Fiberhome Telecommunication Secures Guangdong Telecom Procurement Project Valued at RMB 336.4 Million

Deep News06-10

According to publicly available corporate data, Fiberhome Telecommunication Technologies Co.,Ltd. (SHSE: 600498) has been announced as the winning bidder for a procurement project from China Telecom Corporation Limited's Guangdong branch. The announcement, based on the tender results for the 'Phase II Server Procurement Project for the 2026 Guangdong Company Digital Life Cloud Disk and Supporting Expansion Project', was made on June 10, 2026, with the contract value amounting to RMB 33.6396 million.

Company Financial and Operational Overview

For the full year 2025, Fiberhome Telecommunication Technologies Co.,Ltd. (SHSE: 600498) reported total operating revenue of RMB 24.919 billion, representing a year-on-year decrease of 12.72%. Net profit attributable to the parent company's shareholders was RMB 436 million, a decline of 37.98% from the previous year. The company's return on equity (ROE) stood at 3.14%.

In the first quarter of 2026, the company generated operating revenue of RMB 4.51 billion, marking an 11.40% increase year-on-year. However, net profit attributable to the parent company's shareholders for the quarter was RMB 38 million, reflecting a decrease of 30.44%.

Business Segment Analysis

Operating within the information technology sector, Fiberhome Telecommunication Technologies Co.,Ltd. (SHSE: 600498) offers a diverse product portfolio. Its primary offerings include transmission equipment, servers and workstations, integrated circuits, switching equipment, access equipment, power transmission equipment, communication systems and platforms, communication cables, communication terminal equipment, and network management software.

According to its 2025 annual report, the company's revenue was primarily derived from the following segments: Communication Systems, accounting for 74.86% of total revenue; Optical Fiber & Cable, contributing 18.68%; Data Network Products, making up 5.7%; and Other Business, representing 0.76%.

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