According to news on June 15, 2026, Xinneng Taishan has ushered in important industry adjustments and business focus.
Recently, an investor raised a question of great concern to Xinneng Taishan on the interactive platform.
Investors mentioned that the company proposed the strategy of ‘strengthening and replenishing chains’ in 2019, and officially responded to ‘actively research and explore strengthening and replenishing chains’ on Huayi.com in 2021.
However, seven years later, Qufu Cable’s optical fiber revenue is only 54 million, accounting for 3.83% of total revenue, and 100% of optical fiber raw materials are outsourced.
Investors can’t help but ask: How long does ‘long term’ mean?
Is seven years enough?
Will it take another seven years?
In response to this question, Xinneng Taishan responded.
On September 30, 2025, the China Association of Public Companies released the “Industry Classification Results of Listed Companies in the First Half of 2025”. The company’s industry category was changed from the original industry classification of ‘K70 Real Estate Industry’ to ‘CH38 Electrical Machinery and Equipment Manufacturing Industry’.
This adjustment marks a major shift in Xinneng Taishan’s business direction.
Currently, Xinneng Taishan’s main businesses are wire and cable production, industrial park development and comprehensive asset operations.
Among them, the company’s cable business is mainly carried out by its subsidiary Qufu Cable. Its main products include power cables, communication optical cables, mining cables, wires and cables for electrical equipment, bare wires, etc.
These products have important application value in the field of electrical machinery and equipment manufacturing and can meet the needs of different customers.
From the perspective of industry development, the electrical machinery and equipment manufacturing industry is in a stage of rapid development.
As technology continues to advance and society’s demand for energy increases, the market demand for wires and cables and other products continues to grow.
Xinneng Taishan has adjusted its industry categories and focused on cable and industrial park business, which is undoubtedly in line with the development trend of the market.
As for the ‘Strengthening and Replenishing Chains’ strategy, although the current revenue share of Qufu Cable’s optical cable business is relatively low, this does not mean that the company’s strategy is ineffective.
In the process of industry adjustment, companies need time to integrate resources and optimize business layout.
Moreover, the development of the cable business is affected by various factors, such as market competition, raw material price fluctuations, etc.
In the future, Xinneng Taishan is expected to achieve greater breakthroughs in the field of electrical machinery and equipment manufacturing.
The company can further increase investment in research and development in the cable business, improve product quality and performance, and expand market share.
At the same time, in terms of industrial park development and comprehensive asset operations, the value and efficiency of assets can also be enhanced through innovative operating models.
Xineng Taishan’s industry adjustment and business focus have brought new opportunities and challenges to its future development.
Investors’ attention to the strategy of ‘strengthening and replenishing chains’ also reflects the market’s expectations for the company’s development.
I believe that with the company’s efforts, we can achieve better development in new industry areas.
