Core Viewpoint - Shenzhen Wole Cable Co., Ltd. (referred to as "Wole Cable") has submitted an application for listing on the Hong Kong Stock Exchange, with joint sponsors being CITIC Securities International and China Merchants Securities International [2] Company Overview - Wole Cable was established in June 1998 and listed on the A-share main board in 2007. The company specializes in high-speed data communication and alternative energy power transmission solutions, and is a leading manufacturer in the high-speed copper cable market [2] - The company focuses on the research, manufacturing, and sales of polymer radiation-modified new materials, offering over 2,500 products including high-speed copper cables, automotive data communication cables, industrial automation and robotics cables, single-wall heat shrink tubing, medical tubing, and DC charging guns for new energy vehicles [2] Market Position - Wole Cable is the second-largest manufacturer of high-speed copper cables globally, holding a market share of 24.9%. It is also the leader in the heat shrink materials industry with a market share of 20.6%, and dominates the Chinese market for DC charging guns for new energy vehicles with a share of 41.7% [2] Financial Performance - The company's revenue for 2022, 2023, and 2024 is projected to be 5.337 billion yuan, 5.719 billion yuan, and 6.92 billion yuan respectively, with net profits of 660 million yuan, 758 million yuan, and 921 million yuan [3] - In Q1 2025, the company reported revenue of 1.759 billion yuan, a year-on-year increase of 26.6%, and a net profit of 250 million yuan, up 35.86% year-on-year [4] Accounts Receivable - Wole Cable's accounts receivable and other receivables net amount for 2022, 2023, and 2024 are 2.604 billion yuan, 2.966 billion yuan, and 3.579 billion yuan, accounting for 48.79%, 51.86%, and 51.72% of revenue respectively [6] - The expected credit loss provision for accounts receivable and other receivables increased from 133 million yuan in 2022 to 175 million yuan in 2024 [7] Cash Flow and Debt - The net increase in cash and cash equivalents for 2022, 2023, and 2024 is decreasing, with figures of 130 million yuan, 77.923 million yuan, and 2.373 million yuan respectively [9] - As of the end of 2024, the company had cash and cash equivalents of 877 million yuan, while short-term debt amounted to 1.082 billion yuan, resulting in a cash shortfall of 205 million yuan [10] Dividend Policy - Despite cash shortages, Wole Cable has maintained a habit of distributing dividends, with payouts of 44.1 million yuan, 50.4 million yuan, and 212 million yuan from 2022 to 2024. On June 16, 2025, the company announced a further dividend of 171 million yuan [11]

7 July 2025 | 10:31AM HKT GC Tech: Time Interconnect (1729.HK): High-speed cable and Servers ODM; China Cloud Capex to drive growth ahead We talked to Time Interconnect (1729.HK, Not Covered) management recently. Time Interconnect provides customized copper and optical fiber cable, along with servers ODM. Overall, management remains positive on the company's revenue growth in 2025E driven by (1) rising AI demand to drive adoption of high-speed cable products, where the company benefits from offering compreh ...

Optical Cable (OCC) Q2 2025 Earnings Call June 05, 2025 11:00 AM ET Company Participants Spencer Hoffman - DirectorNeil Wilkin - Chairman, President & CEOTracy Smith - SVP and CFO Conference Call Participants Manny Stoupakis - Research Analyst Spencer Hoffman Good morning, and thank you for joining us for Optical Cable Corporation's Second Quarter Fiscal Year twenty twenty five Conference Call. By this time, everyone should have a copy of the earnings press release issued earlier today. You can also visit w ...

Nexans inaugurates Stella Nova and unveils a world-first demonstration for the electrification of data hall infrastructures in data centers PRESS RELEASE Hanover, June 4, 2025 – At a time when digital infrastructures and sustainability challenges are reshaping the global energy landscape, Nexans is investing to meet tomorrow's critical demands. Today, Nexans inaugurates Stella Nova, its new Center of Excellence located in Hanover, Germany. On this occasion, the Group also unveils a world-first demonstration ...

Nexans Mixed Shareholders’ Meeting of May 15th, 2025 _PRESS RELEASE_ Paris La Défense, on May 15th, 2025 – Nexans Annual Shareholders' Meeting, held today in Paris, approved all 27 resolutions agreed by the Board of Directors. The voting results are available on the Nexans website. The Shareholders’ Meeting was broadcast live in French and English, and a replay will be available shortly on this same website.The shareholders adopted all the resolutions submitted, and thus approved: The distribution of a divi ...

Core Insights - Mattr Corp reported strong financial performance in Q1 2025, leveraging its unique product portfolio despite geopolitical uncertainties [2][4] - The company anticipates a decline in revenue and Adjusted EBITDA in Q2 2025 due to macroeconomic conditions and customer confidence [2][21] Financial Performance - Mattr's revenue for Q1 2025 was CAD 320.1 million, a 52.4% increase from CAD 210.0 million in Q1 2024 [5][7] - Adjusted EBITDA from Continuing Operations was CAD 46.6 million, an 80.3% increase compared to CAD 25.8 million in Q1 2024 [7][9] - Net income for the period was CAD 52.7 million, compared to a loss of CAD 5.6 million in the prior year [5][43] Segment Performance - The Connection Technologies segment reported revenue of CAD 187.3 million, a 106% increase from CAD 90.8 million in Q1 2024 [11][12] - The Composite Technologies segment saw revenue increase by 11.3% to CAD 132.8 million compared to CAD 119.3 million in the prior year [15][18] - Adjusted EBITDA for the Connection Technologies segment was CAD 30.5 million, a 73% increase year-over-year [11][39] Acquisition Impact - The acquisition of AmerCable for USD 283 million (approximately CAD 407 million) has been integrated into the Connection Technologies segment, significantly contributing to revenue growth [3][6] - The acquisition incurred costs of CAD 9.5 million, impacting the financial results for Q1 2025 [8][9] Capital Expenditures and Share Repurchase - Mattr committed CAD 11.6 million to new capital expenditures and repurchased approximately 1.0 million shares for CAD 11 million under its normal course issuer bid [3][10] - As of March 31, 2025, cash and cash equivalents totaled CAD 52.7 million, down from CAD 502.5 million at the end of 2024 due to the acquisition [10][21] Outlook - The company expects Q2 2025 revenue and Adjusted EBITDA to decline sequentially, influenced by customer purchasing delays amid tariff uncertainties [20][21] - Mattr remains focused on integrating AmerCable and optimizing its operational footprint while navigating market uncertainties [4][22]

Core Insights - Nexans, in collaboration with Swissgrid, will install Switzerland's longest high-voltage underground line in the Saint-Gotthard Road tunnel, marking a significant advancement in electricity transmission along the north-south corridor of Switzerland [1][2][7] - The project involves an 18 km long 220 kV high-voltage line, which will replace the existing overhead line, and is set to be completed by 2030 [1][2] - The project is valued at approximately €50 million, representing the largest contract ever signed by Nexans Switzerland, highlighting the company's strong position in the Swiss market [3] Project Details - The preparatory phase for the project will take place from 2025 to 2028, with construction starting in 2028 and completion expected in 2030 [2][7] - Nexans will supply a total of 57 km of extra-high voltage cable, with manufacturing taking place in Charleroi, Belgium, and project engineering and installation handled in Cortaillod, Switzerland [2] - The project aims to leverage synergies with existing infrastructure, contributing to landscape preservation and efficient land use [2] Environmental Impact - Once operational, the new underground line will allow for the dismantling of overhead cables crossing the Gotthard Pass, reducing environmental and landscape impact in the area [4] - Four pylons near the summit will remain but will be reduced in size to continue supporting a high-voltage connection for Swiss Federal Railways (SBB) [4] Company Overview - Nexans has over a century of experience in electrification and is committed to sustainable and decarbonized electricity solutions, with a reported €7.1 billion in standard sales for 2024 [5] - The company operates in 41 countries and is recognized as a global leader in climate action, aiming for Net-Zero emissions by 2050 [5]

转自：前瞻产业研究院 行业主要上市公司：金杯电工(002533.SZ);宝胜股份(600973.SH);远东股份(600869.SH);金龙羽（维权） (002882.SZ);汉缆股份(002498.SZ);尚纬股份(603333.SH);起帆电缆(605222.SH)等 本文核心数据：电线电缆全产业链;区域热力图;代表性企业产业链布局 1、电线电缆产业链全景梳理：国内产业链齐全，下游应用广泛 2、中国电线电缆产业链区域热力地图：以江浙沿海等地为核心布局 目前，我国电线电缆行业产业链较为成熟，上游行业主要为提供制造电线电缆产品原材料的基础材料行业， 如铜、铝及其合金;制造交联绝缘套及护套料的橡胶行业，聚乙烯、聚氯乙烯化工行业等;中游包括提供电力 电缆、通信电缆、电气装备用电缆及裸电线、绕组线等其他类型电缆的电线电缆生产制造企业;下游主要为 对电线电缆有需求的行业，如工程机械、通信行业、电力行业及建筑行业等。 从企业来看，上游铜、铝及其合金供应商为电线电缆产业提供主要组成材料，主要企业有铜陵有色、楚江新 材、海亮股份等。在中游电线电缆制造行业中，制造电力电缆的主要企业有特变电工、青岛汉缆等;制造通 信电缆的主要 ...

Core Insights - Nexans reported a strong start to 2025 with first-quarter organic growth of +4.1%, driven primarily by its electrification segment, which achieved +6.8% organic growth [2][6][9] - The company confirmed its 2025 guidance, projecting adjusted EBITDA between €770 million and €850 million and free cash flow between €225 million and €325 million [6][30][26] - Nexans is strategically divesting non-core assets, such as Lynxeo, to focus on electrification, enhancing its capability to deliver integrated solutions [3][13] Financial Performance - First-quarter 2025 standard sales reached €1,815.4 million, reflecting a +4.1% increase year-on-year [6][9] - The electrification businesses, including PWR-Transmission, PWR-Grid, and PWR-Connect, showed robust growth, with PWR-Transmission segment sales increasing by +21.7% [6][15][10] - The adjusted backlog for PWR-Transmission reached a record €8.1 billion, up +9.7% from the previous quarter [6][16] Strategic Developments - Nexans secured a major framework agreement valued at over €1 billion with RTE for the supply of HVDC cables to connect offshore wind farms to the French transmission network [6][14] - The integration of La Triveneta Cavi is progressing well, delivering expected synergies and enhancing the company's market position [12][6] - The company is actively pursuing targeted M&A opportunities aligned with its core mission to enhance sustainable long-term value [3][5] Market Position and Outlook - Despite global economic uncertainties, Nexans maintains confidence in its growth trajectory, supported by a strong backlog and strategic focus on electrification [7][5] - The company is well-positioned to capture growth opportunities, particularly with the upcoming operational launch of its third cable-laying vessel, Nexans Electra, expected in 2026 [17][6] - Nexans continues to strengthen its profile as a global electrification pure player, reinforcing its commitment to sustainable energy solutions [6][34]

_PRESS RELEASE_ Paris, April 29th, 2025 – Nexans, a global leader in the design and manufacturing of cable systems and services, specializing in the offshore wind market and subsea interconnectors, has been awarded a significant contract by Interconnect Malta (ICM) to deliver the second Malta-Sicily interconnector. This new high-voltage alternating current (HVAC) link will reinforce Malta's electricity system, ensuring a stable and resilient energy supply. The cables for this project will be produced at Nex ...