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NEW RIHUI (Shandong Yanggu New Rihui Cable Co Ltd)

Shandong Yanggu Cable Group was founded in 1986 and renamed Shandong Yanggu New Rihui Cable Co. Ltd. (NEW RIHUI) in 2011 after the successful joint venture with the 7-billion EUR cabling giant Nexans, France (NYSE EURONEXT®: NEX).

NEW RIHUI is one of the largest electric cable companies and is also recognized as a Top-500 Chinese Enterprise.

NEW RIHUI has rich experience in handling projects for power generation and transmission, mining, petrochemical, transportation, telecommunication, shipbuilding and construction industries.

New Rihui products have been widely used for upgrading urban and rural power grids, Beijing 2008 Olympics® construction projects and the Shanghai Expo to name a few.

Epsilon is proud to be the exclusive partner for New Rihui in India.

Overview

  • Leader in cables in China for over 20 years
  • JV with Nexans, France (NYSE Euronext, Paris Listed)
  • Products ranging from UHV XLPE Cable to Optic Fiber and Control cable
  • Listed in Fortune 1000 Companies of China
  • Primary Supplier to State Grid Corp. of China

Financials

  • 7.0 Billion RMB (1.1 Billion USD) Annual Revenue
  • 2.0 Billion RMB (313 million USD) in Assets
  • Recognized in the top 500 Competitive Enterprises of China
  • A China Fortune-1000 company
  • Best Credit Performance award by Shandong Banking Association

JV with Nexans, France

  • Global leader in cables and cabling systems
  • 8.6 Billion USD revenue in 2011
  • 24,500 employees
  • Listed on NYSE Euronext Exchange, Paris
  • ┬áIndustrial presence in 40 countries