Shanghai Shenghua Cable Attends China-Saudi Industrial Value Chains Workshop, Exploring New Opportunities in Shipbuilding Sector

Shanghai, China, August 25, 2025 – Shanghai Shenghua Cable Technology Group Co., Ltd. (hereinafter referred to as "Shenghua Cable") was invited to attend the "China-Saudi Industrial Value Chains Workshop" held in Saudi Arabia on August 25, 2025. The workshop aimed to foster in-depth alignment and cooperation in the industrial sectors between China and Saudi Arabia.

During the workshop, H.E. Khalid Al-Falih, Minister of Investment of Saudi Arabia, delivered a detailed analysis of the developmental advantages of Shanghai, China, as a global economic, industrial, and financial hub. He also introduced Saudi Arabia's continuously improving economic and trade environment, highlighting the various efforts and reforms undertaken to attract foreign investment.

Several Vice Ministers from the Ministry of Investment further elaborated on the preferential policies available for investment attraction in Saudi Arabia, including tax incentives, investment subsidies, land support, and talent recruitment policies. This demonstrated the Saudi government's strong commitment and high level of support for attracting international capital and promoting industrial localization.

The workshop also featured sector-specific roundtable discussions. During the shipbuilding roundtable, led by representatives from the Saudi Ministry of Investment and Mr. Wang Guoqiang, General Manager of China State Shipbuilding Corporation Limited (CSSC), discussions focused on industry cooperation. Ms. Alice Wang (王平平), Mr. Terry su（苏华军）. International Business Representative of Shenghua Cable, attended this roundtable as the sole invited representative from the crucial wire and cable sector within the shipbuilding supply chain. She engaged in in-depth exchanges with other participants on topics including supply chain cooperation, technical standards alignment, and localized investment opportunities within the shipbuilding industry.

Shanghai Shenghua Cable Technology Group Co., Ltd. is a leading cable manufacturer in China with nearly 30 years of expertise in R&D and manufacturing. The company boasts a registered capital of over 1 billion CNY and total assets of 10 billion CNY. It operates 7 production bases and 21 factories across China, employing about 5,000 staff, including 600 engineers. Shenghua Cable's annual production capacity reaches approximately 2.1 million kilometers, with more than 80 cable types and over 20,000 products. In 2023, its sales revenue reached 20 billion CNY (approximately 2.8 billion USD), and its business spans over 60 countries and regions. Ranked among the Top 10 in China's wire and cable industry, Shenghua Cable is the chairman company of the Cable Industries Association of Shanghai (CAS). It holds CNAS laboratory accreditation, ISO management system certifications, and international product certifications including CE, KEMA, and UL.

The invitation to participate in this high-level workshop and roundtable discussion not only signifies international recognition of Shenghua Cable's professional strength and brand influence in the wire and cable sector but also provides a significant platform for the company to gain deeper insights into the market potential of Saudi Arabia and the Middle East, explore localized cooperation opportunities, and expand its global business footprint.

Shenghua Cable remains committed to its mission of supplying "cables of safer use, better quality, lower cost and timely delivery to all customers around the world." The company will actively seize cooperation opportunities under China's Belt and Road Initiative and Saudi Arabia's Vision 2030, contributing to the development and upgrading of global industrial value chains.

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Terry

Email: terry@sh-cables.com

Mobile/WhatsApp: +86 18916399443

Address: No.7577 Hunan Road, Pudong New Area, Shanghai 201314, China