Dajin Precision Electric Co., Ltd. announced that it has established a joint venture with Shenzhen Dongfang Optoelectronics Co., Ltd. to manage and manage energy-saving projects and LED lighting, as well as sales and marketing of LED lighting and other energy-saving products. Aerial bundled cable is a type of electrical cable that is used for overhead power distribution. It consists of several insulated conductors that are bundled together and covered by a protective sheath. The conductors are usually made of aluminum or copper and are insulated with cross-linked polyethylene or polyvinyl chloride . LV XLPE ABC Aluminium Cable,ABC aerial bundled cable,Aerial Bundled Electrical Cable,Spacer Overhead Insulated line Aluminum cable Ruitian Cable CO.,LTD. , https://www.rtlinecable.com
The company said that on January 18, 2010, Dajin Jingdian and Dongfang Optoelectronics, Zhu Jianqin and TC (BVI) have entered into an investment cooperation agreement and a supplemental agreement, pursuant to which, after the conditions precedent to the establishment of the joint venture company were fulfilled, the East Optoelectronics, Mr. Zhu and TC (BVI) have agreed to jointly establish a joint venture company (30%, 19% and 51% by Dongfang Optoelectronics, Zhu Jianqin and TC (BVI) respectively) to operate and manage energy-saving projects and LED lighting and sales and Market promotion of LED lighting and other energy-saving products.
After the completion of the conditions precedent of the acquisition, the company has agreed to acquire the 19% equity interest in the joint venture from Mr. Zhu at a consideration of HK$28,400,000. The consideration will be partially paid in cash (HK$10,000,000), in part for issuance and allotment. Payment by way of consideration of shares (HK$18,400,000).
The Group's establishment of a joint venture will further diversify the company's product range, improve its product mix and enhance its ability to resist risks and profitability. 
ABC is commonly used in rural areas and in locations where underground cabling is not feasible or cost-effective. It is also used in urban areas for low voltage distribution and street lighting. ABC is designed to withstand extreme weather conditions, such as high winds, snow, and ice.
One of the main advantages of ABC is that it requires less maintenance than traditional overhead lines. The insulated conductors are less likely to come into contact with each other or with trees and other objects, reducing the risk of power outages and other issues.
ABC also offers improved safety compared to traditional overhead lines. The insulation on the conductors reduces the risk of electrical shock and fire, and the bundled design reduces the risk of accidental contact with the wires.
Overall, ABC is a reliable and cost-effective solution for overhead power distribution, particularly in areas where underground cabling is not feasible.