The development of China's wire harness industry can be traced back to the 1940s, and was mainly used in the military and aerospace fields in the early days. The development and growth of the industry have benefited from the transfer of the world's wire harness and cable manufacturing center. Since the reform and opening up, thanks to domestic labor costs and resource advantages, China has quickly become a new wire harness production base in the world, and wire harness manufacturers in Europe, America, Japan and other countries have set up factories in China, which has promoted the rapid development of the domestic wiring harness industry.

From the perspective of overall market demand, the demand scale and demand categories of wire harness in the Chinese market are also increasing year by year. On the one hand, it stems from the continuous growth of high-end equipment manufacturing industries such as industrial automation and the automotive industry. On the other hand, China is increasingly becoming the world's manufacturing base, wiring harnesses are used as upstream supporting products in many industries such as consumer electronics, automobiles, rail transit and military machinery and equipment, and the market demand is steadily increasing.

The scale and variety of China's wire harness product market demand is also increasing year by year. The technologies of communication equipment, consumer electronics, automobiles, industrial automation and medical treatment are continuously upgraded and the scale is growing rapidly, thus continuously promoting the development of the wire harness market. According to statistics, the size of China's wire harness market in 2016 reached 265.3 billion yuan, an increase of 7.73% year-on-year in 2015. The compound growth rate of China's wire harness market in the five years from 2012 to 2016 reached 6.52%, exceeding the growth level of the global market of 3.90%. According to forecasts, China's wire harness market will reach 387.8 billion yuan in 2021, accounting for 39.81% of the global market share, and the 5-year compound growth rate will reach 6.24%.

KABLE-X Technology（Suzhou）Co., Ltd has been engaged in the production, processing and custom wiring harness for 20 years. Facing the new challenge of the national dual-control policy, we believe that it will also be a new opportunity for KABLE-X Technology（Suzhou）Co., Ltd. We will deploy reasonably and work together to provide customers with high-quality wiring harness.