![]() Wanma Cable Wanma Cable (万马股份, also known as Zhejiang Wanma, 浙江万马股份有限公司) is a manufacturer of power cables. | ![]() Qingdao Hanhe Cable Qingdao Hanhe Cable (青岛汉缆股份有限公司) is a company engaged in the manufacture and distribution of wires and cables. | ![]() Lianovation Lianovation (Jiangxi Lianchuang Opto-Electronic Science and Technology, 江西联创光电科技股份有限公司) is a company that specializes in the research and development, production, and distribution of optoelectronic devices. | ||
Founding Date | Founding Date 1996 | Founding Date 1982 | Founding Date 1999 | Founding Date 1917 |
Type | Type Public | Type Public | Type Public | Type Subsidiary |
Tags | ||||
Locations | Locations Hangzhou, CN HQ Hangzhou, CN | Locations Qingdao, CN HQ | Locations Nanchang, CN HQ | Locations Nürnberg, DE HQ Sao Paulo, BR Pleven, BG Changchun, CN Changzhou, CN Changzhou, CN Changzhou, CN see more |
Employees | Employees 5,852 | Employees 3,050 | Employees 4,6023% increase | Employees 82,23014% decrease |
Valuation ($) | Valuation ($) 1.1 b | Valuation ($) 1.6 b | Valuation ($) N/A | Valuation ($) N/A |
Financial | ||||
Revenue (est.) | Revenue (est.) ¥19b (FY, 2025) | Revenue (est.) ¥10.1b (FY, 2025) | Revenue (est.) ¥3.3b (FY, 2025) | Revenue (est.) €3.8b (FY, 2024) |
Cost of goods | Cost of goods ¥16.9b (FY, 2025) | Cost of goods ¥8.9b (FY, 2025) | Cost of goods ¥2.6b (FY, 2025) | Cost of goods €3.3b (FY, 2024) |
Gross profit | Gross profit ¥2.3b (FY, 2025) | Gross profit ¥1.4b (FY, 2025) | Gross profit ¥672.6m (FY, 2025) | Gross profit €556.6m (FY, 2024) |
Net income | Net income ¥345.5m (FY, 2025) | Net income ¥547.9m (FY, 2025) | Net income ¥551.8m (FY, 2025) | Net income (€169.8m) (FY, 2024) |

Qingdao Hanhe Cable (青岛汉缆股份有限公司) is a company engaged in the manufacture and distribution of wires and cables.
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Lianovation (Jiangxi Lianchuang Opto-Electronic Science and Technology, 江西联创光电科技股份有限公司) is a company that specializes in the research and development, production, and distribution of optoelectronic devices.
View companyLEONI is a provider of data cable products for the automotive and aerospace sectors.
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