Yangtze Optical Fibre and Cable Joint Stock Limited Company (hereinafter referred to as YOFC, stock code: 601869.SH, 06869.HK) recently won the second prize of the 2018 Technological Invention Award of Hubei Province. The awarded project entitled“New Optical Cable for Environmental Protection and Resource Saving and Its Complete Manufacturing Technology and Equipment,”submitted by Xiong Zhuang，et. al., stood out from other projects. This is also the first time that YOFC has won a technological invention award.
The project selected for the Technological Invention Award must conform to the following three principles: It has not been invented or disclosed yet; It is advanced and creative; and since implementation, it has created significant economic or social benefits. Most well-known universities and scientific research institutes have won this award, but enterprises have rarely won the award. This award indicates the society’s recognition for YOFC’s strong capability in cutting-edge research, development, and innovation.
YOFC aims to save resources, protect the environment, and solve major technical problems challenging the worldwide optical cable industry. YOKC has been joining forces with upstream material manufacturers and downstream operators to tackle key problems in manufacturing technology and efficient construction for new optical cables. Based on its own R&D platform, YOFC has developed new materials, explored new processes, and designed new equipment. It has developed a series of new optical cable products, high-speed complete manufacturing technology, and advanced digital equipment, thus filling the gaps in precise and high-speed manufacturing technologies and advanced equipment for optical cables, while protecting the environment and save the energy. As a whole, these products are world-leading.
Compared with traditional products, the series of new optical cables boast a low resource occupancy rate and high efficiency in construction. They help reduce gel pollution, change the traditional connecting construction mode, and significantly improve the construction efficiency. They are extremely competitive as they small and lightweight, and are especially suitable for the application scenario of dense wiring in shortage of underground pipe network resources. They have been used in more than ten countries, and have been widely used in projects such as New Zealand's National Broadband project, Costa Rica’s 4G communication network project, and Mexico's national backbone network project. The awarded project has been granted with four international PCT invention patents, eight Chinese invention patents, and has played a major role in developing one international standard and one industrial standard.
Innovation helps build a country and makes an enterprise stronger. Adhering to its mission of “Smart Link Better Life”, YOFC will strive to gain a bigger slice of the intelligent manufacturing industry under the concept of innovation and green development. Focusing on the latest market trends and technical directions in the industry, the Company will increase its investment in the R&D in optical cables. In addition to serving the local economy, it will meet the country's major strategic needs and take a leading position in the industry to drive the vigorous development of the optical communication industry.