According to statistics from the National Energy Administration, the investment completed in power grid projects in April reached 46.3 billion yuan, up 47% YoY and 5% MoM. From January to April, the total investment completed in power grid projects was 122.9 billion yuan, up 25% YoY. SMM believes that the operating rate of the aluminum wire and cable industry is expected to remain in the doldrums in the short term. The industry is currently undergoing an adjustment phase following the conclusion of the concentrated delivery period in the early stage. Leading enterprises are sustaining production with the support of order resilience, while small and medium-sized enterprises are facing significant pressure.

In the long river of history, wires and cables, as the "blood vessels" of modern industry, have played a pivotal role in driving social progress. Since the dawn of electrification pierced the night of industrial civilization, these strands of wire have been like the pulse of the times, delivering vitality and vigor to the global economy. We are in the grand context of the Fourth Industrial Revolution, where emerging fields such as smart cities, NEVs, and 5G communications are rapidly evolving. As an indispensable infrastructure, the technological innovation and ecosystem construction of wires and cables are particularly urgent. To strengthen the exchange and cooperation among peers in the wire and cable industry and to respond to future industrial changes, enhance the collaborative exchange of the industry chain, mutual understanding, and gain a more in-depth and comprehensive understanding of relevant industry policy directions and market development, SMM has joined hands with Minfeng Cable Group Co., Ltd. to hold the "2025 SMM (3rd) Wire and Cable Industry Development Conference and Wire and Cable Industry Exhibition" on May 22-23, 2025 at the DoubleTree by Hilton Suzhou Wuzhong . The event will delve into the current status and future development trends of the wire and cable industry, promoting cooperation and exchange among related enterprises. We hope that through this conference, the complementary advantages within the industry can be fully utilized to jointly promote the healthy and sustainable development of the wire and cable industry. The conference will feature a series of high-quality forums and exhibitions, not only fostering deep cooperation between upstream and downstream of the industry chain but also aiming to drive continuous progress across the entire industry through technological innovation. We look forward to working hand in hand with our peers to map out the future development blueprint of the industry! Click registration form to register immediately, and we look forward to meeting you at the conference. Booth Number: A3 Minfeng Cable, the People's Choice Minfeng Cable Group Co., Ltd. was established in 2008, covering an area of 69,000 m² with a building area of 36,000 m² and a registered capital of 560 million yuan. It has over 300 employees, more than 30 production lines, and over 100 detection equipment, with an annual production capacity of 2 billion yuan. The company now governs five specialized production companies, over 200 cooperative manufacturers, and has established more than 300 sales companies and authorized dealerships nationwide, forming a large-scale group enterprise that integrates raw material production to finished product sales. The main products include: special cables for subways and light rails, special cables for wind power generation, special control cables for aerospace, energy-saving and environmental protection high-strength and high-conductivity aluminum alloy cables, silicone rubber and fluoroplastic high-temperature resistant special cables, special cables for oil exploration submersible pumps, rubber-sheathed flexible cables, various high and low voltage mining cables, welding machine cables, high and low voltage cross-linked power cables, overhead insulated cables, plastic power cables, prefabricated branch cables, control cables, overhead conductors, special cables for cable TV, computer cables, compensation cables, wiring cables, and various special shielded cables, fire-resistant cables, shield machine cables, tinned copper wires, and various specifications of optical copper wires and polymer materials. Minfeng Cable Group Co., Ltd. took the lead in obtaining ISO9001 International Quality Management System Certification, OHSAS18001 Occupational Health and Safety Management System Certification, ISO14001 Environmental Management System Certification, national CCC mandatory certification, and safety mark certification for mining products. It has been honored as a State Grid Corporation of China network access enterprise, a high-tech enterprise in Hebei province, a specialized, sophisticated, unique, and innovative "little giant" enterprise, an enterprise meeting the standards for work safety standardization, a double-excellence demonstration unit for public satisfaction and quality integrity during the National Quality Month, an AAA-level enterprise in Hebei province that prioritizes quality and keeps promises, a province-wide enterprise with stable quality standards, an AAA-level credit enterprise in enterprise credit evaluation, and many other accolades. The product quality and reputation are underwritten by Ping An Insurance Company of China. Minfeng Cable Group Co., Ltd. adheres to the business philosophy of "building a reputation with integrity, enhancing the team through management, creating a brand with quality, and expanding the market with service." Minfeng Cable Group Co., Ltd. boasts strong technical capabilities, advanced production processes, and comprehensive detection equipment. The quality of its products has consistently maintained a leading position within the industry. The company's series of products have been widely applied in industries such as electric power, subways and light rail, railways, wind power generation, aerospace, steel, petroleum, mining, chemicals, military industry, construction, machinery manufacturing, cement, papermaking, and home appliances. These products are popular in over 30 provinces, municipalities, and autonomous regions across the country, and some are exported to countries and regions such as Southeast Asia and Russia. Contact Information Wang Yiguang 152 9088 7205 Click here to participate immediately 2025 SMM (3rd) Wire and Cable Industry Development Conference SMM Conference Contact Person Chen Xiaolong 180 1708 9983 chenxiaolong@smm.cn

In the long river of history, wires and cables, as the "blood vessels" of modern industry, have played a pivotal role in driving social progress. Since the dawn of electrification pierced the night of industrial civilization, these threads have been like the pulse of the times, delivering vitality and vigor to the global economy. We are in the grand context of the Fourth Industrial Revolution, where emerging fields such as smart cities, NEVs, and 5G communications are rapidly evolving. As an indispensable infrastructure, the technological innovation and ecosystem construction of wires and cables are particularly urgent. To strengthen the exchange and cooperation among peers in the wire and cable industry and to respond to future industrial changes, enhance the collaborative exchange of the industry chain, mutual understanding, and gain a more comprehensive understanding of relevant industry policies and market development, SMM has partnered with Hongliang Cable Co., Ltd. to hold the "2025 SMM (3rd) Wire and Cable Industry Development Conference and Wire and Cable Industry Exhibition" on May 22-23, 2025 at the DoubleTree by Hilton Suzhou Wuzhong . The event will delve into the current status and future development trends of the wire and cable industry, promoting cooperation and exchange among related enterprises. We hope that through this conference, the complementary advantages within the industry can be fully utilized to jointly promote the healthy and sustainable development of the wire and cable industry. The conference will feature a series of high-quality forums and exhibitions, not only fostering in-depth cooperation across the industry chain but also aiming to drive continuous progress in the entire industry through technological innovation. We look forward to working hand in hand with our peers to plan the future development blueprint of the industry! Click registration form to register immediately. We look forward to meeting you at the conference. Booth Number: B20 Copper Rod - Conductor - Cable Material - Cable, a Full Industry Chain Cable Enterprise Hongliang Cable Co., Ltd. was established in 1988 and is located in Ningjin County, Xingtai City, Hebei Province, one of China's four major cable production bases. The company covers an area of 120,000 m² with a building area of 80,000 m², employs 560 people, including 200 technical personnel (80 of whom are senior technical personnel), and has total assets of 500 million yuan. It owns more than 60 advanced production lines, including 6 catenary-type cross-linking production lines, with an annual capacity of 5 billion yuan. The company currently mainly produces power cables with voltage levels of 110 kV and below, PV cables, aluminum alloy cables, and mining cables. As the company continues to grow, it has established its own raw material production company and copper plant. The raw material company covers an area of 66,000 m² and has multiple high-intelligence fully automatic granulation production lines, advanced specialized equipment, and comprehensive detection methods. The copper plant covers 100 mu and currently has 6 sets of up-casting oxygen-free copper rod continuous casting units and 2 sets of 16 mt vertical melting continuous casting and rolling production lines, producing 8mm-17mm up-casting oxygen-free copper rods and 8mm continuous casting and rolling copper rods, with an annual production of 220,000 mt. Hongliang is a qualified supplier to major national units such as State Grid Corporation of China, China Southern Power Grid, Inner Mongolia Electric Power Group, China Railway Construction, China Railway 10th Bureau, and Shandong Expressway. Its products are exported to more than 20 countries and regions worldwide and have obtained certifications such as German TUV and EU CB. "Integrity is the foundation, reputation is gold" is our motto; "Creating high-quality products and striving for customer satisfaction" is our pursuit. Gathering wealth from all directions and making friends from all over the world, Hongliang Cable looks forward to cooperating with you to achieve mutual success! Contact Information Click here to join immediately 2025 SMM (3rd) Wire and Cable Industry Development Conference SMM Conference Contact Person Xiaolong Chen 180 1708 9983 chenxiaolong@smm.cn

According to SMM, the operating rate of copper wire and cable enterprises in March 2025 was 73.6%, up 12.71 percentage points MoM and up 1.72 percentage points YoY, only 2.4 percentage points higher than the expected operating rate. Specifically, the operating rate of large enterprises was 78.64%, medium-sized enterprises was 56.69%, and small enterprises was 42.88% in March.

【SMM Analysis: Operating Rate of Copper Wire and Cable Enterprises Rose in March, Will It Continue Under Pressure in April?】According to SMM, the operating rate of copper wire and cable enterprises in March 2025 was 73.6%, up 12.71 percentage points MoM and 1.72 percentage points YoY, only 2.4 percentage points higher than the expected operating rate. Specifically, the operating rate of large enterprises in March was 78.64%...

According to SMM statistics, the comprehensive operating rate of the domestic aluminum wire and cable industry in January 2025 was 40.85%, down 10.16% MoM and down 8.34% YoY from January 2024, mainly due to the later timing of the Chinese New Year holiday last year, which resulted in enterprises taking leave relatively later. In January, the operating rate of large enterprises dropped 11.64% MoM to 47.56%, that of medium-sized enterprises fell 10.14% MoM to 39.31%, and that of small enterprises decreased 11.02% MoM to 16.10%.