With the acceleration of China's investment in new energy, the wire and cable industry has begun to recover slowly, and the overall development trend is still rising. According to the report analysis: although China's wire and cable industry production capacity is high, but China's wire and cable industry supply and demand polarization, product supply structure is unreasonable, enterprises mainly produce low value-added low-voltage cables, excess production capacity, excess capacity of more than 50%, which also leads to the industry's average equipment utilization rate is very low, only 30%-40%; However, China's high-end product supply capacity is insufficient, mainly relying on imports, especially aerospace, nuclear power, high-voltage cable ultra-clean cable materials and other high-end products.

With the continuous development of the national economic level and the development of the construction industry, it will bring market opportunities to various wire and cable products, and will also put forward higher demand for wire and cable products. For example, home decor wiring. The current development trend has appeared many different types of products, such as: flame retardant, low smoke halogen-free, durable 70-year wire (high life or long life wire and cable), we can see the research and development and production technology of wire and cable companies, according to the market requirements for home power safety and continuous progress!

At present, the domestic wire and cable industry market is still affected by foreign wire and cable products, and many cable products with high technical content have a certain impact on domestic wire and cable enterprises. Just like the CMP standard wire in the United States, this wire manufacturing material is different from the domestic PVC, so it must be used in high-rise buildings. For domestic wire and cable manufacturers, they also need to continuously strengthen their technical strength and improve product quality.

In 2018, the certification technical specification approval meeting held in the China Quality Certification Center prepared and passed the "Technical Specification for Fluorine Plastic Insulation fixed Wiring Cable Certification" (CQC1129), which put forward more stringent new standards for home improvement wires; It also meets the American CMP standard quality. To create fire retardant, low smoke, excellent aging resistance of high-quality home wire.

Generally speaking, the development prospects of the wire and cable industry are still clear, especially with the development of modern cities in the direction of intelligence and science and technology, high-quality, high-performance, high-tech content of wire and cable is also needed as a supporting development. However, at present, the domestic wire and cable industry needs to solve the problems of overcapacity, small and medium-sized enterprises, low industry concentration, fierce competition in low-end products, and less investment in science and technology research and development, especially as a wire and cable country rather than a strong country, which hinders the development of the wire and cable industry, is a practical problem faced by enterprises in the wire and cable industry.

Qingdao Tianxing Cable Co., Ltd. is a technical enterprise specializing in the production of wire and cable in Shandong Province. After years of unremitting efforts, the company has established a good brand image in the industry, and built a new modern production base, updated some modern intelligent production equipment, and established a new enterprise management system of institutionalization, process and standardization. Enterprises adhering to the cultural purpose of "Tianxing Jian terrain Kun", to do a good job of wire and cable concept, and strive to be perfect, "good products, good service customers".