Yang Fei, Chairman of Zhong Super Holdings: Increasing concentration in the cable industry will help alleviate industry "internal folding".
Currently, the "overlapping" phenomenon in China's cable industry is serious. Yang Fei, Chairman of Super Holdings, a listed company in the cable industry, told reporters that the market share of the top ten companies in the industry is less than 15%. In contrast, the market concentration of countries such as the United States, Japan, and France is higher, with the market share of the top ten companies exceeding 70%, 65%, and 90% respectively. Compared to mature markets, if the market share of the top ten companies in China's cable industry can be increased to over 30%, it is believed that the degree of "overlapping" in the industry will be alleviated.
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