Chasers of the Light, Boundless Possibilities Ahead!
Zhongli firmly believes that this light represents dreams, hope, and perhaps even faith.
Upholding integrity, dedication, unity, and innovation,
the people of Zhongli embark on the journey bravely, filled with vision for the future.
We chase the light all the way, and walk toward the brightness.
In the first half of 2025, following its restructuring, Zhongli Group regrouped and embarked on a new journey under the leadership of its major shareholder, C&D Inc. Returning to the market with a renewed image and high morale, and relying on its solid foundation and determination to rise from adversity, the Group achieved steady progress in all businesses and continuously consolidated its team foundation.
Guided by the global trend of sustainable development and the national “Dual Carbon” strategy, the Group fully promoted intelligent manufacturing transformation, compliant operation and green development, and joined hands with customers and partners to embark on a new journey of high-quality and sustainable development of China’s manufacturing industry.
【Cable Division】 Consolidating the Market Foundation
The Group focused on technological innovation and in-depth development in segmented sectors, pursuing excellence and professionalism rather than blind expansion. By addressing practical pain points and building a diversified product matrix, it stood out in the competition with robust technical solutions, reliable quality and strong reputation, and won several major projects:
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Won the 100-million-yuan centralized bidding for power cables from China Tower in 2025, steadily expanding its share in the operator market and re-establishing its leading position in the sector.
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Secured signal cable contracts totaling over 120 million yuan for multiple key national railway projects, validating its capability and experience in major national infrastructure construction.
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Shortlisted for the DC and liquid-cooled charging cable project of a leading industry player, with a total demand exceeding 60 million yuan, winning high recognition and praise from customers for its outstanding quality.
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Won bids in the 2025 State Grid Agreement Inventory Tendering in East, North, Northeast and Central China, covering low-voltage power cables, 10kV medium-voltage power cables and aerial insulated conductors, with a cumulative award of nearly 55 million yuan. This marked substantial progress in credit restoration and operational capacity rebuilding, and achieved full coverage of four of the six core regions of State Grid, demonstrating the nationwide adaptability and competitiveness of its products.
In the first half of the year, the Group actively participated in domestic and overseas exhibitions to keep abreast of emerging market trends:
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Attended professional exhibitions in smart energy, energy storage and charging in Munich, Indonesia, Shanghai, Chongqing and other cities.
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At the eMove360° Europe in Munich, Germany, its liquid-cooled cables became a highlight with innovative technology and superior performance, and the scenario-based application of charging pile cables fully proved the products’ market adaptability.
By exploring new business formats and new energy markets, and driven by the dual engines of high-end applications and intelligent integration, the Group laid a foundation for diversified development. The successful certification of overseas production facilities also marked a solid step forward in its international expansion.
【PV Division】 Deeply Engaged in Global Energy Transition
Talesun Solar – a world-leading new energy enterprise under Zhongli Group – injected strong momentum into the Group’s globalization:
Built on quality, validated by certifications
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Talesun Solar returned to the BloombergNEF (BNEF) Tier 1 PV Module Manufacturer List.
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Operates a complete reliability testing laboratory for materials and products, certified as a witnessed laboratory by TÜV SÜD, TÜV Rheinland and DEKRA, and has maintained CNAS accreditation for 9 consecutive years.
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During SNEC Shanghai, awarded “TOP PERFORMER” for PV module reliability by the global authority Kiwa, becoming one of only 9 companies worldwide to achieve top performance across seven tests.
In the first half of the year, it participated in nearly 30 PV exhibitions and forums across Asia, North America, Europe, Africa and the Middle East, showcasing high-efficiency PV modules (TOPCon, HJT, BC) and supporting energy storage systems, highlighting its technical strength and supply chain advantages.
Going forward, Talesun Solar will take “Full-Scenario Energy Coverage” as its core strategy, deepen integrated “PV + Energy Storage” solutions, increase R&D in PV-storage integration technology, and promote scenario-based applications. With its parent company returning to the normal track of the capital market, Talesun Solar is poised for significant growth in both domestic and overseas markets.
【Technology Division】 Empowering Competitiveness through Innovation
Centered on the dual-core business structure of
“Cables + PV”, the Group actively applied for national and local key technology projects and continuously increased R&D investment.
To date, the Group holds
326 valid invention patents, 655 utility model patents and 8 design patents. It is driven by the dual wheels of “meeting market and key customer needs” and “grasping industry development trends”.
Cable Sector: Focused on demand, breaking through technologies
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Developed 5 new products including hermetic cables for ships and rail signal cables for subways.
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Applied for projects such as National 5G Factory and Suzhou Key Technical Research, approved for 16 scientific and technological projects including high-end industrial talents and innovation consortiums, receiving over 2 million yuan in government funding.
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Led the release of two group standards:
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Irradiation cross-linked polyolefin cable compounds for long-life civil building cables (improving safety and service life)
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10kV~35kV heat-resistant low-dielectric-loss grafted polypropylene insulated power cables (filling an industry gap)
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Passed the intellectual property management system certification and won the Third Prize of Liaoning Science and Technology Progress Award.
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Leveraged preferential policies such as additional tax deductions for R&D expenses and credits for advanced manufacturing to reduce tax burdens and costs, and deepened industry-university-research cooperation.
PV Sector: Trinity of Patent, Standard and Brand
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Strengthened R&D of key cutting-edge technologies based on technological innovation and intellectual property advantages to achieve high-quality development.
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Maintained continuous R&D investment and IPR protection. In the first half of the year, it successfully passed the expert acceptance of Suzhou High-Value Patent Cultivation Project, marking further progress in IPR management, technological innovation and achievement transformation.
【Corporate Culture】 Uniting Strength through Culture
The Group has always taken cultural development and management improvement as the “anchor” of strategy implementation, uniting all employees to move forward in unison:
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System innovation: Formulated new Human Resources Management Regulations and Reward and Punishment Management Regulations, revised the Employee Handbook, optimized management systems, and implemented the culture of scientific operation and compliant development.
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Talent development: Carried out training on quality management, risk control, multi-skilled employee training, skill examinations and professional title evaluations. It also held lectures on corporate culture, integrity and compliance to strengthen professional ethics.
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Cultural communication: Led by Party building, supported by trade unions, the Group organized traditional cultural and sports activities to enrich employees’ lives. It built online platforms including the official WeChat “Zhongli Community” and offline workshop bulletin boards to convey Party spirit, corporate updates and culture.
【Digital Transformation】 Intelligent Upgrading for Operations
To accelerate digital transformation, the Group implemented a series of strategic upgrades:
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Upgraded group-level IT management: The Digital Center was officially established, integrating internal and external resources and digital needs to greatly improve management efficiency. In terms of security, a bastion host was added and SD-WAN technology was adopted for efficient cross-regional networking, strengthening network connection and data interaction between headquarters and branches.
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Deployed five unified core systems: OA, EHR, instant messaging, fund management and business travel platforms, forming an end-to-end digital collaboration ecosystem. This realized data connectivity, business integration, resource optimization and process reengineering, laying a solid foundation for the Group’s transition to intelligent, platform-based and ecological operation.
The Group will continue to deepen system integration and functional upgrading to consolidate core competitiveness and achieve leapfrog development in the digital era.
Future Outlook
Zhongli Group will uphold the “Cables + PV” core structure and actively explore the integration of technology and industrial upgrading:
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Strengthen global R&D and production-supply-marketing capabilities, integrate into the dual-circulation development, and expand high-value overseas markets.
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Promote digital and intelligent transformation to provide fundamental technical support for global smart manufacturing.
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Strive to transform from a “technology follower” to an “industry enabler”.
In the race of industrial development, only by deeply cultivating technology with long-term thinking, planning industrial ecology with global vision, and illuminating the intelligent future through collaborative innovation can we achieve sustainable success.
