Jiangsu Shenwang Group Co., Ltd was established in the year of 1976, with a registered capital of RMB 100 million (about USD 16.47 million). It’s located in Suzhou City, which is very close to Shanghai. The group corporation has five subsidiaries, one Sino-German joint venture and three factories. Among these factories, Suzhou factories occupy an area of 125,000 m2, with a building area of 80,000 m2. In 2012, the group corporation expanded again and invested a new factory “Powerful (Jiangsu) Industrial Co., Ltd ” in Taizhou City, Jiangsu Province. The new factory will have an investment of RMB 500 million(about USD 82.35 million) in total and covers an area of 200,000 m2, which will have a capacity of 150,000 tons for wire ropes and galvanized wires. Shenwang Group is one of large enterprises in China, which specializes in the R & D, manufacture and marketing of wire ropes and oil-quenching wires. The products are mainly applied in the industries of coal, petroleum, port, railway, steel factory, elevator, finishing, automobile and machinery. These products have been exported to tens of countries and regions, such as USA, Germany, Russia, Spain, Iran, Japan, South Korea, Hong Kong. With advanced technologies, high-end devices and stable quality, Shenwang has won the recognition and praise from customers home & abroad. Shenwang passed ISO 9000 certification in 1999, and API certification in 2006. Nowadays, Shenwang has built complete production and management systems. As a leading manufacturer of wire ropes, Shenwang Group is honored to be one of the National standards drafting units of “Steel wire ropes for general purposes” and “Steel wire ropes for important purposes”. Besides this, wire ropes with Shenwang brand are regarded as “Famous Trademark(awarded by Suzhou municipal government in 2009)”, “Famous Brand(awarded by Jiangsu provincial government in 2009)” and “High-tech enterprises (awarded by Jiangsu Provincial government in 2012)”.
