Jiangsu Shangshang Cable Group Co.

What Jiangsu Shangshang Cable Group Co. does

Jiangsu Shangshang Cable Group Co., Ltd. is a privately held Chinese manufacturer of wire and cable products, founded in 1967 and headquartered in Liyang City, Jiangsu Province. The company operates a comprehensive cable portfolio spanning voltages from 220V to 500kV, organized into seven major product lines: renewable energy (wind, photovoltaic, nuclear cables including the self-developed third-generation AP1000 nuclear cable); power transmission and distribution (low, medium, and extra-high voltage power cables, aerial insulated, concentric bonding, pilot, and bare conductors); transportation (railway rolling stock, rail transit, airport lighting); mining (underground, opencast, tunneling); building and construction (building wires, fire resistant, flame retardant, 70-year life, prefabricated branched, aluminium alloy); industrial manufacturing (VFD, high temperature, control, instrument, thermocouple, rubber flexible, electronic hook-up, EV charging pile, new energy automotive); and shipbuilding/offshore/port machinery (marine, oil rig, port crane cables). Core insulation materials include XLPE, PVC, EPR, and silicone rubber, with products certified to IEC, EN 50264, GB/T, AS/NZS, and BS standards.

The company serves a diversified base of large enterprise and government customers, primarily through direct field sales with dedicated project teams that handle bidding, technical consultation, cable selection, and after-sales installation guidance. Notable clients span State Grid and power generation operators (Three Gorges, 14+ nuclear plants including Hualong One), major airports (Beijing Daxing, Beijing Capital, Guangzhou Baiyun, Shanghai Pudong), landmark infrastructure (Hong Kong-Zhuhai-Macao Bridge, National Center for the Performing Arts, World Expo Shanghai), mining majors (Huainan, Shenhua), shipbuilders and offshore operators (COSCO, Jiangnan Shipyard, Sinopec Shengli oil rigs), and new energy vehicle manufacturers (BYD, BAIC New Energy, King Long, CRRC Bus). Pricing is quote-based with no public list pricing, and contracts are typically multi-year enterprise arrangements. Self-reported scale is 15 billion RMB in sales for 2017 (the 50th anniversary year), nearly 4,000 employees, and the company's own claim of being the largest single cable manufacturing enterprise in the world and operator of Asia's largest special cable production base. The business is family-controlled under Chairman Ding Shanhua, with his son Ding Zhihong serving as Group General Manager, and has no disclosed external institutional investment.

Name

Jiangsu Shangshang Cable Group Co.

Legal name

Jiangsu Shangshang Cable Group Co., Ltd.

Website

https://shangshanggroup.net

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Jiangsu Shangshang Cable Group is a privately held Chinese manufacturer of power and specialty cables spanning 220V to 500kV, serving power grid, renewable energy, transportation, mining, building construction, EV, and shipbuilding sectors through direct enterprise sales.

Ownership category

akta.pro rank

Product category

Wire and Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Other Communication and Energy Wire Manufacturing (335929), Electrical Equipment Manufacturing (33531)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620)

akta.pro industry

PRIMARYIMAGAEAC

Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable)

Industrials, Manufacturing & Construction/Electrical Equipment & Industrial Electronics/Electrical Distribution & Wiring Devices (Panels, Breakers, Cables, Connectors)

SECONDARYIMADAMAB

Industrial Power Cable (MV/HV)

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

SECONDARYIMADAMAG

Utility & Underground Distribution Cable (URD/Substation)

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

SECONDARYIMADAMAH

Overhead Conductors & Transmission Cable

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

SECONDARYIMADAMAA

Building Wire & Cable (Residential/Commercial)

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

Keywords

• Power cable manufacturing
• Nuclear power cables
• Renewable energy cables
• Industrial wire products
• Specialty electrical cables

Headquarters

HQ city

Changzhou

HQ country

China

HQ region

Asia

Offices1 record

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. Wire and cable product sales: The primary revenue stream is from manufacturing and selling a comprehensive range of wire and cable products including power transmission cables, renewable energy cables, transportation cables, mining cables, building construction cables, industrial manufacturing cables, and marine/offshore cables. Revenue has grown from less than 1 billion RMB in 2001 to 10 billion RMB in 2011 to approximately 15 billion RMB in 2017. New energy workshop expected to add 1 billion yuan in production capacity upon full operation.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Jiangsu Shangshang Cable Group manufactures and sells a comprehensive portfolio of wire and cable products spanning the full voltage range from 220V to 500kV, organized across renewable energy, power transmission and distribution, transportation, mining, building and construction, industrial manufacturing, and shipbuilding/offshore/port machinery applications. Its proprietary offerings include third-generation AP1000 nuclear power cables, new energy vehicle high-voltage flexible cables, and a full suite of XLPE-, PVC-, EPR-, and silicone rubber-insulated specialty cables supplied to national infrastructure projects and industrial enterprise customers.

Product overview

Jiangsu Shangshang Cable Group Co. is a comprehensive cable manufacturer offering a broad portfolio of wire and cable products spanning seven major application categories. The product lineup is organized around core cable manufacturing capabilities across: (1) Renewable Energy — including Wind Energy Cable, Photovoltaic Cable, and Nuclear Cable (notably the self-developed third-generation AP1000 nuclear power cable filling a global gap); (2) Power Transmission and Distribution — covering the full voltage spectrum from Low Voltage Power Cable (0.6/1kV), Medium Voltage Power Cable, Aerial Insulated Cable, Power Concentric Bonding Cable, Pilot Cable, Bare Conductor, through to Extra High Voltage Power Cable (up to 500,000V); (3) Transportation — Railway Rolling Stock Cable (up to 26/45kV, EN 50264 compliant), Rail Transit Cables, and Airport Lighting Cable; (4) Mining — Underground Mining Cable (MA certified), Opencast Mining Cable, and Tunneling Cable; (5) Building & Construction — Building Wires (up to 450/750V), Prefabricated Branched Cable, Aluminium Alloy (8030) Cable, Fire Resistant Cable, Flame Retardant Cable, and 70-Year Life Building Cable; (6) Industrial Manufacturing — VFD Cable (PVC/XLPE/EPR insulated, 0.6/1kV to 26/35kV), High Temperature Cable, Control Cable (PVC/XLPE, 450/750V), Instrument Cable, Thermocouple Cable, Rubber Flexible Cable, Electronic Hook Up Wire, Electric Vehicles Charging Pile Cable (AC up to 450/750V, DC up to 1000V, CQC and DEKRA certified), and New Energy Automotive Cable (silicone rubber, CQC and DEKRA certified); and (7) Shipbuilding, Offshore and Port Machinery — Marine Cable, Oil Rig Cable (Offshore Cable), and Port Crane Cable. The company operates as a single unified manufacturing enterprise producing both standardized commodity cables and highly specialized, application-specific cables for national flagship projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Wind Energy Cable Specialized cable designed for wind energy generation applications, used in wind farm power collection and transmission systems.
• Photovoltaic Cable Cable designed for solar photovoltaic energy systems, used in photovoltaic power generation installations.
• Nuclear Cable Specialized cable for nuclear power plant applications, including second-generation, second-and-a-half-generation, and third-generation AP1000 nuclear power cable that fills a world gap.
• Low Voltage Power Cable Power cables with rated voltage up to 1kV, including PVC insulated and XLPE insulated variants, for power transmission and distribution applications.
• Medium Voltage Power Cable Power cables rated from 1kV to 36kV for medium-voltage power distribution networks in urban and industrial settings.
• Extra High Voltage Power Cable Extra high voltage power cables from 220V to 500,000V for long-distance power transmission and major infrastructure projects.
• Power Concentric Bonding Cable Concentric bonding cable for power transmission applications, used in electrical distribution systems.
• Pilot Cable Pilot cable for control and signaling applications in power transmission and distribution systems.
• Aerial Insulated Cable Medium voltage aerial insulated cable for overhead power distribution, designed for urban and wooded areas, available in single-core and three-core configurations.
• Bare Conductor Bare conductor for overhead power transmission lines without insulation.
• Railway Rolling Stock Cable Specialized cable for railway rolling stock including high-speed trains, bullet trains, and light rail, rated from 300/500V up to 26/45kV, compliant with EN 50264 standards.
• Rail Transit Cables Cables designed for rail transit systems including metros and light rail for power and signal transmission.
• Airport Lighting Cable Cable for airport lighting systems including runway and taxiway lighting at major airports.
• Underground Mining Cable Power cables for underground mining applications with rated voltage up to 1.8/3kV (PVC insulated) or 8.7/10kV (XLPE insulated), with MA certification.
• Opencast Mining Cable Power cables designed for opencast surface mining operations.
• Tunneling Cable Cables designed for tunnel construction and tunneling operations.
• Building Wires PVC insulated wires and cables with rated voltage up to 450/750V for residential, commercial, and industrial building wiring applications.
• Prefabricated Branched Cable Prefabricated branched cable for building construction, enabling pre-assembled cable branch connections.
• Aluminium Alloy (8030) Cable Aluminium alloy 8030 cable for building construction, providing lightweight and cost-effective power distribution.
• Fire Resistant (Fire Proof) Cable Fire resistant cable designed to maintain circuit integrity during fire conditions for critical building systems.
• Flame Retardant Cable Flame retardant cable that prevents flame spread, used in building construction for enhanced fire safety.
• 70-Year Life Building Cable Long-life building cable with 70-year service life designed for permanent building installations.
• VFD Cable Variable Frequency Drive cable for power transmission from VFDs to AC motors, available in PVC, XLPE, and EPR insulated variants, rated from 0.6/1kV to 26/35kV, with shielding options for anti-electromagnetic interference.
• High Temperature Cable High temperature cable designed for industrial environments with elevated operating temperatures.
• Control Cable Control cable for control and signal systems in industrial and mining applications, available in PVC or XLPE insulated variants, rated at 450/750V.
• Instrument Cable Instrument cable for instrumentation and measurement systems in industrial environments.
• Thermocouple Cable Thermocouple cable for temperature measurement and sensor connections in industrial applications.
• Rubber Flexible Cable Flexible rubber cable for general-purpose applications requiring flexibility and durability.
• Electronic Hook Up Wire Electronic hook-up wire for internal wiring of electronic equipment and devices, UL certified.
• Electric Vehicles Charging Pile Cable AC and DC charging cable for electric vehicle charging stations, rated up to 450/750V (AC) and 1000V (DC), certified by CQC and DEKRA.
• New Energy Automotive Cable Silicone rubber high-voltage flexible cable for new energy electric vehicles, connecting battery, motor, and electronic control systems, with joint CQC and DEKRA certification.
• Marine Cable Marine cable for shipbuilding applications, designed for marine environments with resistance to moisture and harsh conditions.
• Oil Rig Cable (Offshore Cable) Offshore cable for oil rigs and offshore platforms, designed for demanding marine and offshore environments.
• Port Crane Cable Cable designed for port crane applications, used in port machinery and cargo handling equipment.
• Aerial Bundled Cable (ABC) Aerial bundled cable rated at 600/1000V for overhead power distribution and service drop applications.

Quantifiable outcome

• Revenue grew from less than 1 billion RMB in 2001 to 10 billion RMB in 2011, reaching 15 billion RMB in 2017 (50th anniversary)
• +4 more outcomes

Named customers24 records

Segments8 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• LS Cable & System: South Korea's largest cable maker, strong in power, submarine, and EV cables with global customers. Comparable in MV/HV, nuclear, and EV cable, and a credible competitor in Asia and Belt & Road.
• Sumitomo Electric Industries: Japanese diversified wire and cable manufacturer with strong power, automotive, and electronics cable businesses. Overlaps with Shangshang in automotive/EV wiring, specialty industrial cable, and HV power cable.
• Nexans: Major global cable manufacturer across power transmission, energy, telecom, and building. Comparable in MV/HV power cable and offshore/submarine exposure; competes with Shangshang in renewables and industrial cable.
• Prysmian Group: World's largest cable manufacturer, offering power, submarine, telecom, and specialty cables globally. Directly comparable to Shangshang across MV/HV power cable, nuclear, and renewables, but with a much larger global footprint.
• Furukawa Electric: Japanese manufacturer of power, telecommunications, and specialty cables with strong offshore/automotive exposure. Comparable in MV power, marine, and industrial cable.

Direct peers

• Far East Cable (Far East Holdings): Major Chinese power cable manufacturer serving utilities, renewables, rail, and construction. Direct competitor across LV/MV/HV power cable with similar SOE and infrastructure customer base.
• ZTT Group: Chinese cable and optical fiber producer competing in power cable, submarine cable, renewable energy, and communications. Comparable product mix, customer base, and export profile.
• Hengtong Optic-Electric: One of China's largest cable and fiber optic manufacturers, with strong power cable, marine cable, and overseas project presence. Closest direct Chinese peer in scale, vertical coverage, and international ambition.
• Leoni AG: European specialist in wires, cables, and wiring systems, particularly for automotive and industrial applications. Comparable in EV/wiring harness and industrial specialty cable categories.
• Wanma Cable: Chinese cable manufacturer focused on power transmission, communication, and specialty cables, competing in similar infrastructure and industrial end-markets as Shangshang.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/jiangsu-shangshang-cable-group-co.-ltd.

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Jiangsu Shangshang Cable Group Co.