002953RifengSZSE

Guangdong Rifeng Electric Cable Co., Ltd.

日丰股份

002953

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryElectrical Machinery and Equipment Manufacturing
ListedMay 9, 2019
Websitewww.rfcable.com.cn
IR Emailrfgf@rfcable.com.cn
Phone(+86)760-85115672
AddressNo. 28, Ganglong Middle Road, Xiqu Subdistrict, Zhongshan, Guangdong

Company Profile

After years of development, the company has become a leading and highly influential manufacturer in the industry, equipped with a comprehensive R&D system, quality control system, manufacturing system, and marketing system. In the fierce market competition, the company possesses strong competitive advantages, primarily reflected in the following aspects: (1) Product Positioning Advantages The company's main products are rubber-sheathed cables, which offer performance advantages over plastic-sheathed cables, primarily reflected in the following aspects: ①Greater flexibility allows for frequent bending and twisting; ②Superior wear resistance, suitable for frequent dragging; ③It has good mechanical properties and can resist mechanical damage from certain levels of external force; ④Better flame retardancy, less prone to combustion; ⑤Superior electrical performance with excellent dielectric strength and insulation properties. (2) Scale Advantage For many years, the company has focused on the research, development, production, and sales of rubber-sheathed cables, accumulating extensive experience in this field, establishing a high reputation, and gaining strong scale advantages. Through years of operation and development, the company has become a highly influential rubber-sheathed cable manufacturer in the industry. As the company continues to expand in the rubber-sheathed cable sector and enhance its production scale, it leverages its scale advantages to strengthen its bargaining power in raw material procurement. By securing favorable prices through centralized purchasing, the company can reduce procurement costs, lower manufacturing costs, and decrease unit production costs. This approach also facilitates efficient resource utilization, reduces operational costs, and thereby enhances the company's market competitiveness. (3) Advantages of Mandatory Product Safety Certification The company's wire and cable products not only strictly comply with relevant national, industry, and corporate standards but also adhere to international standards such as IEC, EN, and UL in production. The company's related products have obtained domestic certifications including the "China Compulsory Product Certification Certificate" and the "Guangdong Province International Standard Adoption Product Recognition Certificate," as well as international safety certifications from over 20 countries and regions, including UL, CM, CE, VDE, NF, BSI, CSA, KC, and PSE, along with DNV's ISO14001 environmental management system certification. (4) Talent cultivation advantages Over the years, the company has established a multi-level comprehensive R&D team with a reasonable age, professional and R&D direction structure through independent training and talent introduction. Its research personnel specialize in various support and application fields such as cables, electromechanical, electronics, polymers, chemical engineering, etc. The R&D direction covers every link in the entire industry chain from basic materials, production equipment and processes, testing equipment and technology to targeted products and application support, providing technical support for the company to continue to win market recognition in the future. At the same time, the company has closely cooperated with universities, forming a unique "integration of industry, academia, and research" model, and has been approved to establish a Guangdong Province Postdoctoral Innovation Practice Base to ensure the continuous development of research and innovation driving forces. At the same time, the company focuses on strengthening discussions and technical exchanges with professional institutions and professionals in the industry, continuously promoting the improvement of the company's research and development level. (5) Research and development technology advantages For a long time, the company has been based on independent research and development. The company has the ability to independently design and develop high-end equipment flexible cables, special wires and cables, and special material formulas.At the same time, the company has mastered low-cost and high-quality raw material formulas, which can reduce the company's product costs while ensuring stable and reliable product quality, improve the company's profit level, and indirectly create benefits for customers; In addition, the company will extend product development and design work based on customer or market needs, develop targeted products that meet customer functional requirements, provide complete technical implementation solutions, and bring greater value to customers. In terms of production technology, the company adopts internationally advanced irradiation crosslinking technology to gradually replace traditional steam crosslinking technology. In the subdivision field of rubber sheathed wires and cables in China, the company's application of this technology has reached the forefront of the industry. (6) Product quality and performance advantages The company adheres to the product quality and performance policy of "quality first, customer first", and insists on meeting users' various performance requirements for products while ensuring stable quality. In terms of standardized production management, the company has successively passed ISO9001:2015 quality system certification, ISO14001:2015 environmental management system certification, and IATF 16949:2016 automotive industry quality management system certification. In terms of product quality and performance testing, the company has obtained the laboratory accreditation certificate from the China National Accreditation Service for Conformity Assessment, marking a new level in the company's research and development testing capabilities. This will provide stronger technical support for product research and development design, production and manufacturing, quality and performance, and have a profound impact on Rifeng Corporation and the entire industry. (7) Marketing and service advantages The company has gradually established a relatively complete marketing system, adhered to differentiated market service strategies and product direct sales sales models, set up corresponding sales areas according to different geographical regions, and has a group of technically proficient and skilled compound marketing talents, providing customers with comprehensive service solutions covering everything from pre selection, design consulting, technical communication to installation and laying guidance, product quality tracking, etc. The company adheres to the business philosophy of "starting from the core and providing attentive service", and has established a department specifically responsible for sales and service, as well as a comprehensive user profile system. We comprehensively and completely record information on product selection, construction, and operation for users, and continuously update customer information through regular visits or letter visits. Especially for high-end customers, we provide personalized services such as product customization, improvement, adjustment, and maintenance. Pre sales, fully understand customer requirements, so that the company's products can meet customer needs to the greatest extent possible; During sales, the company provides personalized solutions and develops targeted products to meet specific customer needs; After sales, the company can respond quickly, develop solutions, and dispatch technical personnel to the site based on customer feedback in a short period of time.

Full description

Guangdong Rifeng Electric Cable Co., Ltd. (hereinafter referred to as "Rifeng Cable") was established in 2009. As a leading player in the cable industry within the Pearl River Delta region, it stands as a leading domestic provider of specialty cables and green cable solutions. In May 2019, the company listed on the Shenzhen Stock Exchange SME Board under the stock code 002953.The company primarily engages in the R&D, production, and sales of specialty equipment cables, new energy cables, communication equipment, and other electrical equipment cables. Its product portfolio includes specialty equipment cables, new energy cables, communication equipment assemblies, air conditioning connection assemblies, and small household appliance wiring assemblies, widely applied across fields such as wind power generation, new energy, communication and marine engineering, port machinery, construction machinery, shipbuilding, as well as common household appliances, robots, power tools, lighting, and outdoor equipment. With years of dedication in the wire and cable industry, the company specializes in the technological research, application, and promotion of rubber-sheathed wire and cable products. It has developed multiple core technologies and patents, mastering a series of mature processes related to wire and cable manufacturing. Adhering to a customer-centric approach, the company is committed to delivering safe, environmentally friendly, and high-quality wire and cable products. It has been honored with titles such as "Guangdong Provincial Green Manufacturing Factory," "Guangdong Top 500 Enterprises," "China's Most Competitive Cable Industry Enterprises," and "China's Comprehensive Cable Supplier Powerhouses." After over three decades of focused development and refinement, the company has emerged as a leader in the rubber-sheathed wire and cable segment.

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