Zhejiang Wanma

Name

Zhejiang Wanma

Legal name

浙江万马股份有限公司

Website

https://wanma-cable.cn

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Zhejiang Wanma is a Hangzhou-headquartered, SZSE-listed Chinese industrial group manufacturing wire and cable products, polymer cable materials (as China's largest cable material producer), and EV charging infrastructure for utilities, rail, renewables, robotics, and NEV charging operators across domestic and Belt and Road markets.

Ownership category

akta.pro rank

Product category

Wire and Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Electrical Equipment Manufacturing (3353)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro industry

PRIMARYIMADAMAG

Utility & Underground Distribution Cable (URD/Substation)

Industrials, Manufacturing & Construction/Building Materials & Products/Electrical Wiring, Conduit & Cable Products

SECONDARYIMACAOAF

Charging Systems & Swappable Battery Infrastructure Manufacturing

Industrials, Manufacturing & Construction/Automotive & Mobility Manufacturing/Micromobility & Light Electric Mobility Manufacturing (E-bikes/E-scooters/NEVs)

Keywords

• Wire and cable manufacturing
• Polymer cable materials
• EV charging infrastructure
• Specialty industrial cables
• High-voltage cable systems

Headquarters

HQ city

Hangzhou

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, Infrastructure

Revenue model

1. Cable Manufacturing and Sales: Wanma manufactures and sells a comprehensive range of wire and cable products including power cables, specialty cables, robot cables, and transmission cables under multiple brand divisions (Wanma Cable, Wanma Tianyi, Wanma Zhuanlan, Wanma Telan, Wanma Chanshu). Revenue is generated through one-time product sales to enterprise, industrial, and infrastructure customers.
2. Polymer Materials (Wanma Gaofenzi/Wanma Polymer): Wanma Polymer is described as the largest domestic cable material manufacturer in China, producing polymer materials used in cable insulation, shielding, and jacketing. Revenue is generated through sales of formulated polymer compounds and specialty materials to cable manufacturers.
3. EV Charging Infrastructure and Services: Wanma New Energy provides intelligent EV charging station hardware and operational services. The company is recognized as an intelligent charging pile leading brand, offering one-stop charging station solutions including hardware provision and operational maintenance services.
4. Robot Specialty Cables: Specialized cable products designed for humanoid robots and advanced manufacturing applications, sold as finished cable products to robotics and automation manufacturers.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Zhejiang Wanma manufactures and sells wire and cable products (power cables, specialty cables, robot cables, transmission cables) and polymer cable materials through its New Smart Manufacturing and New Materials segments. The company also provides one-stop EV charging station (pile) hardware and operational services through its New Energy segment. It serves utilities, railway operators, photovoltaic installers, robotics manufacturers, and NEV charging operators primarily in China with select Central Asian reach.

Differentiator

Problem solved

Functional benefit

Brands

• 万马电缆 (Wanma Cable): Wire and cable manufacturing — branded as one of the top ten influential brands in China's wire and cable industry.
• 万马天屹 (Wanma Tianyi)
• 万马专缆 (Wanma Zhuanlan)
• 万马特缆 (Wanma Telan)
• 万马传输 (Wanma Transmission)
• 万马高分子 (Wanma Gaofenzi / Wanma Polymer)
• 以田科技 (Yitian Technology)
• 万马新能源 (Wanma New Energy)

Products and services

• Power Cables (Wanma Cable / 万马电缆) Comprehensive wire and cable products under the New Smart Manufacturing segment, branded as one of China's Top 10 Most Influential Brands in the wire and cable industry. Sold to utilities, industrial infrastructure, railway, photovoltaic, and outdoor electrical installation customers.
• Robot Specialty Cables (Wanma Telan / 万马特缆) Specialized cable products designed for humanoid robots and advanced manufacturing applications requiring miniaturized, high-flexibility, high-reliability cables capable of withstanding repeated motion cycles. Sold to robotics manufacturers, automation system integrators, and aerospace companies.
• Specialty Cables (Wanma Zhuanlan / 万马专缆) Specialized cable solutions under the New Smart Manufacturing segment. Sold to industrial customers requiring tailored cable configurations.
• Cable Products (Wanma Tianyi / 万马天屹) Wire and cable products under the New Smart Manufacturing segment, serving the domestic Chinese market.
• Transmission Products (Wanma Transmission / 万马传输) Transmission cable and related products under the New Smart Manufacturing segment.
• Polymer Cable Materials (Wanma Gaofenzi / Wanma Polymer / 万马高分子) Polymer materials used in cable insulation, shielding, and jacketing, described as the largest domestic cable material manufacturing enterprise in China. Sold to cable manufacturers as formulated polymer compounds and specialty materials.
• New Materials Technology (Yitian Technology / 以田科技) New materials research and production offering under the New Materials segment.
• EV Charging Station Solutions (Wanma New Energy / 万马新能源) One-stop EV charging station (pile) solutions integrating hardware and operational services for new energy vehicle charging infrastructure, positioned as an intelligent charging pile leading brand. Includes AC/DC chargers, fast charging hardware, and operational/maintenance services.

Quantifiable outcome

• 220kV high-voltage thermoplastic polypropylene cable system developed and passed all型式试验 (type tests) — a national first in China

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Wanma Eurasia International Co., Ltd. (万马欧亚国际有限公司)coreStrategic or Co-development Partner · 17 May 2026Wanma Eurasia International Co., Ltd. was established and officially opened in Almaty, Kazakhstan on May 15, 2026. The subsidiary marks a critical step in Wanma's global market strategy and represents the company's expansion into Central Asian markets aligned with the Belt and Road Initiative. This is a wholly-owned or majority-controlled overseas entity rather than a third-party partnership.

Scale indicators3 records

Direct peers

• TBEA (Xinjiang Tebian Electric): Leading Chinese electrical equipment manufacturer with significant cable and transformer operations serving power transmission and renewable energy infrastructure. Comparable scale and customer base in utility-grade electrical products.
• TELD (Qingdao Teld New Energy): China's largest EV charging network operator, offering charging hardware, software, and operations services. Direct competitor to Wanma New Energy in the intelligent EV charging segment.
• Star Charge (Wanbang New Energy): One of China's top EV charging operators with nationwide network coverage and proprietary charging hardware. Competes directly with Wanma New Energy across both charging equipment sales and operating services.
• Baosheng Science & Technology Innovation: Chinese cable manufacturer specializing in power cables, communication cables, and specialty cables for aerospace, rail transit, and shipbuilding. Direct competitor in specialty and infrastructure cable markets.
• Qingdao Hanhe Cable: Chinese cable manufacturer focused on high-voltage power cables, submarine cables, and specialty cables. Comparable product portfolio in high-voltage and utility-grade cable segments where Wanma also operates.
• Zhongtian Technology (Jiangsu Zhongtian Technology): Major Chinese manufacturer of power cables, specialty cables, and optical communication cables with strong positions in grid, railway, and renewable energy infrastructure. Closely comparable customer segments and product mix to Zhejiang Wanma.
• Far East Smarter Energy (Far East Cable): Large Chinese cable manufacturer producing power cables, specialty cables, and smart energy solutions including EV charging. Competes directly with Wanma across the cable and EV charging value chain.
• Hengtong Optic-Electric: One of China's largest wire and cable manufacturers with overlapping product lines in power cables, communication cables, and fiber optics, plus a growing EV charging and renewable energy business. Direct competitor in the Chinese cable market with similar diversification strategy.

Emerging players

• Wanxiang Group (Wanxiang EV Charging): Diversified Chinese industrial conglomerate with EV charging and battery operations. Less specialized than Wanma New Energy but competes for similar enterprise EV charging opportunities.

Regional players

• Ningbo Orient Wires & Cables: Chinese cable manufacturer with strong position in specialty and communication cables. Comparable in scale and product range though with stronger emphasis on telecommunications cables than Wanma.

Market position

Customer concentration

• LinkedInlinkedin.com/company/zhejiang-wanma-cable-co-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Zhejiang Wanma