The company was founded in February 2001. On August 8, 2012, the company was successfully listed on the Shenzhen Stock Exchange. The controlling shareholder of the company is Jiangsu Asset Management Co., Ltd., a subsidiary of the League of Nations Group. The company has excellent production equipment and complete testing equipment. The company is mainly engaged in R&D, production and operation of wire and cable products. The company's main products are four categories: power cables with a voltage rating of 500 kV and below, special cables, bare wires, and wires and cables for electrical equipment. Corporate honors: “National Customer Satisfaction Enterprise”, “High-tech Enterprise”, “Jiangsu Advanced Quality Management Unit”, “AAA Level Contract-honoring and Trustworthy Unit”, “AAA Credit Enterprise”, and “Jiangsu Industrial Enterprise Quality Credit AAA Level”. The company's “remote” brand wire and cable enjoys honorary titles such as “National Customer Satisfaction Product”, “Jiangsu Famous Brand Product”, “Jiangsu Key Protection Product”, and “Jiangsu Famous Trademark”. The company won the honorary titles of “2023 Top 100 Most Competitive Enterprises in China's Cable Industry”, “Jiangsu Boutique”, and “Specialized, Special and New” at the provincial level; it has successively won honorary titles such as Jiangsu Green Factory and Jiangsu Intelligent Manufacturing Demonstration Workshop.