Stand: 32F23
- Electronic & Electrical Components
Toly Electric Works Co., Ltd. (referred to as ""Toly Electric"" or ""the Company"") is a high-tech enterprise dedicated to the R&D, production, and sales of flat winding wire and related derivative products. Established in 1992, the Company has a registered capital of 87.5 million RMB, employs approximately 600 staff members, and maintains an annual production capacity of 55,000 tons. In 2020, following a shareholding reform and strategic restructuring aligned with operational requirements, Toly Electric became part of Gold Cup Electric Group (stock code: 002533). This integration positioned Toly Electric as a key brand within Gold Cup’s electromagnetic wire business, marking the beginning of a new phase in its development. For over three decades, Toly Electric has specialized in the development and production of flat winding wire products, including CTC wire, paper-covered single and multiple wires, enameled flat wire, wrapped wire, coils, and superconducting winding wires. The company’s products rank among the industry’s best in terms of technical performance, quality grades, product variety, and delivery capacity. They are widely employed in high-voltage and UHV power transmission and transformation equipment, rail transit systems, high-voltage motors, medical devices, new energy vehicles, clean energy equipment, superconducting magnets, and other fields. Toly Electric maintains long-term, in-depth collaborations with leading domestic and international enterprises such as ABB, Siemens, Toshiba, TBEA, XD, and CRRC. Its products are exported to numerous countries and regions, including Russia, Germany, Japan, Turkey, and Brazil. Recognized consistently as an excellent supplier and provider of high-quality services, the company has established a notable brand presence in the global winding wire industry. Toly Electric is a high-tech enterprise recognized as one of China's Top 100 Cable Industry Enterprises and a model enterprise for management advancement in the machinery industry. It has been designated as a Jiangsu Province Specialized, Specialized, and Innovative ""Little Giant"" Enterprise. The company has also received honors including the Jiangsu Province Quality Benchmark Award, the AA Grade Enterprise Quality Credit Rating, the Key Cultivation and Development International Famous Brand of Jiangsu Province, and the Jiangsu Province Demonstration Intelligent Workshop. Over the years, Toly Electric has developed extensive expertise in R&D management. The company has established several key provincial-level platforms, including the Jiangsu UHV Large-Capacity Transformer Winding Wire Engineering Technology Research Center, the Jiangsu Enterprise Technology Center, and a Jiangsu Postdoctoral Innovation Practice Base. It holds 53 authorized patents, 30 of which are invention patents. Toly Electric maintains deep industry-university-research collaboration with institutions such as the High Energy Physics Institute of the Chinese Academy of Sciences, Harbin Polytechnic University, Jiangnan University, and the Shanghai Electric Cable Research Institute. The company has also undertaken a number of national and provincial scientific and technological projects. Notably, its innovative special CTC for high-speed train traction transformers was included in the National Torch Plan as an industrialization demonstration project. In addition, Toly Electric plays a leading role in drafting national and industry standards, compiling technical training materials for the sector, and developing the winding wire industry’s Five-Year Plans from the “12th Five-Year” through the “14th Five-Year” period, demonstrating a strong exemplary influence in the advancement of industry technology. Embracing ""Raise the Gold Cup, Share the Development"" as its mission, Toly Electric is strategically committed to becoming the world’s leading winding wire manufacturer. Guided by the ""Five Unifications, Five Strengths"" party-building brand, the company integrates the collective wisdom and strength of all employees to comprehensively advance intelligent management. Through these efforts, Toly Electric strives to build a learning-oriented, innovative, and highly efficient organization, moving steadily toward the corporate vision of achieving both the “Industry Gold Cup” and the “Century Gold Cup.”
