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.Read More ▼Show Less ▲
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.
Business Nature
Core Business Areas
• Extra-high voltage power transmission and submarine composite cables
• Optical fiber preforms, optical fibers, and fiber optic communication cables
• Smart grid equipment and intelligent power distribution systems
• Submarine observation networks and underwater cable systems
• New energy cables for photovoltaic, wind power, and EV charging infrastructure
• Precision copper foil for high-speed communication and new energy applications
Industry Rankings
Corporate Report
VerityRank Score
Based on market presence, financial scale, operational capacity, and brand strength.
Quick Facts
Headquarters
Suzhou, Jiangsu, China
Founded
1991
Employees
16,000+
Factories
Full vertical integration manufacturing base
Listing
SHA: 600487
Categories
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