Copper, as my country's second most important strategic resource after oil, has seen a rapid increase in consumption in recent years, with import dependence currently reaching as high as 60%. Authoritative data shows that without imports, my country's copper resources can only last for a few more years. How to ensure the security and sustainable supply of copper raw materials has become a major strategic issue concerning national development and security. Against this backdrop, Hebei Xinyi Cable Co., Ltd. invented a rare-earth high-speed rail aluminum alloy power cable, achieving a major breakthrough in the cable industry by "replacing copper with aluminum alloy." This product has completely independent intellectual property rights, and boasts superior performance, lower price, and wider applications, hailed as a material revolution in non-ferrous metals.
To promote the wider application of new cable conductor technologies, the China-Shijiazhuang Cable Conductor New Technology Application Promotion Conference was recently held in Shijiazhuang. More than 500 leaders and experts from design units, construction units, and related enterprises across the country attended the conference. Yu Guiliang, President of Hebei Xinyi Cable Co., Ltd., introduced the research achievements of new cable conductor technologies, while experts such as Lei Qingquan and Lin Zemin introduced the development trend of cables and related industry information.