Yangtze Optical Fibre And Cable Joint Stock Limited Company has become the A-share listed company with the highest market capitalization in Hubei province, and currently the only one whose market value surpasses 100 billion yuan.
Specifically, on the first trading day of 2025, January 2, the closing price of Yangtze Optical Fibre was 28.40 yuan per share. By February 13, 2026, which was the last trading day of the lunar year 2025, the closing price had reached 213.39 yuan per share, resulting in a market capitalization of 176.7 billion yuan. This means that in just over a year, the company's stock price accumulated an increase of 651.37%.
So, why has Yangtze Optical Fibre gained such recognition in the capital markets? Information shows that the company's main business involves the research, development, production, and sales of fiber preforms, optical fibers, optical cables, and related products. Its primary products are fiber preforms, optical fibers, and optical cables.
Driven by AI demand, market need for optical fiber has surged. According to CRU data, in January 2026, the spot price for domestic G.652.D bare optical fiber increased by 79% month-on-month and 92% year-on-year, with a cumulative increase of over 100% since May 2025.
Analysts believe the price increase for optical fiber is primarily driven by a reversal in supply and demand. Supply is tightening due to longer expansion cycles for upstream preform capacity, and manufacturers are shifting capacity towards higher-margin, multi-core premium products like G.654.E ultra-low loss fiber and G.657.A2, leading to reduced supply of traditional G.652.D fiber. On the demand side, upgrades are occurring, with AI data center construction becoming a core driver. The demand for high-bandwidth, low-latency fiber from AI data centers can be several times that of traditional data centers, spurring a sharp increase in demand for optical cables with high fiber counts. A GF Securities research report indicated that the average price for G.652.D fiber in January 2026 had already exceeded 40 yuan per core kilometer, reaching a nearly seven-year high.
As a global leader in optical fibers and cables, Yangtze Optical Fibre has maintained the leading global market share in preforms, optical fibers, and optical cables for nine consecutive years. Its technological barriers and large-scale production capacity give it a competitive advantage in the high-end product market. Furthermore, the company's silicon carbide wafer business began mass production in 2025 and passed automotive-grade certification, with this diversification enhancing long-term growth expectations.
It is noteworthy that despite positive fiber demand, Yangtze Optical Fibre's net profit attributable to shareholders for the first three quarters of 2025 showed a decline. During the reporting period, the company's revenue was 10.275 billion yuan, a year-on-year increase of 18.18%, while net profit attributable to shareholders was 470 million yuan, a year-on-year decrease of 18.02%. Full-year 2025 results have not yet been announced.
As Hubei's highest-valued A-share listed company, what are the compensation levels like at Yangtze Optical Fibre? Data from Securities Star shows that in 2024, Yangtze Optical Fibre had a total of 4,358 employees, a year-on-year increase of 38.26%. The average employee compensation was 361,800 yuan, a year-on-year decrease of 36.83%. Revenue per employee was 2.7989 million yuan, down 33.93% year-on-year, and profit per employee was 133,400 yuan, down 64.28% year-on-year.
According to the company's 2024 financial report, the total compensation for directors, supervisors, and senior management last year was 31.1743 million yuan. Eight individuals within this group received compensation exceeding 2 million yuan. President Zhuang Dan received compensation of 5.6353 million yuan, the highest among the directors, supervisors, and senior management.
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