VerityRank
Hengtong Group Co., Ltd.
Manufacturer VerifiedChina

Hengtong Group Co., Ltd.

Hengtong

Hengtong Group is China's largest power and fiber optic cable manufacturer, founded in 1991 in Suzhou, Jiangsu Province, China. With revenue of approximately ¥669 billion, the company operates through 80+ subsidiaries across six continents, employing 16,000+ people. Listed on the Shanghai Stock Exchange (SHA: 600487), Hengtong has built a fully vertically integrated manufacturing chain from optical fiber preform production to finished cable systems.

Strengths: Hengtong's complete vertical integration from raw material through finished cable production eliminates reliance on external suppliers. The company earned the EcoVadis Global Sustainability Gold Medal on its first assessment, ranking among the top 5% of companies worldwide. Its global manufacturing footprint spanning six continents provides excellent market access and supply chain diversification.

Weaknesses: The company remains heavily dependent on the Chinese domestic market, exposing it to real estate downturn risks. International brand recognition lags behind Western and Japanese competitors like Prysmian and Sumitomo. The rapid pace of global expansion presents integration and quality consistency challenges across its diverse manufacturing facilities.
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ChinaFounded 199116,000+¥668.55B CNYFull vertical integration… / 100
Listed onSSE600487
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

600487 · SSE · weeklyHistory →
Market cap
$16.1 B
Share price
CNY 40.45
1Y change
+94.6%
Recent change
-7.1%

11-02 → 11-03

Since first close
+76.1%

from 2025-09

Revenue (TTM)
¥668.55B CNY (~$92B)
· updated 2026-11-03

Financial history

Full market history
CNY 0$0CNY 38$12.5 BCNY 75$25.0 BCNY 113$37.5 BCNY 150$50.0 B2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 2026-11CNY 40.45$16.1 B-4.6%
  • 2026-10CNY 42.42$16.9 B-22.7%
  • 2026-09CNY 54.86$21.9 B-18.6%
  • 2026-08CNY 67.38$26.9 B+41.5%
  • 2026-07CNY 47.61$19 B-56.5%
  • 2026-06CNY 109.34$43.6 B+41.8%
  • 2026-05CNY 77.12$30.8 B+17.4%
  • 2026-04CNY 65.70$26.2 B+24.8%
  • 2026-03CNY 52.66$21 B+10.9%
  • 2026-02CNY 47.50$18.9 B+35.7%
  • 2026-01CNY 35.01$14 B+41.6%
  • 2025-12CNY 24.73$9.9 B—
Monthly closes · 2025-12 – 2026-11 · Full market history

Ownership & Control

Latest available filings
Controlling entity
Publicly held — no controlling shareholder disclosed
Company type
Manufacturer
Insiders
—
Institutions
—
Free float
—

Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.

In the press

All coverage →5 latest headlines21
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

Hengtong Group is China's largest manufacturer of power and fiber optic cables, founded in 1991 in Suzhou, Jiangsu Province. With revenue of approximately ¥669 billion and 16,000+ employees across 80+ subsidiaries on six continents, it is one of Asia's premier electrical system manufacturers. Listed on the Shanghai Stock Exchange (SHA: 600487).

Business Overview

Hengtong has built a fully vertically integrated manufacturing chain spanning optical fiber preform production, fiber drawing, cable extrusion, and system integration. Its product portfolio includes extra-high voltage power cables, submarine composite cables, fiber optic communication systems, smart grid equipment, and renewable energy transmission solutions. The company earned the EcoVadis Global Sustainability Gold Medal on its first assessment, ranking among the top 5% of companies worldwide.

Key Strengths

• Complete vertical integration from raw materials (fiber preforms, copper foil) to finished cable systems eliminates supplier dependency. • EcoVadis Gold Medal demonstrates world-class ESG performance. • Global manufacturing footprint spanning six continents provides market access and supply chain diversification. • Strong positioning in high-growth submarine cable, renewable energy, and AI data center infrastructure segments.

Challenges & Outlook

Heavy dependence on the Chinese domestic market exposes the company to real estate and construction sector volatility. International brand recognition lags behind Western competitors, limiting premium pricing power abroad. Rapid global expansion presents integration and quality consistency challenges across geographically dispersed manufacturing facilities.

VerityRank Score

VerityRank Score of 87/100

Quick Facts

Headquarters

Suzhou, Jiangsu, China

Founded

1991

Employees

16,000+

Revenue

¥668.55B CNY (~$92B)

Market cap

$16.1 B

Factories

Full vertical integration manufacturing base

Presence

Global

Listing

SHA: 600487

Categories

12 categories · scroll for more

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website , persistencemarketresearch.com, matrixbcg.com, matrixbcg.com, live.euronext.com