Since July, the national stock market has plummeted, and netizens have dubbed the "city" with the most green areas. The People's Bank of China announced on the 27th that it will lower the benchmark deposit and lending interest rates starting on the 28th, while reducing the deposit reserve ratios of banks. This is the first time the central bank has made a "double drop" punch in seven years to stabilize the economy. Under economic pressure, all walks of life have maintained an attitude of sitting and watching. The real estate is sluggish, the transportation industry is not active, and the manufacturing of new energy is also stagnant. In this case, the wire and cable industry as an upstream company is naturally severely affected. In the context of the national economic downturn, how should the wire and cable industry find another way out?

First, focus on building a brand in the security industry. Due to the economic downturn, the national treasury is in deficit, and the interest rate of banks is lowered. In order to make capital turnover to earn more profits, people naturally turn to real estate investment and other real estate investment. The situation will be repeated again. The state may introduce policies to relax the suppression of real estate. Stimulate national capital flow. At the same time, smart home security, as a downstream industry of real estate, will gradually become active. At this time, entering the security cable industry and creating a wire and cable brand trusted by customers is extremely scientific and forward-looking.

Sheng brand security product series: signal control cables (AVVR, RVVP, RVSP), security power cables (RVB, RVV, AVR, RV), video cables (SYV, SYWV, RG), network cables, audio cables, elevator cables, etc.

Second, expand the international market and win new profit growth points. The economic downturn has prompted the wire and cable industry to actively carry out international capacity cooperation, actively meet the needs of relevant countries, and drive domestic wire and cable products to go abroad through foreign project contracting and investment, and promote the upgrading of Chinese manufacturing in the international market competition.


Sheng Brand has long been longing for the international market and has made unremitting efforts in the manufacturing of environmentally friendly and energy-saving wires and cables (low-smoke and halogen-free series) in the international market, research and development of production technology, exploration of new service models, and introduction of new equipment.