Hengtong
Chinese power and fiber optic cable manufacturer
From Wikipedia, the free encyclopedia
Hengtong (SSE: 600487) or Hengtong Group is a China's largest power and fiber optic cable manufacturer.[2]: 14 In 2025, Hengtong Ranked No. 386 in the World's 500 Most Influential Brands list by World Brand Lab.[3]
It is listed as the 7th largest manufacturer in market research firm Integer's 2017 Top 100 Global Wire & Cable Producers and the only Chinese cable manufacturer to make the ranking's top 10.[4]
The company claimed the top spot with annual revenue growth of 46.5% from 2008 to 2012 in a report by the Association of Chartered Certified Accountants titled "China's Next 100 Global Giants", a ranking of Chinese businesses with the most global growth potential.[1]
History
The company was founded in 1991 and in 2003 was listed on the Shanghai Stock Exchange.
Hengtong Group was one of the first businesses in its province to establish a Communist Party branch within its organization.[2]: 14 When it was established, Hengtong Group founder Cui Genliang stated his view that "Communism is a productive force."[2]: 14 Hengtong Group's characterizes its core business mission as "serve the people and devote to society," a reference to Mao Zedong's speech Serve the People.[2]: 56
Corporate structures
Hengtong Group has 70 subsidiaries.[2]: 56
Joint ventures
In 2010, the company formed Jiangsu OFS Hengtong Optical Technology Co., a joint venture with OFS, a US subsidiary of Furukawa Electric, to manufacture optical fiber preforms.[5]
In 2012, the company announced a joint venture in Brazil with local cable manufacturer, Brascopper, to establish a manufacturing facility for fiber optic cable in Mato Grosso do Sul.[6] Hentong will hold 51% of the JV, which was established to further the company's goal of expanding in Brazil and the rest of Latin America.[6]
Hengtong purchased a 51% in Huawei Marine Networks (a joint venture with Global Marine Systems of the UK from 2008), due to U.S. sanctions on Huawei.[7]