Significant Events of the Group

On March 27, 2025, the 40th anniversary of the factory, the upgraded version of the 30 million yuan "Yongtong Forty Encouragement" public welfare fund was officially launched.

In March 1985, Fuyang Post and Telecommunications Equipment Factory was established.

In July 1986, the first HYYV local telephone communication cable in Hangzhou was successfully developed, achieving an annual output value of 1 million yuan that year.

In 1992, Hangzhou Fuchunjiang Communication Equipment (Group) Co., Ltd. was established, becoming the first group company in Fuyang.

In 1993, it became the first enterprise to achieve dual compliance in the 100-million-yuan project.

In August 1993, the first communication optical cable in Zhejiang Province was successfully developed, filling a domestic gap within the province.

In October 1996, the company acquired Fuyang Thermal Power Plant (the predecessor of Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd.), marking the beginning of the Group’s acquisition and merger initiatives.

In February 1996, the company was upgraded to a provincial-level group and renamed Zhejiang Fuchunjiang Communication Group Co., Ltd.

In September 1998, the Group completed its shareholding reform, transitioning from a collective enterprise to a privately-owned enterprise.

In June 2000, the Group acquired Hangzhou Zhongce Cable Factory (the predecessor of Hangzhou Cable Co., Ltd.), which was established in 1958, becoming a classic example of a private enterprise acquiring a state-owned enterprise.

In January 2003, after 18 years of development, the Group was listed among the “Top 500 Chinese Private Enterprises” for the first time, joining the ranks of China’s leading private enterprises.

In January 2007, Hangzhou Cable Co., Ltd. commenced production of 500kV ultra-high voltage cables, once again filling a gap within the province.

In September 2010, Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd. successfully debuted on the Shenzhen A-share market, achieving a breakthrough as the first listed company in Fuyang.

In February 2012, Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd.acquired Quzhou Donggang Thermal Power, officially launching its external mergers and acquisitions strategy for leapfrog development as a listed company.

In February 2015, Hangzhou Cable Co., Ltd. successfully debuted on the Shanghai Stock Exchange, marking a new milestone in the Group’s combined “industrial operations” and “capital operations” development strategy.

In May 2015, on the 30th anniversary of its founding, the Group collaborated with Zhejiang University to establish the Fuchun Environmental Protection Research Institute and contributed 20 million yuan to establish the Yongtong Charity Care Fund.

In April 2016, Hangzhou Cable Co., Ltd. partnered with the University of New South Wales in Australia to initiate the research and development of graphene conductors. In June 2022, the project passed national-level appraisal, achieving a domestically pioneering and internationally leading technical standard.

In December 2017, Fuchun Environmental Protection, in collaboration with Zhejiang University, successfully developed the world’s first “Dioxin Online Monitoring System.” In July 2022, the core patent was awarded the prestigious “China Patent Gold Award.”

In October 2018, the Optical Communication Industrial Park was fully completed, breaking through technical barriers and establishing a complete industrial chain encompassing optical preforms, optical fibers, optical cables, and optical components.

In August 2019, Yaoyang Hospital partnered with Zhejiang Hospital (a top-tier provincial hospital) to establish a new integrated elderly care model combining medical treatment, nursing, and rehabilitation.

In October 2019, the Group’s “Smart Brain” big data platform officially began operations, accelerating the digital transformation of industries.

In January 2021, the Group released its 14th Five-Year Development Plan, establishing a 60 million yuan Employee Innovation Fund and Care Fund, and fully implementing the “Common Prosperity” action program.

In November 2023, as part of its commitment to the “Strengthening the Enterprise through Technology” strategy, the Group issued its Science and Technology Innovation Management Measures. Five of its subsidiaries were subsequently recognized as “Specialized and Innovative” enterprises in Zhejiang Province.

In December 2023, the first phases of the Jiangxi Hangzhou Cable Copper Foil Project and the Fujian Jiayue Environmental Protection Project were successfully commissioned, establishing a new green development pattern under the “One body, Two wings” strategy and embarking on a new journey toward high-quality development.

In 2024, Hangzhou Cable Co., Ltd. achieved the capability to produce 750kV ultra-high voltage cables, the highest level in the industry, solidifying its position among the top-tier enterprises in China.

In March 1985, Fuyang Post and Telecommunications Equipment Factory was established.

In July 1986, the first HYYV local telephone communication cable in Hangzhou was successfully developed, achieving an annual output value of 1 million yuan that year.

In 1992, Hangzhou Fuchunjiang Communication Equipment (Group) Co., Ltd. was established, becoming the first group company in Fuyang.

In 1993, it became the first enterprise to achieve dual compliance in the 100-million-yuan project.

In August 1993, the first communication optical cable in Zhejiang Province was successfully developed, filling a domestic gap within the province.

In October 1996, the company acquired Fuyang Thermal Power Plant (the predecessor of Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd.), marking the beginning of the Group’s acquisition and merger initiatives.

In February 1996, the company was upgraded to a provincial-level group and renamed Zhejiang Fuchunjiang Communication Group Co., Ltd.

In September 1998, the Group completed its shareholding reform, transitioning from a collective enterprise to a privately-owned enterprise.

In June 2000, the Group acquired Hangzhou Zhongce Cable Factory (the predecessor of Hangzhou Cable Co., Ltd.), which was established in 1958, becoming a classic example of a private enterprise acquiring a state-owned enterprise.

In January 2003, after 18 years of development, the Group was listed among the “Top 500 Chinese Private Enterprises” for the first time, joining the ranks of China’s leading private enterprises.

In January 2007, Hangzhou Cable Co., Ltd. commenced production of 500kV ultra-high voltage cables, once again filling a gap within the province.

In September 2010, Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd. successfully debuted on the Shenzhen A-share market, achieving a breakthrough as the first listed company in Fuyang.

In February 2012, Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd.acquired Quzhou Donggang Thermal Power, officially launching its external mergers and acquisitions strategy for leapfrog development as a listed company.

In February 2015, Hangzhou Cable Co., Ltd. successfully debuted on the Shanghai Stock Exchange, marking a new milestone in the Group’s combined “industrial operations” and “capital operations” development strategy.

In May 2015, on the 30th anniversary of its founding, the Group collaborated with Zhejiang University to establish the Fuchun Environmental Protection Research Institute and contributed 20 million yuan to establish the Yongtong Charity Care Fund.

In April 2016, Hangzhou Cable Co., Ltd. partnered with the University of New South Wales in Australia to initiate the research and development of graphene conductors. In June 2022, the project passed national-level appraisal, achieving a domestically pioneering and internationally leading technical standard.

In December 2017, Fuchun Environmental Protection, in collaboration with Zhejiang University, successfully developed the world’s first “Dioxin Online Monitoring System.” In July 2022, the core patent was awarded the prestigious “China Patent Gold Award.”

In October 2018, the Optical Communication Industrial Park was fully completed, breaking through technical barriers and establishing a complete industrial chain encompassing optical preforms, optical fibers, optical cables, and optical components.

In August 2019, Yaoyang Hospital partnered with Zhejiang Hospital (a top-tier provincial hospital) to establish a new integrated elderly care model combining medical treatment, nursing, and rehabilitation.

In October 2019, the Group’s “Smart Brain” big data platform officially began operations, accelerating the digital transformation of industries.

In January 2021, the Group released its 14th Five-Year Development Plan, establishing a 60 million yuan Employee Innovation Fund and Care Fund, and fully implementing the “Common Prosperity” action program.

In November 2023, as part of its commitment to the “Strengthening the Enterprise through Technology” strategy, the Group issued its Science and Technology Innovation Management Measures. Five of its subsidiaries were subsequently recognized as “Specialized and Innovative” enterprises in Zhejiang Province.

In December 2023, the first phases of the Jiangxi Hangzhou Cable Copper Foil Project and the Fujian Jiayue Environmental Protection Project were successfully commissioned, establishing a new green development pattern under the “One body, Two wings” strategy and embarking on a new journey toward high-quality development.

In 2024, Hangzhou Cable Co., Ltd. achieved the capability to produce 750kV ultra-high voltage cables, the highest level in the industry, solidifying its position among the top-tier enterprises in China.

On March 27, 2025, the 40th anniversary of the factory, the upgraded version of the 30 million yuan "Yongtong Forty Encouragement" public welfare fund was officially launched.

In July 1986, the first HYYV local telephone communication cable in Hangzhou was successfully developed, achieving an annual output value of 1 million yuan that year.

In 1992, Hangzhou Fuchunjiang Communication Equipment (Group) Co., Ltd. was established, becoming the first group company in Fuyang.

In 1993, it became the first enterprise to achieve dual compliance in the 100-million-yuan project.

In August 1993, the first communication optical cable in Zhejiang Province was successfully developed, filling a domestic gap within the province.

In October 1996, the company acquired Fuyang Thermal Power Plant (the predecessor of Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd.), marking the beginning of the Group’s acquisition and merger initiatives.

In February 1996, the company was upgraded to a provincial-level group and renamed Zhejiang Fuchunjiang Communication Group Co., Ltd.

In September 1998, the Group completed its shareholding reform, transitioning from a collective enterprise to a privately-owned enterprise.

In June 2000, the Group acquired Hangzhou Zhongce Cable Factory (the predecessor of Hangzhou Cable Co., Ltd.), which was established in 1958, becoming a classic example of a private enterprise acquiring a state-owned enterprise.

In January 2003, after 18 years of development, the Group was listed among the “Top 500 Chinese Private Enterprises” for the first time, joining the ranks of China’s leading private enterprises.

In January 2007, Hangzhou Cable Co., Ltd. commenced production of 500kV ultra-high voltage cables, once again filling a gap within the province.

In September 2010, Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd. successfully debuted on the Shenzhen A-share market, achieving a breakthrough as the first listed company in Fuyang.

In February 2012, Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd.acquired Quzhou Donggang Thermal Power, officially launching its external mergers and acquisitions strategy for leapfrog development as a listed company.

In February 2015, Hangzhou Cable Co., Ltd. successfully debuted on the Shanghai Stock Exchange, marking a new milestone in the Group’s combined “industrial operations” and “capital operations” development strategy.

In May 2015, on the 30th anniversary of its founding, the Group collaborated with Zhejiang University to establish the Fuchun Environmental Protection Research Institute and contributed 20 million yuan to establish the Yongtong Charity Care Fund.

In April 2016, Hangzhou Cable Co., Ltd. partnered with the University of New South Wales in Australia to initiate the research and development of graphene conductors. In June 2022, the project passed national-level appraisal, achieving a domestically pioneering and internationally leading technical standard.

In December 2017, Fuchun Environmental Protection, in collaboration with Zhejiang University, successfully developed the world’s first “Dioxin Online Monitoring System.” In July 2022, the core patent was awarded the prestigious “China Patent Gold Award.”

In October 2018, the Optical Communication Industrial Park was fully completed, breaking through technical barriers and establishing a complete industrial chain encompassing optical preforms, optical fibers, optical cables, and optical components.

In August 2019, Yaoyang Hospital partnered with Zhejiang Hospital (a top-tier provincial hospital) to establish a new integrated elderly care model combining medical treatment, nursing, and rehabilitation.

In October 2019, the Group’s “Smart Brain” big data platform officially began operations, accelerating the digital transformation of industries.

In January 2021, the Group released its 14th Five-Year Development Plan, establishing a 60 million yuan Employee Innovation Fund and Care Fund, and fully implementing the “Common Prosperity” action program.

In November 2023, as part of its commitment to the “Strengthening the Enterprise through Technology” strategy, the Group issued its Science and Technology Innovation Management Measures. Five of its subsidiaries were subsequently recognized as “Specialized and Innovative” enterprises in Zhejiang Province.

In December 2023, the first phases of the Jiangxi Hangzhou Cable Copper Foil Project and the Fujian Jiayue Environmental Protection Project were successfully commissioned, establishing a new green development pattern under the “One body, Two wings” strategy and embarking on a new journey toward high-quality development.

In 2024, Hangzhou Cable Co., Ltd. achieved the capability to produce 750kV ultra-high voltage cables, the highest level in the industry, solidifying its position among the top-tier enterprises in China.

On March 27, 2025, the 40th anniversary of the factory, the upgraded version of the 30 million yuan "Yongtong Forty Encouragement" public welfare fund was officially launched.

In March 1985, Fuyang Post and Telecommunications Equipment Factory was established.