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From the "Twelfth Five-Year Plan" of some major cities, it has been found that these cities have already addressed the problem of urban congestion as one of the important tasks of the government, and the construction of urban rail transit is one of the key links. As a cable industry that provides hardware for rail transit construction, it finds unlimited business opportunities. According to statistics, as of now, rail transit planning in 28 cities in China has been approved by the State Council. From 2009 to 2020, the new operating mileage of urban rail transit will reach 6,560 kilometers. By 2020, the cumulative operating mileage of urban rail transit in China will reach 7,395 kilometers. Calculated at a cost of 500 million yuan per kilometer, it will invest 3.3 trillion yuan in 2009-2020, averaging 270 billion yuan annually. Therefore, China's urban rail transit construction will usher in a golden decade. According to the average of the top 50, the “golden period†for rail construction in the next decade will see Wanma Cable’s “Nuggets†surpassing RMB 60 billion in track construction.
At present, Zhejiang Wanma Cable Co., Ltd. has become the company with the largest number of subway projects and the most extensive coverage in the domestic cable industry. The company entered the rail transit field in 2005 and has successively participated in the construction of rail transit in many large cities across the country. Last year, Wanma Cable established a research and development team for a new project of rail transit, and successfully developed the rat-resistant EPR rubber insulated DC traction cable and electrified railway 27.5KV cable, and successfully passed the provincial new product appraisal, and obtained a number of patents. After the rapid expansion of the market, the track transportation field has achieved remarkable results and has undertaken key projects such as Xi'an, Chongqing, Shenzhen, Guangzhou, Beijing and Shenzhen.
RTTOP50 (China Rail Transit Corporation Innovation TOP50 Evaluation Activity) is the only innovation index in the rail transit industry. It has selected a group of innovative companies, innovative figures and innovative products with benchmark significance through the industry-leading international summit of urban rail transit. Wanma Cable has further expanded its reputation in the industry and will undoubtedly add a weight to the company’s plans to seize more markets in the next decade.
Into the top 50 of the country Wanma cable is expected to "Nuggets" 60 billion
A few days ago, Zhejiang Wanma Cable Co., Ltd. was selected as the top 50 (top meaning) of China's rail transit innovation enterprise at the 7th Urban Rail Transit International Summit in 2011. The award was re-evaluated by Wanma Cable after being selected as one of China's top 50 rail transit innovation companies in 2009. It is also the only company selected by cable manufacturers in the traction power supply system. The award was awarded to further enhance the company’s The brand awareness in the rail transit industry.