5.50
0.00%
Close of 9 Nov 2026, in CNY
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About Qingdao Hanhe Cable Co
Its shares trade on Shenzhen under the ticker 002498.SZ. It has been listed since 9 November 2010. In the fiscal year to 31 December 2025, it reported revenue of CN¥10.47bn and net income of CN¥592.3m. At that date it held total assets of CN¥12.50bn and shareholders' equity of CN¥8.62bn.
Qingdao Hanhe Cable Co., Ltd. engages in the operation of cable and accessory system, status detection system, and power transmission and transformation engineering business. The company is headquartered in Qingdao, Shandong. The company went IPO on 2010-11-09. The Company’s main products include power cables, equipment wires and cables, special cables, data cables and overhead conductors, among others. The firm's products are mainly used in electricity, petroleum, chemical, transportation, communication, coal, metallurgy, hydropower, ship building and construction industries. The firm distributes its products in domestic market and to overseas markets, with East China as its main market.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 9 Nov 2010
- Employees
- 2,908
- Website
- hanhe-cable.com ↗
Leadership
Pay as last reported
- Mr. Ligang ZhangChairman of the Board, since 2003CN¥680,000
- Mr. Linjun ZhangVice Chairman of the Board, General Manager, since 2001CN¥650,000
- Mr. Jianjun LiuChief Financial Officer, Finance Director, Director, since 2016CN¥540,000
- Mr. Jian DongDeputy General ManagerCN¥450,000
- Mr. Jiqiang SunDeputy General Manager, since 2016CN¥550,000
- Mr. Liqiang SunDeputy General ManagerCN¥370,000
- Mr. Fuquan XianDeputy General ManagerCN¥530,000
- Mr. Chuangye ZhangDeputy General Manager, since 2009CN¥420,000
- Mr. Feng ZhuDeputy General ManagerCN¥540,000
- Mr. Ximing ZhuDeputy General ManagerCN¥480,000
- Mr. Zhengzhuang WangSecretary of the Board, Deputy General ManagerCN¥420,000
- Mr. Hongwei XuDirector, since 2003CN¥620,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 48
- Environment
- 56
- Social
- 61
- Governance
- 28
- Direct emissions (scope 1)
- 1,686.19 t
- Energy emissions (scope 2)
- 23,759.02 t
- Women in the workforce
- 18.7%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Qingdao Hanhe Cable Co Ltd employs 2,908 full-time employees for industrial cable production.
- The company's main products include power cables and special cables for multiple industries.
- East China serves as the primary market for Qingdao Hanhe Cable's domestic and overseas distribution.
Weaknesses
- The company's products are mainly distributed in East China, limiting broader market reach.
- Qingdao Hanhe Cable's business focuses on cable systems without diversification into other sectors.
- The firm's reliance on domestic market distribution may hinder international expansion.
Opportunities
- Expanding into the petroleum and chemical industries for cable applications.
- Increasing data cable usage in communication and transportation sectors.
- Growing demand for power cables in hydropower and construction industries.
Threats
- Competition from other cable manufacturers in the electrical equipment sector.
- Economic fluctuations affecting the construction and metallurgy industries.
- Dependence on the domestic market for overseas market growth challenges.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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