Affected by international macroeconomic conditions, electrolytic copper prices have recently experienced significant fluctuations, posing major challenges for cable companies in locking down order costs. The Wire and Cable Branch of the China Electrical Equipment Industry Association recently publicly recommended promoting a "copper price floating" pricing mechanism in large project tenders and long-term supply contracts. This mechanism adjusts the contract price based on the floating average copper price on the Shanghai Nonferrous Metals Market at the time of delivery. Already piloted in some power grid tenders, it is expected to help manufacturers and clients reasonably share raw material risks and ensure the industry's healthy development.