Yangtze Optical Fibre (601869.SH): Global Fiber Optic Cable Market Conditions Normal; Data Center-Related New Products Constitute a Small Proportion of Total Demand

Stock News02-02

Yangtze Optical Fibre And Cable Joint Stock Limited Company (601869.SH) has issued an announcement regarding an unusual fluctuation in its stock price, stating that the company has noted the market's heightened focus on the supply-demand dynamics and price volatility of fiber optic cable products in the telecommunications sector, as well as on products related to computing data centers. The current market environment for the global fiber optic cable industry is normal, and the impact of fluctuations in product unit prices on the company's future performance requires a comprehensive assessment based on forthcoming market conditions and the company's specific business situation. Furthermore, new products associated with data centers represent only a minor fraction of the total global demand for fiber optic cables; the company respectfully advises all investors to be mindful of investment risks, make rational decisions, and invest prudently.

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