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Yangzhou, China – Listed on the Shanghai Stock Exchange in August 2004 (Stock Code: 600973), Baosheng Science and Technology Innovation Co., Ltd. is a large state-owned holding cable enterprise affiliated with Aviation Industry Corporation of China. Ranking among the world’s top 10 most competitive cable manufacturers, the company achieved a core business revenue of RMB 41.4 billion in 2022, maintaining a long-term leading position in the global wire and cable industry. Driven by continuous technological innovation, Baosheng has built a complete three-level innovation system consisting of a technical committee, a professional technology center and a product R&D department. It operates a full range of national and provincial R&D platforms, including a State-recognized Enterprise Technology Center, Postdoctoral Research Station, National High-Voltage Power Cable Engineering Center and key laboratories for special cable materials. Focusing on aerospace, nuclear power, marine engineering, rail transit, new energy and superconductivity sectors, the company specializes in the R&D and engineering services of high-performance Power cable, professional electrical equipment cable and high-stability communication and network cable series. It has participated in drafting 87 national and industrial standards and holds 248 core patented technologies. Its advanced technologies in long-length mineral insulated cables, low-temperature superconductivity, AP1000 nuclear power plant cables and aviation EWIS cables remain leading in China. Baosheng delivers diversified, serialized and systematic cable product portfolios, covering more than 1,000 categories, over 100,000 models and nearly 10 million specifications. Its product voltage ranges from low, medium and high voltage to ultra-high voltage, fully covering all application scenarios. Beyond standardized Power cable, electrical equipment cable and communication and network cable products, the company provides integrated solutions including project design, manufacturing, installation, operation and maintenance, as well as EPC general contracting services for electrical engineering, intelligent equipment and photovoltaic power station projects. Its subsidiary AVIC Baosheng Marine Engineering Cable possesses a 201.68-meter vertical tower production line, a 180,000-square-meter marine cable workshop and a 50,000-ton terminal. Equipped with international advanced intelligent manufacturing and testing systems, it develops customized submarine cables, optical composite cables and umbilical cables, supporting systematic marine engineering solutions. With a nationwide layout of 8 major regions, 61 marketing branches and 10+ subsidiaries, Baosheng has formed a multi-dimensional global sales network. Supported by the Belt and Road Initiative, its products cover all regions of China and are exported to over 40 countries across Southeast Asia, the Middle East, Europe, Australia and South America. Widely applied in landmark projects including the National Stadium, Daxing Airport, Three Gorges Project and multiple nuclear power plants, as well as aerospace, marine engineering and high-speed rail fields, Baosheng’s high-end cables have broken foreign technical monopolies and realized critical domestic substitution. Looking ahead, adhering to the strategic goals of building a “100-billion-yuan group and century-old Baosheng”, the company will further implement the development strategies of internationalization, high-end positioning, specialization, informatization and service upgrading. By strengthening core competitiveness in technology, market, talent, brand and capital, Baosheng will accelerate transformation toward blue-ocean markets, system integration and intelligent manufacturing, striving to become a world-class and industry-leading cable enterprise with global influence.