Suzhou Wuzhong Nexans cable project was successfully completed

Suzhou Wuzhong Nexans cable project was successfully completed, entering the trial production stage of some equipment and the overall
relocation of Shanghai company to Suzhou.

The project was invested and established by the French Nexans Group, registered in 2013 and settled in Wuzhong District, Suzhou to start construction
.
With a total investment of 148 million US dollars and a registered capital of 50 million US dollars, the main products of the project are special cables for new energy, special cables (locomotive cables) for rail transit, special cables for marine engineering (cables for offshore oil platforms) and special cables
for aerospace.

The smooth implementation of this project is conducive to further integrating Nexans' internal resources and providing more domestic and foreign customers with more high-quality special cable products and services
localized in China.

The implementation of the project will partially meet China's market demand for special cable products, in addition, through the introduction of advanced technology and management experience is conducive to improving the overall level of China's special cable industry, promoting the optimization and upgrading of emerging industries in Wuzhong District, adding new vitality
to the industrial structure adjustment of Wuzhong District and the development of emerging high-end industries.