Re-soldering after touch strip help (see picture)

hey all,

I am repairing a korg wavestation. I am aware of the extreme corrosion. I am going to clean up the cables and re-solder them. I notice though, there are 3 cables at the plug and 2 on the after touch strip. is this correct? I cut off the cable, and it seems to be a concentric neutral of some sort, as it wrapped around the white and red wires. What do I do with that? just leave it?

It’s a shielded cable, but the shield is not connected to the strip. That’s fine. The strip is basically a resistor, which changes value as it is pressed. Like a resistor, it has only two ‘wires’.