TBEA to invest 844.32 million yuan in smart cable industrial park in Changji

TBEA Co., Ltd. announced its subsidiary TBEA Xinjiang Cable Co., Ltd. will invest 844.32 million yuan to build a smart cable industrial park in Changji, Xinjiang. The project will add capacity for building wires and medium/low voltage cables, with a 2-year construction period and 4 years to full production.

“智能电缆产业园项目的建设，有利于扩大公司线缆产品产能，改善公司新疆地区现有产能不足、自动化水平低的现状，提高公司线缆产业的市场竞争力，项目具有较好的经济效益。”epaper.cs.com.cn

• 2 sources
• epaper.cs.com.cn中国证券报 - 特变电工股份有限公司对外投资公告Dec 11, 2021
• beta.zhitongcaijing.com特变电工(600089.SH)拟斥8.2亿元实施特变电工(德阳)电缆公司技改项目Dec 21, 2021

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