Super cable 60 million investment polymer cable project

Medium Super Cable (002471. SZ) announced today that it is proposed to set up a wholly-owned subsidiary in Gaochun, Jiangsu Province, Nanjing Super New Material Co., Ltd. (hereinafter referred to as "Nanjing in the Super"), and the implementation of polymer cable materials project, the initial investment of 60 million yuan.　　At the same time, many of the company's senior positions have undergone personnel changes.　　Nanjing in the Super main business for the production and sale of polyester resin (special powder coating) with raw materials products.　　Medium Super Cable said, the company uses a large amount of cable materials, investment in cable material production projects, to promote product structure optimization, and strive to form advanced insulation series, semi conductive shielding series, environmental protection Flame-Retardant series materials, special cable materials, lead-free system, general cable material supplemented by cable series pattern. The construction period of the project is 1 years, after the project is completed and put into production, it is measured by 70% of the manufacturing load, and the following year is normal production year.　　According to the calculation, the project in the year of production sales will reach 520 million yuan (including tax), the annual average after-tax net profit will reach 17.44 million yuan.　　The super Cable believes that the project can further improve the company's product structure, extend the industry chain and integrate resources. At the same time, the original general manager of Chen Youfu resigned from office, will be responsible for the preparation of Nanjing in the super, the cable will be hired Zhang Neming as the new general manager.