Baosheng Technology Innovation Leads Global High-End Cable Industry with Full-Spectrum Specialized Cable Solutions

As a core state-owned listed enterprise under Aviation Industry Corporation of China (AVIC), Baosheng Technology Innovation Co., Ltd. (Stock Code: 600973), widely known as Baosheng Co., Ltd., is a top-tier domestic manufacturer and one of the global top 10 competitive enterprises in the wire and cable industry. Listed on the Shanghai Stock Exchange in August 2004, the company achieved a main business revenue of RMB 41.4 billion in 2022, maintaining a leading position in the national cable industry for many consecutive years. Committed to creating continuous value for clients through technological innovation, Baosheng has built a comprehensive industrial ecosystem integrating R&D, intelligent manufacturing, system integration, engineering construction and global sales services.

The company has established a three-level technological innovation system consisting of a technical committee, a central technology institute and a product R&D department. It owns multiple national and provincial-level innovation platforms, including the National Certified Enterprise Technology Center, Postdoctoral Research Station, National High-Voltage Power Cable Engineering Research Center, and Jiangsu Provincial Key Laboratory for Special Cable Materials and Reliability. With 248 industry-leading patents and participation in drafting 87 national and industrial standards, Baosheng masters a batch of domestically pioneering core technologies, covering long-length mineral insulated cable manufacturing, low-temperature superconducting cable, AP1000 nuclear power station cables and aviation cable EWIS design, laying a solid technical foundation for high-end cable localization replacement.

Baosheng boasts a full-coverage product matrix, covering over 1,000 varieties, more than 100,000 models and nearly 10 million specifications of wires, cables, conductors and polymer materials. Its product voltage grades range from low, medium and high voltage to ultra-high voltage, fully covering all application scenarios of the cable industry. The core product lineup includes professionalPower cable, high-stability railway signal cable, multi-scenario electrical equipment cable, fire-resistant and safe mineral insulated cable, high-speed communication and network cable, and cutting-edge superconducting cable, serving high-end fields such as aerospace, nuclear power, offshore engineering, rail transit, intelligent equipment, digital communication and new energy.

With strong system integration capabilities, the company provides one-stop solutions including product design, intelligent manufacturing, engineering installation, operational maintenance and EPC general contracting services for photovoltaic power stations and electrical projects. Its subsidiary AVIC Baosheng Offshore Engineering Cable Co., Ltd. possesses world-class offshore cable production facilities, including a 201.68-meter vertical tower production line, an 180,000-square-meter professional offshore cable workshop and a 50,000-ton terminal. Equipped with advanced intelligent production and testing systems, it delivers systematic customized solutions for submarine cables, submarine optical cables, composite optical and electrical cables, special offshore cables and umbilical cables, supporting global marine engineering construction.

In terms of market layout, Baosheng has built an all-dimensional domestic marketing network, dividing the national market into 8 major regions with 61 regional marketing branches and 6 special project departments. More than ten subsidiaries have been established in Shanghai, Shandong, Guangdong, Sichuan, Ningxia and other regions to realize full industrial chain layout. Globally, relying on the Belt and Road Initiative, the company actively expands overseas markets, with products covering all domestic provinces, municipalities, Hong Kong, Macao and Taiwan regions, and exported to over 40 countries and regions across Southeast Asia, the Middle East, Europe, Australia and South America.

Baosheng’s high-performance cables have been widely applied in numerous national landmark key projects, including the Beijing National Stadium (Bird’s Nest), Beijing Winter Olympics venues, Shanghai World Expo, G20 Hangzhou Summit, Shanghai Tower, Beijing Daxing International Airport, Three Gorges Project, Qinghai-Tibet Railway, Shanghai Maglev Train and multiple nuclear power stations. Its high-end Power cable, reliable railway signal cable, stable electrical equipment cable, fireproof mineral insulated cable, high-speed communication and network cableand innovative superconducting cable have broken the monopoly of foreign brands, realizing independent localization of core special cables for national strategic fields.

Looking ahead, adhering to the group’s strategic goal of building a “100-billion-yuan group and century-old Baosheng”, the company will fully implement the five development strategies of internationalization, high-end positioning, specialization, informatization and service-oriented transformation. By enhancing core competitiveness in technology, market, talent, brand and capital, Baosheng will accelerate transformation towards blue ocean markets, system integration and intelligent manufacturing. Committed to building an innovative, intelligent, valuable, international, dynamic and world-class leading cable enterprise, the company strives to elevate its global influence in the wire and cable industry.