# 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.

- Type: New facility
- Announced: 2021-12-17
- Where: Tongzhou Bay Demonstration Zone, Jiangsu, China
- Value: $196.0M (1.25B CNY)
- Status: announced
- Products: high-voltage submarine cables, land cables, dynamic flexible submarine cables, subsea umbilical cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Yongding Co.](https://endata.com/companies/37350.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/624388.html), 2021-12-17: "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》"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.