Fujian Nanping Sun Cable

What Fujian Nanping Sun Cable does

Fujian Nanping Sun Cable Co., Ltd. (福建南平太阳电缆股份有限公司) is a Chinese wire and cable manufacturer founded in 1958 and listed on the Shenzhen Stock Exchange (stock code: 002300) since October 2009. The company operates six production bases across China—in Nanping (headquarters plus Factory 1 and 2 in Yanping New District), Shanghang (copper rod), Baotou (Inner Mongolia), Longyan, and Dongshan (submarine cable)—and offers a portfolio of more than 1,000 models and 25,000 specifications spanning power cables (including 220KV and 500KV ultra-high voltage), XLPE and PVC insulated cables, aluminum alloy conductors, marine cables, mining cables, photovoltaic cables, fire-resistant mineral-insulated and halogen-free low-smoke cables, control cables, and building wires. Notable technical capabilities include the Asia-first 168-meter cable vertical manufacturing tower with German CT scanning inspection, TUV-certified photovoltaic cables rated -40°C to 120°C, and marine cables certified by classification societies of seven countries.

The company generates revenue primarily through B2B industrial cable sales, with pricing determined by specification, order volume, and raw material costs (notably copper) rather than public list pricing. The go-to-market is dual-channel: 138 out-of-province distributors operating on a direct-plus-reseller model, and 137 in-province specialty stores under a direct-plus-specialty model. A dedicated Power Business Department established in 2018 pursues direct enterprise contracts with State Grid and Southern Power Grid. Customer verticals include power utilities, construction and real estate (including home decoration wire), transportation infrastructure (metros and major bridges), marine/shipbuilding, mining, and new energy. Beyond cable manufacturing, Sun Cable operates the Shanghang Sun Copper subsidiary for upstream 220,000-ton copper rod production, and in 2020 signed an agreement with State Grid Fujian for a 10 MW distributed photovoltaic generation project at the Nanping headquarters.

Revenue streams comprise hardware sales of wire and cable products, upstream copper rod material sales, and managed-services revenue from the distributed PV project (priority self-consumption with grid feed-in). The company holds a "Sun" (太阳) brand classified as a Chinese famous trademark with brand value assessed at 6.78 billion yuan in the 2019 China Brand Value Evaluation, ranked #12 in the electrical category. Digital transformation is centered on a 5G-enabled smart factory built in 2021 with Nanping Mobile and an Ecode-based quality traceability system launched in 2022, both aimed at industrial-process automation and anti-counterfeiting rather than disclosed AI/ML applications.

Name

Fujian Nanping Sun Cable

Legal name

福建南平太阳电缆股份有限公司

Website

https://npcable.com

Company type

Public

Founded year

1958

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Fujian Nanping Sun Cable is a Chinese wire and cable manufacturer founded in 1958 and listed on the Shenzhen Stock Exchange (stock code: 002300), operating six production bases across China and producing power, marine, mining, photovoltaic, and fire-resistant cables for utility, construction, transportation, and new-energy customers.

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 primary industry

Data, Communications & Fiber Optic Cable (IMADAMAD)

Keywords

• Wire and cable manufacturing
• Power cable production
• Specialty cable products
• Marine cable manufacturing
• High voltage cables

Headquarters

HQ city

Jianyang

HQ country

China

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. 电线电缆产品制造与销售: 专业从事电线电缆研究、制造六十多年，产品涵盖电力电缆、特种电缆、建筑用线等多个品类，通过直销+经销、直销+专卖模式销售。
2. 铜杆材料（上游延伸）: 控股子公司太阳铜业年产22万吨连铸连轧铜杆生产项目竣工投产，向上游产业链延伸。
3. 分布式光伏发电: 与国网福建综合能源服务有限公司合作建设10兆瓦分布式光伏发电项目，并网发电后年平均发电量约1000万千瓦时，优先自用，剩余并入电网。

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Fujian Nanping Sun Cable (Sun Cable) is a Chinese wire and cable manufacturer established in 1958 and listed on the Shenzhen Stock Exchange (stock code: 002300) since 2009. The company designs, manufactures, and sells a comprehensive portfolio of over 1,000 models and 25,000+ specifications covering power cables (PVC and XLPE insulated, 220KV high-voltage), specialty cables (marine, mining, photovoltaic, overhead insulated), fire-resistant and halogen-free cables, control cables, computer cables, and building wires. It operates six production bases across China covering the full value chain from upstream copper rod production (220,000 tons/year) to finished cable manufacturing, supplying national grid operators, transit infrastructure projects, shipyards, solar developers, mining companies, and real estate developers.

Product overview

Fujian Nanping Sun Cable (福建南平太阳电缆股份有限公司) is a leading wire and cable manufacturer established in 1958, listed on the Shenzhen Stock Exchange (stock code: 002300) in 2009. The company operates six production bases across China and offers a comprehensive portfolio of cable products including power cables (PVC insulated, cross-linked polyethylene insulated, 220KV high-voltage), specialty cables (marine, mining, photovoltaic, overhead insulated), fire-resistant cables (mineral insulated, halogen-free low-smoke flame-retardant), control cables, computer cables, and building wires. The product portfolio spans over 1,000 models and 25,000 specifications, serving national key engineering projects domestically and internationally. The company also implements digital transformation through 5G-enabled smart manufacturing and Ecode-based quality traceability systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Aluminum Alloy Cross-linked Polyethylene Insulated Power Cable (铝合金导体交联聚乙烯绝缘电力电缆) Aluminum alloy XLPE insulated power cable for power transmission and distribution applications, serving utility and industrial grid customers.
• Mining Rubber-sheathed Flexible Cable (矿用橡套软电缆) Mining rubber-sheathed flexible cable designed for underground mining operations, supplied as a primary vendor to Chongqing Energy Group.
• Control Cable (控制电缆) Control cable for industrial automation and control system applications, serving industrial and infrastructure customers.
• Polyvinyl Chloride Insulated Wire (聚氯乙烯绝缘电线) PVC insulated wire for building electrical installations, sold via 137 authorized Sun Cable specialty stores within Fujian Province.
• Polyvinyl Chloride Insulated Power Cable (聚氯乙烯绝缘电力电缆) PVC insulated power cable for fixed power transmission installations across residential, commercial, and industrial projects.
• Cross-linked Polyethylene Insulated Power Cable (交联聚乙烯绝缘电力电缆) Cross-linked polyethylene insulated power cable for fixed installations in AC 50Hz rated voltage systems up to 35KV.
• Overhead Insulated Cable (架空绝缘电缆)

Quantifiable outcome

• 建筑用线智能化技改实现人均生产效率提高50%
• +5 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature5 records

Scale indicators12 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• TBEA (特变电工): Major Chinese manufacturer of power transmission equipment including transformers, cables, and renewable energy systems. Comparable to Sun Cable as a power-sector equipment manufacturer with presence in cable and broader electrical infrastructure, though with a much broader product portfolio.
• Nexans: French global cable manufacturer serving power, telecommunications, and industrial markets. Comparable to Sun Cable's product portfolio across power, marine, and specialty cables, but operates at much greater scale globally.
• Prysmian Group: Global leader in the cables industry for energy and telecommunications, operating across power transmission, submarine, and specialty cables. Comparable to Sun Cable as a broad incumbent in the cable manufacturing space, though much larger and more globally diversified.
• Sumitomo Electric Industries: Japanese global manufacturer of electric wire and cable, including power cables, communication cables, and specialty wires. Comparable to Sun Cable's broad product range and international certifications, though with significantly more global reach.

Direct peers

• Qingdao Hanhe Cable (青岛汉缆股份): Chinese listed cable manufacturer producing high-voltage power cables, marine cables, and specialty cables. Comparable to Sun Cable in product portfolio, particularly in HV power and marine cable segments.
• Far East Cable (远东电缆): Far East Cable is one of China's largest wire and cable manufacturers with a broad product portfolio across power, communication, and specialty cables. Direct competitor to Sun Cable across power transmission cables, building wires, and electrical equipment segments in the Chinese market.
• Baosheng Science and Technology Innovation (宝胜科技): Listed Chinese cable manufacturer under Avic Group, producing power cables, communication cables, and specialty cables including marine and railway cables. Comparable to Sun Cable in product breadth and customer base across national infrastructure projects.
• Jiangsu Shangshang Cable (江苏上上电缆): Specialty cable manufacturer in China known for high-end products including nuclear-grade cables, rail transit cables, and photovoltaic cables. Comparable to Sun Cable's specialty cable strategy and high-end product positioning.
• Hengtong Optic-Electric (亨通光电): Major Chinese manufacturer of optical fiber, power cable, and communication cable. Comparable to Sun Cable as a vertically integrated cable and wire manufacturer serving both power and communications infrastructure markets.

Regional players

• Tianjin Suli Cable (天津塑力电缆): Chinese cable manufacturer based in northern China producing power and specialty cables. Comparable as a regional cable peer with similar product scope, though Sun Cable's geographic base is in southeastern China.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fujian-nanping-sun-cable-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 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 Fujian Nanping Sun Cable