| Magnet Winding Wires Manufacturing | Production of insulated copper and aluminum magnet winding wires including round enamelled, paper insulated rectangular, and continuously transposed conductors. | High entry barriers with strong accreditations, advanced technology, long-standing client relationships, and geographic proximity to ports and customers. | B2B - OEMs in power transformers, renewables, railways, EV traction motors, home appliances, and industrial sectors. | Specialized magnet winding wires for HVDC and high voltage transformers command higher margins. | 1928 | 100 | Primarily revenue from sales to OEMs under long-term contracts with pricing adjusted for copper price volatility. | Back-to-back pricing model linked to copper prices, with direct sales and long-term agreements. | Capacity additions, export market expansion, rising demand in renewable energy, EVs, and industrial electrification. | |
