HENGTONG GROUP CO.,LTD.

The 2024 list of the top 500 Chinese enterprises was published on September 11 by the China Enterprise Confederation and the China Enterprise Directors Association at the 2024 China Top 500 Enterprises Summit Forum. Hengtong Group got the 156th place, marking a rise of 15 places from last year. Hengtong Group also ranked 55th among the top 100 strategic emerging industry enterprises and 94th among the top 100 multinational companies, reflecting its continuous innovation and global growth.

Hengtong Group was invited to attend the 2024 Summit of the Forum on China-Africa Cooperation in Beijing this September. Under the witness of H.E. Moustafa Madbouly, Prime Minister of Egypt and H.E. Dr. Amr Talaat, Minister of Communications and Information Technology of Egypt, Hengtong signed a multi-party MOU with Information Technology Industry Development Agency, ITIDA, Telecom Egypt, and the National Telecommunication Institute (NTI).Through this collaboration, Hengtong will further strengthen infrastructure cooperation and talent cultivation in Egypt, reinforcing its commitment to the connectivity building in the country and the region.

On September 2nd, Hengtong launched the first session training program for our international employees. With over 30 outstanding employees from more than 10 countries in Suzhou, this program marks a significant step in Hengtong's commitment to global collaboration and talent cultivation.During the opening ceremony, Mr. Cui Wei, President of Hengtong Group, welcomed the Hengtongers from across the world and emphasized the importance of globalization and localization for lasting growth. Representatives from Spain and South Africa gave speeches and shared thoughts.The program will span nine days, incorporating site visits, specialized training, interactive exchanges, benchmark company visits, cultural experiences, and more. Through a series of communications and interactions, the employees of Hengtong family will share expertise with each other, and hand in hand drive the company forward with better service to the customers.

 Hengtong Optic-Electric has released its 2023 ESG Report (Chinese version)! The report reflects the company’s efforts and achievements over the past year in environmental protection, CSR and internal governance, which would not be possible without the support from its shareholders, customers, suppliers, partners, employees, and communities. Hand in hand we are working for a better future of sustainability, quality and connectivity! The English version is on its way. Stay tuned!ESG Report (Chinese version):  //ganfei.com.cn/web/bocupload/2024/09/29/172760382825487ieky.pdf

Jiangsu Hengtong Power Cable Co., Ltd. has proudly contributed to installing the first turbine of the 100,000-kW grid-connected wind power project in Tibet. Located at an average altitude of over 5,050 meters, with the highest turbine position reaching 5,200 meters, the project sets a new record for the global wind power industry in terms of altitude. In the face of extreme environmental challenges, Hengtong developed a new type of power transmission material that enhanced current-carrying capacity by 14%, ensuring reliable power transmission in harsh conditions.The project is expected to provide 223.7 million kWh of clean energy annually, saving 75,300 tons of coal equivalent and reducing carbon dioxide emissions by about 188,200 tons. Committed to its goal of reaching carbon peak by 2028 and carbon neutrality by 2045, Hengtong hopes to participate in clean energy transformation and global sustainable development.

The International Electrotechnical Commission officially released the International Standard IEC 61196-1-105:2024, which Jiangsu Hengtong Wire & Cable Technology Co. Ltd participated in formulating. This standard, "Coaxial Communication Cables - Part 1-105 Electrical Test Methods - Test for Withstand Voltage of Cable Dielectric," extends the communication frequency band of coaxial communication cables from the previous 2.5GHz to 3.5GHz. This extension is necessary for 5G indoor wireless communication, and it provides the latest standards for the design, production, quality inspection, and related testing of coaxial communication cables in the new-generation information technology for their wide range of applications.

Hengtong Group recently hosted the Industrial Ecological Chain Partners Win-Win Development Conference under the theme of 'Collaborate for success, innovate for efficiency, promote green integrity, and achieve a win-win future.' Leaders from Hengtong and its supply chain partners not only expressed their commitment to enhancing collaboration and advancing intelligent, digitized, low-carbon, and integrated development but also signed an agreement on supply chain anti-corruption and compliance. Thematic forums were held concurrently, focusing on sustainability, safety, and high-quality development.The event underscores Hengtong's dedication to its role as an industry leader and its efforts to build a clean and compliant ecological chain for global sustainable development.

JIANGSU HENGTONG POWER CABLE's near and long-term emissions reduction targets have been officially validated by the Science Based Targets Initiative (SBTi). The company is resolutely aiming for net zero emissions by 2045.By 2045, HENGTONG POWER CABLE will have achieved a 90% reduction in absolute scope 1 and scope 2 emissions from a 2022 baseline. This accomplishment showcases Hengtong’s unwavering commitment to sustainability. Hengtong will keep innovating and taking charge of the fight against climate change.

Hengtong has participated in the FTTH Conference 2024 in Berlin, Germany, with its latest products and solutions for ODN, fiber optic connection and FTTx application showcased.Javier Garrido Carretero from Hengtong’s Spanish subsidiary Cablescom brought a speech under the theme ‘Swift ODN Solution – Evolving traditional FTTH Deployments’. With the evolution of fixed-access network technologies in the past decades, FTTx has gradually become the mainstream choice for operators. With massive optical fibre resources being deployed around the world every year, ODNs connect thousands of homes. Hengtong is honored to provide high-bandwidth and high-quality network experience to end users all over the world.