Hengtong Submarine Power Cable Co., Ltd
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Hengtong Submarine Power Cable Co., Ltd - overview
Established
2009
Location
Changshu, Jiangsu, China
Primary Industry
Telecoms
About
Based in Changshu, China, and founded in 2009, Hengtong Submarine Power Cable Co. , Ltd is a telecom company that provides customers with power cables, submarine cables, and other products, with a registered capital of CNY 600 million. In March 2024, CCB Investment Funds Management and other investors agreed to invest in Hengtong Submarine Power Cable Co. , Ltd for CNY 2.
03 billion. In July 2024, Hwabao Equity Investment and other investors invested in the company for CNY 560 million. Hengtong Submarine is committed to the research, development, production, and sales of wire and cable and submarine cable. The products include high voltage and ultra-high voltage cables, optical fibre composite submarine cable, submarine optical cables and other related supporting products.
It has built a 180-meter VCV vertical tower and two 10,000-ton wharves. The company also offers related power communication transmission design, production, installation, and maintenance of system solutions. The company generates revenue by providing cable and optical cable and other related system solutions. The company will use the funds for daily operations, repayment of bank loans and operating liabilities.
Current Investors
Suzhou International Development Venture Capital Holding, Zhuhai Financial Investment, Hwabao Equity Investment
Primary Industry
Telecoms
Sub Industries
Cable Service Providers
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Hengtong Submarine Power Cable Co., Ltd - financials
| Fiscal Year Ended | Dec 31, 2022 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Hengtong Submarine Power Cable Co., Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Hengtong Submarine Power Cable Co., Ltd | - |
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