After Yangtze Optical Fibre and Cable Joint Stock Limited Company (stock code: 06869. HK, hereinafter referred to as “YOFC”) won the bidding in China Mobile’s central purchasing of ordinary optical cable in 2016 as the first one (share: 16.77%) in October 2016, another good news came in January 2017 that YOFC won the bidding in China Telecom’s centralized purchasing of G.652D optical fiber in 2016, with a share of 16.91%, ranking the second.
Since 2016, under the guidance of national thirteenth Five-year plan and the constant drive of “BD China”, “integration of three networks”, “speed increase and cost reduction” and other macro policies, China information construction has been constantly rising. In January 2017, National Development and Reform Commission and the Ministry of Industry and Information Technology released Three-year Action Plan for Major Project Construction of Information Infrastructures, with 92 information infrastructure projects expected to be constructed from 2016 to 2018 and total investment of 1,200 billion yuan, further promoting communication network construction.
As the largest supplier of preform, optical fiber and cable in the world, YOFC has fully caught the market opportunity and become the only enterprise that masters three mainstream preform manufacturing processes in the world through independent research and development and technology introduction and built the leading preform supply capacity. “YOFC manufacturing, quality first”, the company has always taken quality as its development base and both its product quality and brand have been widely accepted and successively won proud achievements in operator central purchasing, which are all inseparable from clients’ trust and support. With market shortage of optical fiber and cable, YOFC will give full play to its supply advantage to improve product quality and fully support China’s communication network and information construction.
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