Wire and cable companies need to strengthen the industrial chain construction

At present, the development of the industry chain of the domestic power cable industry is relatively perfect, but for a single enterprise, the construction of the industrial chain is very lacking, which affects the improvement and development of the enterprise competitiveness to a certain extent. Therefore, strengthening the industrial chain construction is one of the directions for future business development.

In the medium and low-voltage power cable products, due to the development of the market, the demand for medium- and low-voltage power cable products will gradually decrease in the future. Therefore, companies should gradually reduce investment in medium- and low-voltage power cable products through mergers and acquisitions or joint production. By increasing the production scale of medium- and low-voltage power cable products, we will be able to expand the market and reduce investment in low- and medium-voltage power cables.

In the future, the market will rapidly increase the demand for high-voltage and ultra-high voltage power cable products. Therefore, companies should strengthen the research and development of high-voltage and ultra-high-voltage technology, increase the overall value-added of power cable products, and create their own through diversification and differentiated production. The advantages to adapt to the needs of the future market.

When the power cable companies invest in the region, they must first understand the development of the power cable industry in different regions, such as the supply and demand of different regions. Second, we need to understand relevant policies in different regions, such as taxation and environmental protection, so as to avoid conflicts with policies.

From the current point of view, the eastern region is still an important production and consumption area for the domestic power cable industry. The overall industrial chain construction of the industry is relatively complete. In the future, regional environmental protection and middle and high-end development will gradually take place. Therefore, when investing in the eastern region, To strengthen the construction and improvement of technology and brand, so as to better meet the needs of the market.

As for the central and western regions, the market potential is still huge. Due to the rapid development of the western region, Xinjiang, Chengdu-Chongqing economic zone and other regional economies, the demand for power cable products has maintained rapid growth. This has also brought investment to these regions. A certain chance.