On December 7, ZJWM Cable Material Technology Group announced that the company's subsidiary WM Polymer Technology Co., Ltd. plans to invest in the construction of the "310,000 tons of environmentally friendly new cable material industrial base" project, with an estimated total investment of 600 million yuan.
ZJWM stated that the project's products include environmentally friendly PVC cable materials, medium and high voltage shielding materials, and low-smoke halogen-free cable materials. The new cable material production base aims to become the world's leading polymer material production base.