The workshop of Jiangsu Eleco Electronics Technology Co in the Taizhou Port Economic Development Zone. [Photo/WeChat account: gh_1ff53eb21f0a]
Jiangsu Eleco Electronics Technology Co, based in the Taizhou Port Economic Development Zone, has been accelerating its research and development, as well as production of high-voltage wiring harnesses and specialty silicone cables to meet the needs of fast-growing industries.
Thanks to strong demand from both domestic and international markets, especially in the new energy vehicle sector, the company has seen steady order growth. In the first quarter alone, it recorded over 32 million yuan ($4.68 million) in invoiced sales.
"Our Q1 results have already hit the invoiced sales target we set for the first half of 2025," said Peng Zhen, the company's general manager. "Driven by new energy vehicles, high-voltage cables are growing quickly, and our cables for energy storage and industrial controls are seeing even faster growth."
At the same time, the company is expanding its overseas sales, making rapid progress in the United States market. Several projects in high-value areas such as solar energy and data centers have now entered advanced stages.
"Next, we plan to go deeper into data communications and solar energy certification in the US market," said Peng. "We expect to reach 150 million yuan in invoiced sales by 2026."