Zhejiang Shengyang Science & Technology

What Zhejiang Shengyang Science & Technology does

Zhejiang Shengyang Science & Technology Co., Ltd. (浙江盛洋科技股份有限公司) is a Chinese publicly-listed manufacturer (Shanghai Stock Exchange, ticker 603703, listed April 23, 2015) organized around five industrial sectors: wired signal transmission, wireless signal transmission, integrated circuit display, communication base station construction, and satellite communications. The company was founded in June 2003 as Zhejiang Shengyang Cable Co., Ltd., renamed in 2010, and absorbed Zhejiang Yemai General Cable in 2016. Coaxial cables (RG6/RG8/RG11/RG59/RG316), network cables (CAT3 through CAT7A in UTP/FTP/SFTP variants), fiber optic cables, UL-certified hook-up wires, satellite reception terminals (LNB, dCSS switches, SAT>IP via Inverto brand), and VFD/LED display modules (via Qiusheng Optoelectronics subsidiary, ranked #2 globally in VFD) constitute the core product portfolio. Manufacturing processes include proprietary aluminum foil longitudinal wrapping molds and high-speed braiding technology, supported by 9 invention patents, 61 utility model patents, 13 design patents, and 20 software copyrights.

The company serves three primary customer segments: international cable distributors (with products certified to US UL, ETL, China TLC, and ISO standards and exported primarily to North America and Europe), home-appliance OEMs (Haier, Gree, Midea, Hisense, Fotile, LG, Samsung, Panasonic, Whirlpool), and DTH/satellite operators (M7 Group, OSN, TataSky). Revenue is generated almost exclusively through B2B hardware sales via direct export sales, wholly-owned operating subsidiaries (FTA/Inverto in Luxembourg for Europe, PT Media Partner Indonesia for Southeast Asia), and direct OEM supply. Pricing is quotation-based and not publicly disclosed. Recent strategic activity includes a 106 million yuan intelligent-manufacturing capacity expansion (July 2024) and three strategic partnerships signed in 2024 targeting the V2X/Beidou intelligent transportation and low-altitude economy verticals. The company is designated a National Key High-Tech Enterprise with AAA corporate credit and AEO Advanced Customs certification.

Operations are headquartered at Renmin East Road in the Yuecheng District of Shaoxing, Zhejiang Province, with reported headcount of 477 in one environmental report (the firmographics record 1,001-5,000 employees). The management team is led by Chairman Ye Liming (叶利明) and President Ye Shengyang (叶盛洋, also head of Shengyang Holding Group), supported by Executive Deputy General Manager Xu Fengmei (徐凤娣), Party Secretary Zhao Lifeng (赵立峰), and Chief Engineer Li Jian (李健).

Name

Zhejiang Shengyang Science & Technology

Legal name

浙江盛洋科技股份有限公司

Website

https://shengyang.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Zhejiang Shengyang Science & Technology is a Chinese-listed cable and connectivity manufacturer producing coaxial, network, and fiber cables, satellite reception equipment, and VFD/LED displays, exporting to North America and Europe while supplying Chinese and global appliance OEMs and DTH operators via wholly-owned subsidiaries in Luxembourg and Indonesia.

Ownership category

akta.pro rank

Product category

Wire and Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Other Communications Equipment Manufacturing (33429)

SIC

Electronic Components & Accessories (3670), Radio & Tv Broadcasting & Communications Equipment (3663)

akta.pro primary industry

Coaxial, RF & Specialty Signal Cable (IMADAMAE)

akta.pro secondary industries

Data, Communications & Fiber Optic Cable (IMADAMAD), Cable Assemblies & Patch Cords (Copper/Fiber) (HDAFALAF)

Keywords

• Coaxial cable manufacturing
• Data network cables
• Satellite communication equipment
• Fiber optic cables
• Electronic display modules

Headquarters

HQ city

Shaoxing

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Cable Products Manufacturing: Manufacturing and sales of signal transmission cables including coaxial cables, network cables (UTP, FTP, SFTP in CAT5E, CAT6, CAT6A categories), electronic wires, and cable accessories. Products exported primarily to North America and Europe.
2. Satellite Communication Equipment: Satellite communication terminal products including LNB, dCSS switches, SAT>IP devices, and related satellite reception equipment
3. Display Components: LED display modules and VFD (Vacuum Fluorescent Display) components for home appliances, automotive, and industrial applications

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Zhejiang Shengyang Science & Technology manufactures and sells coaxial cables (RG6, RG11, RG59, RG7), data network cables (Cat5e, Cat6, Cat7, Cat8), fiber optic cables, hook-up wires, satellite communication equipment (antennas, LNBs, mount kits), and LED and VFD display modules for household appliances. Customers include domestic and international appliance manufacturers, cable distributors, satellite/DTH operators, and telecom infrastructure providers.

Product overview

Zhejiang Shengyang Science & Technology is a comprehensive cable and communication equipment manufacturer with a multi-industry portfolio spanning five major sectors: wired signal transmission, wireless signal transmission, integrated circuit displays, communication base station construction, and satellite communications. The company operates as a platform of subsidiaries and brands including Shengyang (core cable products), Zhongpin (branded cabling solutions), Inverto/FTA (European satellite connectivity subsidiary), PT Media Partner Indonesia (Indonesian cable subsidiary), and Zhejiang Qiusheng Optoelectronics (display components subsidiary). Core product lines include coaxial cables (RG6, RG11, RG59 series), network cables (CAT5E through CAT7A in UTP/FTP/SFTP configurations), fiber optic cables, satellite communication terminals, and electronic display modules (VFD and LED displays). The company also provides UL-certified hook-up wires and specialty cable solutions for data centers and telecommunications infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• 中品 (Zhongpin / TOPN): Sub-brand covering copper cables, optical fiber, data center, security cabling, and rack wiring products.
• Inverto

Products and services

• Coaxial Cables

Quantifiable outcome

• 880,000 boxes annual capacity for high-performance data cables through intelligent manufacturing upgrade
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• 北京星云互联科技有限公司 (Beijing Nebula IoT Technology Co., Ltd.)coreStrategic or Co-development Partner · 3 December 2024Strategic partnership for smart transportation, connected vehicles, and electronic information and signal transmission. Joint development of electric vehicle monitoring products and V2X intelligent devices. Nebula IoT is a leading company in vehicle-road coordination (V2X) technology.
• 北京博大网信股份有限公司 (Beijing Bodahnet Communication Co., Ltd.)coreStrategic or Co-development Partner · 1 September 2024Strategic cooperation for intelligent connected, computing power, smart transportation, smart city, and low-altitude economy applications. Joint product R&D and market promotion; collaboration on material procurement, storage management, and contract manufacturing. Combined R&D teams established for high-performance intelligent product development.
• 上海势航网络科技有限公司 (Shanghai Shihang Network Technology Co., Ltd.)coreStrategic or Co-development Partner · 12 April 2024Strategic cooperation agreement signed in April 2024 for joint development of Beidou vehicle-mounted terminal products. Both parties leverage their respective advantages in vehicle networking terminal R&D and satellite signal transmission technology to develop products for intelligent transportation applications.
• CES信息发展 (CES Information Development)coreTechnology or IntegrationPartnership with CES Information Development which has achieved leading position in Beidou vehicle terminal applications with over 100,000 units deployed. Shengyang provides supporting components for Beidou vehicle terminals through this supply relationship.
• 绍兴文理学院 (Shaoxing University)minorStrategic or Co-development PartnerSchool-enterprise cooperation including off-campus practice base designation and guest professor appointment. Collaboration areas include joint research innovation, new talent cultivation, recruitment, and establishment of joint research centers. Company President Ye Shengyang appointed as guest professor.
• FTA Communication Technologies S.à r.l. (Inverto)coreOEM/ Whitelabel/ Licensing PartnerSubsidiary of Shengyang Technology based in Luxembourg with 30+ years presence in Europe. Brand Inverto is a core technology partner for global DTH operators. Products include Ka/Ku LNB, dCSS switches, SAT>IP, multi-screen video streaming, and WebRTC solutions.
• PT Media Partner IndonesiacoreChannel Partner/ Reseller/ DistributorSubsidiary of Shengyang Technology focused on cable product R&D and sales in Indonesian market. Products include coaxial cable, network cable, and fiber optic cable for communication, network, security, and broadcasting applications.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Hengtong Optic-Electric: Leading Chinese fiber optic and power cable manufacturer with global reach. Comparable in fiber optic cable, network cable, and broader wire-and-cable categories, with a similar Chinese-headquartered, export-oriented model.
• Belden Inc. US-based manufacturer of signal-transmission cables including coaxial, network, and fiber optic cables for industrial, broadcast, and enterprise networks. Closely comparable product overlap (coaxial, CAT5E–CAT7A, fiber) and a similar export-driven, B2B enterprise sales motion.
• Leoni AG: European specialist in cables and wiring systems for automotive, industrial, and communication applications. Comparable product overlap in data/communication cables and high-speed copper cabling where Shengyang is launching its 800G AI product line.
• Futong Group: Major Chinese manufacturer of optical fiber, communication cable, and power cable for telecom operators. Closely comparable Chinese competitor in fiber optic and communication cable categories serving domestic and international markets.
• TechniSat Digital GmbH: German satellite reception and consumer electronics manufacturer and operator. Comparable as a European satellite terminal equipment maker serving DTH operators, similar to Shengyang's Inverto/FTA subsidiary based in Luxembourg.
• Walsun (Zhejiang Wanma Co.): Chinese specialty cable and optical fiber manufacturer with strong export focus. Comparable in coaxial, network, and fiber optic cable manufacturing for international broadband and CATV markets.

Broad incumbents

• Nexans SA: European-headquartered global cable manufacturer with significant telecom and data cable operations serving operators and data centers. Comparable in copper data cable and broadband infrastructure products where Shengyang also competes.
• CommScope Holding Company: Global leader in structured cabling, coaxial cable, and broadband network infrastructure. Directly comparable because CommScope serves the same enterprise, data center, and CATV/broadband installer base with similar RG6, CAT6/CAT6A, and fiber product families that Shengyang manufactures.
• Prysmian Group: World's largest cable manufacturer with deep presence in telecom, energy, and fiber optic cables. Comparable in fiber optic cable and power/communications cable categories, though Prysmian's scale and energy-cable focus make it a broader incumbent.

Regional players

• Dish Network / EchoStar (DTH equipment ecosystem): Major US DTH operator and equipment ecosystem player. Comparable through the satellite/LNB supply chain that Shengyang's Inverto subsidiary serves; EchoStar represents the operator-side counterpart to Shengyang's terminal equipment business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/zhejiang-shengyang-science-and-technology-co-ltd

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Zhejiang Shengyang Science & Technology