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Hengtong Submarine Power Cable

No. 88 Hengtong Road, Wujiang District, Suzhou, Jiangsu Province, 215234, China

Overview

亨通高压 is a cable and optical‑fiber manufacturer and a subsidiary of 亨通集团. Its core products include high‑voltage and ultra‑high‑voltage power cables, submarine cables, optical‑fiber composite submarine cables, and submarine optical cables. The company also supplies related supporting products and offers end‑to‑end power and communications transmission system solutions covering design, production, installation, and maintenance. The article reports a new strategic financing round totaling RMB 560 million (5.6亿元). The financing was completed at a reported pre‑money valuation of RMB 17.5 billion (175亿元). No operating metrics (revenue/users) or future product plans beyond its existing product and service scope were disclosed in the article. Jiangsu Hengtong High‑Voltage Submarine Cable was established in July 2009 with Jiangsu Hengtong Optic‑Electronics as the principal investor. The company is located in the Changshu Economic Development Zone and its project has total planned investment of over RMB 1 billion and two 10,000‑ton docks. Its main products include 500kV ultra‑high‑voltage cross‑linked power cables, optical‑electrical composite submarine cables, submarine power cables, and submarine optical cables. The company emphasizes a "high starting point, high standard, high efficiency" operating philosophy and adopts advanced domestic and international equipment. It states its manufacturing technology will reach international advanced levels. The article notes the company is a specialized, high‑standard manufacturer within the Hengtong Group structure. Recent corporate information was sourced from Tianyancha and compiled by Securities Star.

Total raised
$1.5B
Funding rounds
2
Latest round
Equity
Latest activity
Jul 2024

Industries

  • Manufacturing
  • Marine Technology
  • Telecommunications
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Recent funding

  1. Equity

    Jul 2024

    $77M

  2. Equity

    Apr 2024

    $1.4B

Team

No current team members are available.