NETDA sees strong start to 2025 with key industries scaling up production

In the first quarter of 2025, 280 major industrial enterprises in the Nantong Economic and Technological Development Area (NETDA) have ramped up production, working at full capacity.

One of the companies leading the charge is Zhongtian Cable Equipment Co Ltd. According to Zhu Liuheng, the production manager, the company has already achieved 30 percent of its first-quarter production target in January, marking a 10 percent increase compared to the same period last year.

As a wholly-owned subsidiary of Zhongtian Technology Co Ltd, the company specializes in producing fire-resistant and flame-retardant cables for communications, power cables, cables for ships and offshore projects, rail transit cables, new energy cables, rubber-sheathed cables, and port machinery cables. The company achieved sales revenue of 2.05 billion yuan ($282.82 million) last year and aims for 2.28 billion yuan in sales this year, with a target of 600 million yuan for the first quarter.

In addition, other sectors are also performing well. Wison Heavy Industries, a leader in shipbuilding and offshore engineering, has reached a capacity utilization rate of over 90 percent. Merck, a global pharmaceutical company, is operating at nearly full capacity, with a projected output of 1.7 billion yuan for the first quarter, reflecting an 8 percent year-on-year growth. Despite the off-season in the photovoltaic industry, Tongwei Nantong, a major player in the sector, is aiming for a first-quarter output of over 1 billion yuan, representing a 20 percent year-on-year increase.

The production base belonging to Zhongtian Cable Equipment Co Ltd. [Photo/Nantong Daily]