In October of autumn, our production and construction are in full swing, just like this bright season, and we will also usher in the joy of harvest. Truck drove into the ZTC new factory one after another, the newly introduced equipment was successively delivered to the designated "cubicle", after installation and commissioning test, ZTC's new production line of high-end cable production base expansion project will soon be officially put into use!

The project covers an area of 17.08 acres, with a construction area of 24,311 square meters and a total investment of 300 million yuan, the project has been started since July 2022. At the time of the spreading of the COVID-19 Pandemic, we overcome many difficulties during the construction process since we have a tight construction schedule and heavy tasks. After more than a year of intense construction without a stop, the new factory successfully passed the acceptance inspection of the quality supervision department on September 20, 2023 and start to the next step - installation and commissioning test.

The completion of the new plant has provided ZTC with greater development space for continuous cultivation in the cable industry. ZTC closely combines technological innovation, product upgrading and market demand upgrading trend, with lean production management mode, greatly improves production efficiency and product quality, effectively reduces production costs, provides customers with higher performance, lower cost cable products. ZTC plans to achieve full capacity and marketing as soon as possible, and it is expected that ZTC's annual operating income will exceed 1 billion yuan after the designing capacity is achieved.

The completion of the high-end cable production base expansion project is an important part of ZTC's steady growth, production expansion, structural adjustment and transformation, which will promote the company to move forward quickly and steadily on the road to high-quality development.