Zhongli Technology Group

What Zhongli Technology Group does

Zhongli Technology Group (Jiangsu Zhongli Group Co., Ltd., SZSE: 002309), headquartered in Changshu, Jiangsu Province, China, is a publicly listed diversified industrial conglomerate founded in 1988 and operating two core business lines: cable and wire products, and photovoltaic solar energy solutions. The cable business spans power cables, control cables, marine/ship cables, automotive cables (including EV charging cables and EV high-voltage internal cables rated to 1500V), rubber-sheathed flexible cables, reel cables, and power cord assemblies, supported by extensive certifications including classification society approvals (ABS, BV, CCS, DNV, KR, LR, NK, RINA, RS) and product certifications (CCC, CRCC, CQC, UL, VDE, TUV, SASO, DEKRA, IATF 16949). The photovoltaic business is operated primarily through subsidiary Tenghui Photovoltaic, producing TOPCon, HJT, and BC solar modules with over 40GW deployed globally across more than 45 branches, supported by manufacturing in China and Thailand and a 2025 HJT technology partnership with Huasheng New Energy and Jianfa Xinxing Energy. Polymer raw materials (PVC, halogen-free polyolefins, polyethylene) are produced in-house at 400,000 tons/year capacity through Zhonglian Optoelectronics, providing vertical integration into cable manufacturing.

The company serves enterprise and government infrastructure customers including State Grid, China Railway Tower, China Shipbuilding, COSCO, CNOOC, and international energy and shipbuilding majors such as Petrobras, TotalEnergies, Samsung Heavy Industries, and Mitsubishi Heavy Industries. Go-to-market is primarily direct enterprise field sales and competitive bidding on major infrastructure projects. The group underwent pre-restructuring proceedings beginning August 2023, with C&D Inc. (Xiamen Jianfa) as the restructuring investor; on 2025-07-09 it successfully removed its ST trading risk warning and resumed normal trading under the 'Zhongli Group' abbreviation. Operating geographies span East Asia, Southeast Asia, North America, Europe, and Australia, with manufacturing facilities in China, Thailand, Vietnam, and a regional office in Singapore.

Zhongli has invested in materials-science R&D as a core differentiator: 326 invention patents and 655 utility model patents support specialized products including ±525kV DC cable insulation for offshore wind and grid interconnection, ultra-fast 350kW+ liquid-cooling charging cables, and lightweight low-smoke halogen-free ship communication cables. Major 2025 contract wins include a 1 billion yuan China Railway Tower power cable award, a 55 million yuan State Grid procurement across four regions, and over 120 million yuan in railway signal cable awards. The company maintains approximately 10,000+ employees and is led by Chairman Xu Jiana (representing parent C&D Inc.) and CEO Zheng Xiaojie.

Name

Zhongli Technology Group

Legal name

江苏中利集团股份有限公司 (Jiangsu Zhongli Group Co., Ltd.)

Website

https://zhongli.com

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

10,001+ employees

Short description

Zhongli Technology Group is a Chinese publicly listed industrial conglomerate (SZSE: 002309) manufacturing cables, polymer materials, and photovoltaic modules for power grid, railway, shipbuilding, EV-charging, and international solar customers, restructured under C&D Inc. ownership in 2023-2025.

Ownership category

akta.pro rank

Product category

Wire and Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Fiber Optic Cable Manufacturing (335921), Other Communication and Energy Wire Manufacturing (335929)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Industrial Power Cable (MV/HV) (IMADAMAB)

akta.pro secondary industries

Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD), Next-Gen Photovoltaics R&D (Perovskite, Tandem, Organic, BIPV Materials) (EUAMAOAA), Data, Communications & Fiber Optic Cable (IMADAMAD), Renewable Manufacturing Materials & Subcomponents (Glass, EVA/Backsheet, Composites, Magnets) (EUAMAHAL)

Keywords

• Power cables
• Ship marine cables
• Photovoltaic modules
• Polymer cable materials
• EV charging cables

Headquarters

HQ city

Changshu

HQ country

China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Cable and Wire Products: Revenue from manufacturing and selling power cables, control cables, ship cables, automotive cables, rubber sheathed cables, reel cables, and power cord assemblies. Also includes specialized cables for railways, metros, and new energy applications.
2. Photovoltaic Products and Solutions: Revenue from solar photovoltaic modules (TOPCon, HJT, BC technology), solar systems, energy storage products, and BIPV series products. Over 40GW of solar modules deployed globally.
3. Polymer Materials: Revenue from cable materials and photovoltaic welding strips including PVC compounds, cross-linked polyethylene, thermoplastic polyethylene, halogen-free flame-retardant polyolefin, and thermoplastic elastomers. Annual production capacity of 400,000 tons.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Zhongli Technology Group manufactures and sells a comprehensive portfolio of wire and cable products, polymer materials, and solar photovoltaic modules. Its cable offerings span power cables, control cables, ship/marine cables, automotive and EV high-voltage cables, rubber-sheathed flexible cables, reel cables, and certified electronic wires, supplied to state power grids, railway operators, shipbuilders, and automakers. Through its Tenghui Photovoltaic subsidiary, it produces TOPCon, HJT, and BC solar modules and energy storage/BIPV systems, while its Zhonglian Optoelectronics subsidiary produces PVC, halogen-free polyolefin, and polyethylene compounds used internally and externally for cable and PV applications.

Product overview

Zhongli Group operates as a diversified technology conglomerate with two core business segments: cables/wire products and photovoltaic (solar) energy solutions. The cable portfolio includes power cables, control cables, marine/ship cables, automotive cables (including EV charging and high-voltage cables), rubber flexible cables, reel cables, and power cord assemblies. The company also manufactures polymer materials (PVC, halogen-free polyolefins, polyethylene) through its Zhonglian Optoelectronics subsidiary. The solar segment is led by Tenghui Photovoltaics, offering TOPCon, HJT, and BC solar modules, with production bases in China and Thailand. Subsidiaries include Changzhou Marine Cables (Seal brand for ship/marine cables), Liaoning Zhongde Cables (specialized power cables), and Lixing Optoelectronics (wire harnesses). The company provides application solutions across smart grids, rail transit, renewable energy, automotive, and FTTX optical networks.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 40GW of solar modules operating globally across USA, Canada, China, Europe, South America
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered important and core.

• Go Solar Group Pty Ltd.importantStrategic or Co-development Partner · 30 October 2025Strategic cooperation with Go Solar Australia during the All-Energy Australia exhibition. The partnership focuses on supply chain coordination, product line expansion, and channel construction to accelerate PV and energy storage solutions deployment in the Australian market.
• Huacheng New Energy Technology Co., Ltd.coreStrategic or Co-development Partner · 28 July 2025Strategic cooperation with Huacheng New Energy and Jianfa Xinxing Energy to introduce advanced HJT (heterojunction) technology to enhance Tenghui Photovoltaic's technical strength and product competitiveness. Huacheng provides HJT technology and manufacturing capabilities while Tenghui provides market channels and brand influence.
• Shanghai Metals Market (SMM)coreStrategic or Co-development Partner · 30 April 2025Zhongli Group partnered with Shanghai Metals Market (SMM) to host the 2025 SMM (3rd) Wire and Cable Industry Development Conference on May 22-23, 2025 in Suzhou, China. The conference aims to foster exchange and cooperation among wire and cable industry players and address future industrial changes with forums and exhibitions focused on technological innovation.
• China Shipbuilding Industry CorporationcoreChannel Partner/ Reseller/ DistributorChangzhou Ship Cable serves as a key supplier to China Shipbuilding Industry Corporation, providing specialized marine cables for shipbuilding operations.
• COSCO ShippingcoreChannel Partner/ Reseller/ DistributorChangzhou Ship Cable supplies marine cables to COSCO Shipping. Jianfa Steel also serves as a core supplier for other COSCO Shipping subsidiaries, enabling comprehensive support for Changzhou Ship Cable in resource acquisition and cost reduction.
• CIMC RafflesimportantChannel Partner/ Reseller/ DistributorChangzhou Ship Cable serves as an important supplier to CIMC Raffles for offshore engineering cable solutions.
• China National Offshore Oil Corporation (CNOOC)importantChannel Partner/ Reseller/ DistributorChangzhou Ship Cable supplies marine and offshore platform cables to CNOOC for various offshore energy projects.

Scale indicators10 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• ZTT Group: Chinese cable and fiber-maker with polymer materials capability and renewable-energy exposure; one of the closest business-model comparables to Zhongli in terms of product breadth and vertical integration.
• JA Solar: Chinese Tier-1 PV module maker with strong domestic and overseas utility footprint; competes directly with Tenghui in BNEF Tier-1 procurement and global tenders.
• Trina Solar: Top-tier global PV module manufacturer with TOPCon and HJT technology; competes head-to-head with Tenghui Photovoltaic in domestic and overseas utility, C&I and rooftop markets.
• JinkoSolar: Global Tier-1 PV module manufacturer with TOPCon leadership; direct competitor to Tenghui in large-scale utility tenders and channel deployments.
• Far East Smarter Energy: Chinese cable specialist with battery, smart-energy and PV businesses; directly competes with Zhongli in power cables, EV charging cables and distributed PV solutions.
• LONGi Green Energy: Largest global monocrystalline silicon and module producer; BC and TOPCon technology overlap with Tenghui, with similar global distribution scale (45+ branches).
• Hengtong Optic-Electric: Chinese A-share listed manufacturer of power cables, optical fiber cables, smart-grid and offshore wind cabling. Directly comparable to Zhongli across the cable, fiber and power-infrastructure stack, and competes head-to-head for State Grid and railway bids.

Broad incumbents

• LS Cable & System: Korean cable system supplier with strong submarine, EV and grid business; comparable to Zhongli in marine cable and EV-charging cable segments, especially for Korean shipbuilding customers such as Samsung and Mitsubishi.
• Nexans: Global French cable incumbent covering submarine HV, building wires and energy infrastructure; a broad incumbent peer rather than direct Chinese-market competitor to Zhongli.
• Prysmian Group: World's largest cable manufacturer, dominant in HV submarine, offshore wind and energy cables; competes with Zhongli in marine cables and HV power cables globally while operating a much broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/zhongli-science-and-technology-group

Compliance17 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zhongli Technology Group