On December 10, 2014, Yangtze Optical Fibre and Cable Joint Stock Limited Company (hereinafter referred to as YOFC, stock code: 6869.HK) was officially listed in HKEX, becoming the first and sole domestic company listed in Hong Kong which is specialized in the optical fibre preform, fibre and optical fibre cable. Through three years of feats, winged by investment, YOFC realizes sustainable and stable development, brings enormous earning to the investors. Today, YOFC welcomes the arrival of the third anniversary of being listed.

Until closing on December 8, 2017, the price of YOFC reached to HKD 37.2, the market value attained HKD 25.4 billion. As shown in the annual report, in 2014, YOFC’s income was RMB 5.68 billion, increased by 17.6% compared with the last year, and the net profit was RMB 460 million, increased by 11.8% compared with the last year. In 2015, the income was RMB 6.73 billion, increased by 18.6% compared with the last year, and the net profit was RMB 560 million, increased by 20.3% compared with the last year. In 2016, the income was RMB 8.1 billion, increased by 20.4% compared with the last year, and the net profit was RMB 680 million, increased by 21.5% compared with the last year. In the first three quarters of 2017, YOFC’s business income was RMB 7.4 billion, increased by 26.5% compared with the same period of the last year, and the net profit was approx. RMB 920 million, the net profit due for the equity holders was RMB 930 million, increased by 60.1% compared with the same period of the last year.

In the recent three years, the fast expansion in the global optic cable market, the improvement at business and profit level, and the steadiness of stock price in recent years have secured YOFC to have won high recognition in the capital market:

In May 2015, YOFC was included in the MSCI Global Small Cap Index China;

In November 2016, YOFC won two prizes ofBloomberg Business Weekly / Chinese Edition: “Annual Listed Companies in 2016” and “Best Investment Value Award”;

In March 2017, YOFC included in the Hang Seng Composite Medium and Small Cap Index Constituent Stock;

In September 2017, YOFC included in the Hang Seng Hong Kong Stock Connect Index Series Constituent Stock;

In October 2017, YOFC wonBloomberg Business Weekly / Chinese Edition “Annual Listed Companies in 2017” once again;

In November 2017, YOFC won the “Best Investment Value Award for Listed Companies” of China Securities Golden Bauhinia Awards.

The acquisition of these honors strengthens the reputation of YOFC and its brand awareness, at the same time also embodies the full confirmation to YOFC’s achievements and industrial leadership by the capital market. At present, YOFC has submitted the application to the China Securities Regulatory Commission for initial public offering of A-share, which has already been officially accepted for future arrangement.

Abiding by the core value of “Client-oriented, Responsibility, Innovation, Win-win”, YOFC will continue to promote the growth of the connotation of the businesses of optical  preform, optical fibre and optical cable, empower the technical innovation and intelligent creation, deepen the implementation of internationalization strategy, actively explore the multi-faceted development, improve the capital management with efforts, create more value to the shareholders and clients, and achieve the win-win situation with all interested parties.