Yongding to build $196M submarine and land cable plant in Tongzhou Bay, China

Yongding Co. (600105.SH) plans to invest 12.5 billion yuan to build a high-end submarine and land cable manufacturing facility in Tongzhou Bay Demonstration Zone, Jiangsu. The plant will produce HV/EHV AC/DC submarine cables for offshore wind, oil & gas, and ocean exploration.

“为贯彻公司“光电融合，协同发展”战略，完善产业布局，公司于2021年12月17日与江苏省通州湾江海联动开发示范区管委会签署《产业发展协议》”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com永鼎股份(600105.SH)拟投资12.5亿元建设高端海缆及陆缆建设项目Dec 17, 2021

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