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The World's Largest Fiber Optic Cable Company Realizes A+H Share Listing
- Aug 04, 2018 -

As the world's  largest supplier of fiber optic cable, YOFC located in China Optical Valley, was successfully listed on the  Shanghai Stock Exchange on the 20th and officially became the first A+H  share listed company in Hubei Province.

This  time,YOFC sold a total of 75,759,100 A  shares, raising a total of about 2.024 billion RMB yuan. The main products  of the fundraising project are the company's main optical fiber preforms  and optical fibers. As a high-tech upstream  product in the fiber optic cable industry, optical fiber preforms can be  manufactured by only a small number of manufacturers worldwide.

At 9:30 am on the 20th, Changfei Fiber A shares were officially opened for trading. At  the end of 2017, Changfei Optical Fiber's optical fiber and preforms  have a global market share of 19.9%, and the optical cable has a global  market share of 13.3%, making it the world's largest fiber optic cable  supplier.