Stock Code: 601869.SH / 06869.HK

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2016 Central Purchasing Result (Second Batch) of China Mobile for Common Optical Cable Announced: YOFC Ranks First Again

  • 2017-07-10
  • 2031
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In October 2016, Yangtze Optical Fibre and Cable Joint Stock Limited Company (stock code: 06869.HK, hereinafter referred to as "YOFC") won the bidding for common optical cable central purchasing by China Mobile and ranked first (with a share of 16.77%, equal to 10.25 million core km) in terms of purchasing shares.Recently, China Mobile announced the list of enterprises that won bids for common optical cable purchasing (second batch) for the year of 2016. 14 optical cable manufacturers are among the list (Please seethe annex). YOFC again leads the list with a share of 17.75%.It is reported that the scale of this central purchasing is about 2,379,600 sheet km, equal to 67,604,900 core km, about 10% larger than the first batch (about 2,157,000 sheet km, equal to 61,143,500 core km). The central purchasing of two times aggregately amounted to about 128 million core km, with contract value of approximately 16 billion yuan. In proportion, YOFC won the bidding for common optical cable central purchasing by China Mobile for the year of 2016 of about 12 million core km, with contract value of about 1.463 billion yuan. According to demand satisfaction period of common optical cable central purchasing by China Mobile issued in October 2016, the demand satisfaction period of the second purchase of common optical cable central purchasing by China Mobile for the year of 2016 is expected to be from July 2017 to December 2017.

 

Since YOFC commenced production in 1992, its sales and production volume of optical fibre and optical cable products has ranked No. 1 for 24 consecutive years. In 2016, YOFC's three main businesses, namely optical fibre preform, optical fibre and optical cable, all ranked No.1 in the world.Optical fibre and cable products and various kinds of network construction solutions of YOFC can meet different needs of users of relevant industries, and are widely used by telecom operators such as China Telecom, China Mobile, and China Unicom, as well as in the fields of electric power, broadcasting, transportation, education, chemical industry, petroleum and medical treatment. Adhering to the quality value of "Keep improving, quality excellence", YOFC has been providing high quality products and services to customers and thus won trust and support from mass customers.

YOFC deems it its duty to achieve the goal of "Smart link, better life", adheres to the core value of "Customer, responsibility, innovation and win-win", and strives to be "a leader in the fields of information transmission and intelligent connection".

 

Annex: The list of enterprises that won bids for common optical cable purchasing (second batch) for the year of 2016:

 

Yangtze Optical Fibre and Cable Joint Stock Limited Company (17.75%);

 

Hangzhou Futong Communication Technology Joint Stock Company Limited (14.65%);

 

Jiangsu Hengtong Optic-electric Company Limited (12.43%);

 

Tongding Interconnection Information Co., Ltd (14.85%);

 

Fiberhome Communication Technology Joint Stock Company Limited (9.76%);

 

Jiangsu Zhongtian Technology Joint Stock Company Limited (6.51%);

 

Hubei Kaile Science and Technology Co., Ltd. (5.59%);

 

Chengdu Corning Optical Cable Company Limited (2.72%);

 

Shenzhen SDG Information Co., Ltd. (2.66%);

 

Shandong Pacif Optics Fibre and Cable Co., Ltd. (2.66%);

 

Jiangsu Nanfang Communication Technology Company Limited (2.66%);

 

Furukawa Electric Xi’an Optical Communication Co., Ltd. (2.66%);

 

Hongan Group Co.,Ltd(2.80%)

 

Shantou High-tech Zone Aoxing Photo-communication Equipment Co., Ltd. (2.30%).

 

 

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