Shandong Juchen Cable Co., Ltd. announced that it has received CNY 100 million in funding from Sinostar Cable Co., Ltd., Dezhou Dongxing Investment Co., Ltd.
May 09, 2021
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On May 10, 2021, Shandong Juchen Cable Co., Ltd. closed the transaction.
Sinostar Cable Co Ltd is a China-based company principally engaged in the research and development, production and sales of wires and cables and cable accessories. The Company's main products are 110kV and below power cables, 750kV and below bare wires, wires and cables for electrical equipment and cable accessories. The Company's specific products include power cables (high, medium and low voltage), overhead conductors, overhead insulated cables, rail transit cables, wind energy cables, halogen-free PV cables for photovoltaic systems, mining cables, marine cables, computer cables, control cables, various types of fire-resistant and flame-retardant cables, household appliances wires, civil wires and other wires and cables, as well as 110kV and below cold-shrinkable and heat-shrinkable cable accessories, plug-in parts and power cable protective drive pipes. The Company mainly distributes its products in the domestic market.
Shandong Juchen Cable Co., Ltd. announced that it has received CNY 100 million in funding from Sinostar Cable Co., Ltd., Dezhou Dongxing Investment Co., Ltd.