On January 26, 2018, the "Top Ten News in the Wire and Cable Industry of 2017", which was jointly selected by a number of media, industry experts, and the public, was officially released.

　　 The top ten news selection activities in the wire and cable industry are jointly organized by Southern Cable Network, Cable Network, and China Cable Online in conjunction with China Quality News Network, Cable Navigation, and Electric Power Network. Since 2013, this selection activity has been successfully held for four sessions. The top ten news selected every year have comprehensively counted the hot news of the wire and cable industry that year, and grasped the industry development trend by touching the pulse of the industry. The following are the "Top Ten News of the Wire and Cable Industry in 2017":

　　 1. Jinbei Electric invests and establishes a joint venture company in Indonesia

　　Keywords: One Belt One Road

　　 On January 9, 2017, Jinbei Electric convened the first interim meeting of the Fifth Board of Directors. It reviewed and approved the "Proposal on the Establishment of a Joint Venture Company in Indonesia" and agreed to jointly invest and establish a joint venture company in Indonesia with PTBUKAKATEKNIKUTAMATBK. At present, the new company is preparing for the establishment and payment of capital contributions. At the same time, equipment procurement, process layout, plant renovation, and personnel training will be initiated.

　　 News extension:

In 2017, Jiangsu Zhongtian Technology Co., Ltd. established factories in Indonesia and Morocco, the second phase of the Indian factory started, and the Hong Kong Co., Ltd. officially operated. On April 7, Jiangsu Hengtong Optoelectronics Co., Ltd. announced that the investment and acquisition in 2016 Indonesia PTVokselElectricTbk, its performance in 2017 increased by 26 times year-on-year; in October, students of the 2017 "Belt and Road" National Energy and Power Talents Advanced Seminar of Shanghai Electric Power University came to Zhongtian Technology to visit and exchange...

　　Media Comments:

Under the "One Belt One Road" development strategy, more and more companies are looking at overseas markets. Even if opportunities and risks coexist, they still face difficulties, strive to adapt to the international market environment, accumulate experience, and adopt the "going out" strategy for Lay a foundation based on overseas markets. This not only enables enterprises to appear in the world as a national brand, but also strengthens the position of Chinese enterprises in the international market.

　　 2. Dongfang Cable won the first long-length marine umbilical cable project to break the international monopoly

　　Keywords: high-end manufacturing/international monopoly

On February 16, 2017, Dongfang Cable Co., Ltd. was identified as a candidate for bidding for the “BID SECTION I” project of “Offshore Wenchang 9-2/9-3/10-3 Gas Field Group Development Project”, with a bid amount of nearly 70 million yuan. On August 15, the project held a groundbreaking ceremony at the high-voltage submarine cable factory. The umbilical cable was the first large-length domestically-produced umbilical cable. Dongfang Cable is the only Chinese company that competes with many internationally renowned umbilical cable manufacturers.

　　 News extension:

On July 29, 2017, Zhongtian Technology successfully developed the world's largest transmission capacity, my country's first ±525 kV XLPE insulated flexible DC cable system, which marks that China's ultra-high voltage DC cable technology has reached the international advanced level; On November 10, the world’s first large-length AC 500KV cross-linked polyethylene insulated submarine cable came out in Hengtong high-voltage submarine cable; on December 24, twelve new products including the “linear drive long stator cable” of Far East Cable passed the economy of Jiangsu Province And the Information Committee appraisal...

　　Media Comments:

　　 With the rapid development of domestic science and technology, my country has become the "destroyer" of international monopolies. The design, R&D and manufacturing of wires and cables in my country have reached the international advanced level, which has consolidated the competitiveness of national brands in the cable industry and laid the foundation for entering the international market. With the courage to challenge the pinnacle of the industry and continue to explore and innovate, the future "Made in China" will surely shine on the international stage.

　　3. A project of the 863 program of the spherical cap cable passed the acceptance of the Ministry of Science and Technology

　　Keywords: Politics, Industry, Education and Research

On May 25, 2017, Ningbo Qiuguan Cable Co., Ltd. received the "National High-Tech Development Research Plan (863 Program) Project Acceptance Conclusion" from the Ministry of Science and Technology, marking that Ningbo Qiuguan took the lead and Shanghai Jiaotong University, Shanghai Cable The “Development of Polymer-based Nanocomposite Insulation Materials for UHV DC Cables and Cables and Accessories” jointly undertaken by the Institute, Shanghai Sanyuan and other units passed the acceptance of the Ministry of Science and Technology.

　　 News extension:

On October 26, 2017, the "CAP series nuclear power plant nuclear-grade special cable and cable connector assembly independent development" project led by AVIC Optoelectronics was officially approved; on December 15th, Baosheng shares undertook the scientific and technological support plan" The “New 1500-meter MgB2 high-temperature superconducting material and preparation technology research and development” project passed the acceptance of the expert group; on December 23, Tongding Internet undertook 14 provincial standardization pilot projects including the “Optical Cable High-tech Independent Innovation Standardization Pilot” Pass the assessment...

　　Media Comments:

　　 Examining today's technological innovation system, it should be constructed by three systems: knowledge innovation, technological innovation, and technology-led system and management innovation. The combination of production, education and research must be based on the enterprise, user-centered, and market-oriented. To make the combination of industry, university and research really effective, and to better transform scientific and technological achievements into actual productivity, it is necessary to strengthen the close integration of "government, industry, university, research and application".

　　 4. The State Council notified the investigation and handling of the “problem cable” incident in Xi’an Metro

　　Keywords: quality safety/quality supervision

　　 On June 26, 2017, the State Council issued the "Notice of the General Office of the State Council on the Investigation and Handling of the "Problem Cable" Incident in Xi'an Metro and the Lessons Learned". It was pointed out that the incident exposed problems such as illegal activities in production, procurement, use, and supervision, as well as ineffective performance of duties. Strictly investigate the responsibilities of the relevant government and regulatory departments; the leadership and supervision responsibilities of relevant personnel; the responsibilities of the construction unit, construction unit and project supervision unit and personnel; the responsibilities of Okay and the persons involved in the case.

　　 News extension:

On March 13, 2017, the Internet broke out the article "Do you still dare to sit on Xi'an Metro?" reporting the safety hazards in the cables of Xi’an Metro Line 3; on March 22, Xi’an Metro stated that it would completely replace the problematic cables; on March 23, the quality The General Administration of Supervision, Inspection and Quarantine requested a thorough investigation of the quality problems of Okay cable products and a comprehensive inspection of cable manufacturers; on April 24, the General Administration of Quality Supervision, Inspection and Quarantine issued the "Implementation Plan for Special Inspection of Cable Manufacturers", requiring serious reports from the masses and severe investigations of illegal acts; On May 5, the General Administration of Quality Supervision, Inspection and Quarantine issued a document to vigorously promote third-party inspection and factory supervision...

　　Media Comments:

　　 The “problem cable” incident of Xi’an Metro exposed problems such as misuse and abuse of the lowest-price bid winning method, quality management in vain, and low cost of violations in the field of quality and safety. All industries should learn from it, establish a strong sense of quality first, and strengthen overall quality supervision, so that the general public will have more "quality gains."

　　 5. China Price Co., Ltd. carried out price analysis and early warning work, and coordinated to improve the quality of cable products

　　Keywords: quality supervision/industry self-discipline

On June 26, 2017, the Cable Price Branch of the China Price Association issued the "Working Letter on Resisting Unfair Price Behaviors and Coordinating the Improvement of Cable Product Quality", and decided to take advantage of professional advantages to conduct bidding for wire and cable for key national engineering projects Price analysis and early warning work to provide users with wire and cable price services to help users effectively resist "below cost" and "bidding bidding" bidding, winning bids and other improper price behaviors.

　　 News extension:

On June 24, 2017, the director of the National Development and Reform Commission stated in the joint review and special inquiry meeting of the product quality law enforcement inspection report of the Standing Committee of the National People's Congress that the tenderee should be responsible for the quality of the tendered project for life and increase the punishment for maliciously low-priced bidders. , And included in the blacklist in the field of engineering construction; On July 28, the Ministry of Finance issued Decree No. 87 stating that “If the bidder cannot prove the rationality of the quotation, the bid evaluation committee shall treat it as an invalid bid.” On November 28, Anhui Province Cable Chamber of Commerce and Hua'an Futures hold non-ferrous metal market outlook and price trend seminar...

　　Media Comments:

　　The implementation of industry self-discipline and supervision work is a solid guarantee for maintaining the normal order of the market and promoting the healthy development of the industry. Establishing a price early warning intervention mechanism, speeding up the change of bidding and procurement management models that use price as the decisive factor, and strengthening the supervision of public opinion can promote self-discipline of market entities, achieve social co-governance, and lead the industry market to a "quality" leap. 

　　 6. The 2017 World Optical Fiber and Cable Conference shines in China's Optics Valley

Keywords: International Exchange

　　 On November 2, 2017, the 2017 World Optical Fiber and Cable Conference was held in Wuhan. The conference brought together the world's top manufacturers of preforms, optical fiber cables and communication cable products, and attracted more than 700 experts and business representatives from nearly 30 countries and regions. At the meeting, experts discussed major changes in optical fiber network concepts, product requirements and production capabilities, and in-depth discussions on the latest development trends in the global telecommunications market, as well as the development trend of the optical fiber and cable industry.

　　 News extension:

On April 25, 2017, the 2017 UL and IWCS China Symposium-Cables and Connection Solutions was held in Shanghai; on May 7, the 2017 International Wire and Cable Exhibition was held in Humen, deepening international exchanges between industries; August 29 , The 2017 China Wire and Cable Industry Conference with the theme of "improving quality, strengthening standards and building brands" was held in Shanghai; on October 26, the international professional research organization Integer Research released the 2017 list of the top 100 global wire and cable manufacturers, 34 companies in China Into the list...

　　Media Comments:

　　 The "Thirteenth Five-Year Plan Development Guiding Opinions of China's Wire and Cable Industry" pointed out that international cooperation and international development should be actively promoted from a strategic perspective. At present, the global wire and cable market maintains a good development trend. In the face of new opportunities given by the times, Chinese cable companies continue to improve their advantages, emerge in the international market, and win the right to speak and influence in international exchanges. 

　　7. China Cable Online Big Data successfully docked with Huaneng Group’s electronic bidding data management system

　　Keywords: Big Data/Internet

　　 On November 28, 2017, Huaneng Tendering Co., Ltd. held a project acceptance meeting. The projects of "Cable Bidding Document Preparation Client" and "Cable and Other Material Leading Material Quotation Analysis Software" jointly undertaken by China Cable Online and Anshang Networks successfully passed the acceptance. The project has the characteristics of data management standardization, data browsing visualization, operation automation, and convenient use. As of the acceptance, the project is operating stably and fully meets the planning and design requirements.

　　 News extension:

On February 28, 2017, in order to give full play to the role of credit information and transaction big data in administrative supervision and industry development, the six ministries and commissions issued the "Internet +" Bidding and Procurement Action Plan (2017-2019); October 13 , "Guiding Opinions of the General Office of the State Council on Actively Promoting Supply Chain Innovation and Application" pointed out the creation of a smart supply chain system supported by big data, networked sharing, and intelligent collaboration; on October 18, President Xi Jinping proposed in the report of the 19th National Congress of the Communist Party of China, Promote the deep integration of the Internet, big data, artificial intelligence and the real economy.

　　Media Comments:

　　The effective application of big data is conducive to building a more complete credit evaluation system. Guide professional institutions and industry organizations to promote the coordinated development of big data and traditional industries, and deepen the innovative application of big data in all sectors of the industry, which can strengthen the restraint of industry market players, promote corporate integrity management, enhance regulatory effectiveness, release quality integrity dividends, and guide market health development of. 

　　 8. Prysmian acquired General Cable for USD 3 billion

　　Keywords: mergers and acquisitions

On December 4, 2017, Prysmian Group and General Cable Company announced that the two parties have reached a final merger agreement. Prysmian will acquire General Cable for US$30 per share in cash, with a total transaction value of approximately US$3 billion ( Including debt). Soon after the deal was concluded, Valerio Battista, the CEO of Prysmian, announced that it would also acquire three other medium-sized groups. One of the acquisitions is expected to reach an agreement in the next few months.

　　 News extension:

On March 30, 2017, South Korea LS Cable stated that it would acquire a cable factory in North Carolina from Superior Essex of the United States, with an investment of 24.6 million U.S. dollars; in early July, Nexans stated that it had acquired a The remaining shares of Japan High Voltage Cable Corporation, and Japan High Voltage Cable became a wholly-owned subsidiary of Nexans; On November 20, China Guodian Corporation and Shenhua Group Co., Ltd. reorganized to form the National Energy Investment Group Co., Ltd., and the reorganization of the two major energy central enterprises began The reorganization of domestic coal power central enterprises is a precedent...

　　Media Comments:

　　 Financing mergers and acquisitions between enterprises are conducive to integrating industrial resources, realizing industrial transformation and upgrading, and improving market risk resistance. The global cable industry continues to develop and change, and mergers and acquisitions will be more capable of creating great value. Companies can learn from each other's advantages, enhance product and service portfolios, and new product research and development, which can accelerate profit growth in key areas, expand market positions, and improve competitiveness. 

　　 9. Far East Maimaibao won the title of "2017 China's Top 100 B2B Industries"

　　Keywords: e-commerce platform/informatization

　　 On December 28, 2017, the "Fourth China B2B E-Commerce Conference and Ningbo Industrial Internet Summit Forum" was held in Shangri-La Hotel, Ningbo. Far East Maimaibao Network Technology Co., Ltd., a subsidiary of Far East Smart Energy Co., Ltd., was ranked 25th in the "2017 China Top 100 B2B Industry List". The top 100 also included Alibaba, Ou Yeyun, and HC Well-known enterprises such as the Internet.

　　 News extension:

On February 7, 2017, CNOOC’s Gas & Power Group realized the first online liquefied natural gas (LNG) transaction in a store on the CNOOC’s e-commerce platform; on May 11, the "Materials Network" electronic procurement management system was launched. Adopting the SAAS model can make procurement easier and make enterprises more economical; in August, Zhongchen Cable Co., Ltd. officially launched the electronic procurement mode to purchase raw and auxiliary materials for cables, opening a new chapter in procurement; in December, Far East Maimaibao reported 2017 In the first three quarters, it has realized revenue of 5.071 billion yuan, which has exceeded the revenue of 2016 for the whole year...

　　Media Comments:

　　 In today's society, the B2B model continues to penetrate into the vertical segmentation field. More and more traditional enterprises realize the value of e-commerce and begin to transform to B2B. The "Internet +" model has also become the main way for many companies to upgrade and transform, expand sales channels and improve management. Breaking through the traditional "siege" of enterprises and establishing a new business model has become the only way for the sustainable development of traditional industries in the future. 

　　10. The new law of the Bidding and Bidding Law will be implemented on December 28, 2017

　　Keywords: decentralization service/integrity construction

　　 On December 28, 2017, the new "Law of the People's Republic of China on Tendering and Bidding" was officially implemented. The new law cancels the qualification certification of bidding agencies engaged in the bidding agency business of engineering construction projects; the handling measures for bidding agencies that violate the provisions of this law are amended to “if the circumstances are serious, they are prohibited from comparing and recruiting projects according to law within one to two years. Announcement until the business license is revoked by the industrial and commercial administration."

　　 News extension:

On March 6, 2017, under the strong support and guidance of China Quality News, China Quality News Network, China Statistical Information Service Center, China Consumer Protection Foundation Credit Record Center and other institutions, China Cable Online and Qixin Online jointly prepared The "2016 China Wire and Cable Market Quality White Paper" was officially released; on September 22, the State Council issued the "Decision of the State Council on Canceling a Batch of Administrative Licensing Items", deciding to cancel 40 administrative licensing items implemented by State Council departments and 12 central designated local implementations The administrative licensing matters...