[advertise]广告[/advertise]February 23, 2010, Dongguan, one of the largest optical fiber and cable manufacture in mainland China, Hengtong group (600487 Shanghai Stock market) just announced they will invest 250million RMB in Songshan lake industry zone of Dongguan city, Guangdong province to build their southern manufacturing base. In the future, Hengtong will mainly develop and manufacture new special fiber, cable, copper cable in this base. The predicated revenue will reach 400 million RMB each year. Mr. Qian,jianlin, general manager of Hengtong pointed out that they would make Songshan lake base as their southern headquater. Songshan lake base will help Hengtong develop southern market, even southeast Asia market quickly. With 1.5billion RMB market value, Hengtong now has nearly 18% market share in China's fiber and cable market. Their new fiber preform product will also help them gain more market share in the coming years.