energy transition [6] - Nexans operates in 41 countries with a workforce of 28,500 and generated €7.1 billion in standard sales in 2024, with a commitment to Net-Zero emissions by 2050 [7]

Group 1 - Nexans has a liquidity contract with NATIXIS ODDO BHF, with assets reported as of December 31, 2025 [1] - The liquidity contract is in accordance with AMF decision no. 2018-01 and decision no. 2021-01 [1] - The company reported 27,951 shares and EUR 6,018,379.66 in cash as part of its liquidity account [4] Group 2 - Nexans generated €7.1 billion in standard sales in 2024 [2] - The company employs approximately 28,500 people across 41 countries [2] - Nexans is committed to achieving Net-Zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi) [2]

Core Insights - Eni S.p.A.'s chemical unit, Versalis, and Prysmian S.p.A. are collaborating to create a circular economy for plastic cable scrap, focusing on reducing and recycling plastic waste [1][4] Group 1: Collaboration and Objectives - The partnership aims to gather plastic waste from Prysmian's manufacturing processes and decommissioned cables, converting it into new plastic polymers through a chemical recycling process [1][9] - The initiative underscores both companies' commitment to sustainability and reducing environmental impact, with a pilot project expected to commence in the second half of 2026 in Italy [4][9] Group 2: Recycling Technology - Prysmian will send collected plastic scrap to Versalis' Mantua plant, where it will be processed using the proprietary Hoop® technology, converting plastic into pyrolysis oil for new polymers [2][9] - The Hoop® technology allows for approximately 60% of cross-linked polyethylene (XLPE) to be recycled without loss of quality, enabling the production of new industrial cables [3][9] Group 3: Industry Impact - This innovative approach represents a significant advancement in recycling capabilities for industrial cables, promoting sustainability within the industrial sector and enhancing the circular economy [4][3]

Nexans enters exclusive negotiations with Motherson for the sale of Autoelectric, marking the final step in the Group’s transformation into a pure electrification player  Paris, December 22nd, 2025 – Nexans announces today having entered into exclusive negotiations with Samvardhana Motherson International Limited (“Motherson”), a leading global supplier of automotive systems and components, for the sale of Nexans’ wiring harness business Autoelectric for an Entreprise Value of € 207 million. Autoelectric, h ...

Nexans Completes Acquisition of Electro Cables Inc. to Strengthen Low-Voltage Solutions (PWR-CONNECT) in North America Paris, December 17th, 2025 – Nexans announces today the completion of the acquisition of Electro Cables Inc. (“Electro Cables”), a well-positioned Canadian manufacturer of low-voltage cable systems, in a strategic move that expands the company’s footprint in one of North America’s most dynamic segments. The acquisition marks a significant milestone in Nexans’ strategy to accelerate growth i ...

This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Dive Brief: South Korea-based LS Cable & System is planning to spend an additional $689 million for a manufacturing campus in Chesapeake, Virginia, Gov. Glenn Youngkin announced Friday. The company expects to break ground on the project in 2026. The project will be initiated through three of the communication cable and system company’s subsidiaries, in ...