Historical Development-VALIN

Historical Development

2018-present：

During a period of rapid and high-quality development, in 2021, Hunan Valin Wire&Cable Co.,Ltd was listed on the main board of the Shenzhen Stock Exchange. Currently, the company has demonstrated outstanding strength in fields such as commercial aerospace, forming a scale of 5 billion yuan.

2011-2017：

During the strategic positioning period of transformation and upgrading, a clear strategic positioning is established to promote transformation and upgrading, driving the transformation of the entire management and operation model, and using technology to drive product upgrades.

2007-2010：

During the scaling-up phase, an ERP-based management system will be established, and the first phase of forward-looking equipment upgrades will be completed, forming a scale of 1 billion.

2003-2006：

Prepare for the acquisition, initiate the recovery period, design a new business model, complete the acquisition and asset transfer, recruit personnel, renovate and restore equipment, and achieve initial recovery of production and market. In 2005, the company returned to profitability.

2003：

Hunan Valin Wire&Cable Co.,Ltd was jointly founded by five entities, including Hunan Iron and Steel Group and Xiangtan Iron and Steel.

2000：

Xiangtan Cable Factory went bankrupt due to its failure to adapt to market economy reforms and management problems.

1951：

The "Central South Electric Wire Factory" was established in Xiangtan, which later developed into Xiangtan Cable Factory, a leading wire and cable enterprise in Central South China, with a long history and the famous "King Phoenix" brand.

1936：

The manufacture of electric wires and cables in Xiangtan began in 1936 with the formal establishment of the Central Electromechanical Equipment Factory Preparatory Committee, which had four branch factories, the first of which was a wire factory.