Tongling Jingda Special Magnet Wire Co., Ltd.

Tongling Jingda Special Magnet Wire Co., Ltd. Overview

Company Headquarters: Tongling City, China

Founded: 1990

Workforce: ~2,925

Company Working: Tongling Jingda Special Magnet Wire Co., Ltd. (Jingda) is a leading high-tech firm in China. The company is one of the largest producers of special magnet wire in China and holds the third position of special magnet wire producer in the world. It operates 12 subsidiaries (four joint venture enterprises, six domestically financed companies, and two trade companies). The company offers magnetic wire for household appliances, electronics, automotive, electric power, communication, and power tools. The products of the company are certified with ISO9001 quality system, TS16949, ISO14001 environmental management system, OHSAS18001 occupational health and safety system, and UL certification. The annual production capacity of magnet wire is around 154,020 tonnes. Also, it produces 48,036 tonnes of automobile wire and electronic wire, 2,840 tonnes of special conductors, 6,350 tonnes of a copper rod (wire), 13,650 tonnes of aluminum rod (wire), and manufacturing and maintaining 181,000 dies. It has a provincial-level technical development center and four manufacturing facilities in Anhui, Guangdong, Tianjin, and Jiangsu. The major market for the product is the Changjiang River Delta, the Pearl River Delta, and the Bohai Rim Region including Europe and South Asia countries.

Strategy

Tongling Jingda Special Magnet Wire Co., Ltd. strives to expand its global presence through joint ventures, and partnerships between its operating companies. These initiatives have led to increased sales and market share gains for the company and helped the company to grow. Additionally, the company focused on innovation, development, and win-win results in becoming the local leading and globally advanced firm in the magnet wire industry by pursuing quality and high efficiency. Moreover, the company is making significant efforts to enter new industries and progressively implementing the two-wheeled development strategy of conventional business and emerging industries to create an intelligent industrial environment.

Company Snapshot

2,925

Employees

1990

Founded

Tongling City, China

Headquarters

SWOT Analysis

Strengths

Largest special magnet wire manufacturer in China and third among world
Successful product portfolio

Weaknesses

Limited global presence as compared to competitors
Fewer development related to automotive magnet wire market

Opportunities

Focused on innovation, and development of special magnet wire
Strategies towards global expansion

Threats

Fluctuating raw material prices
High competition from global players

Product Offering

Tongling Jingda Special Magnet Wire Co., Ltd.
- Enameled Copper Mgnet Wire
- Enameled Aluminum Magnet Wire

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