YOFC (06869) saw its shares rise 10.79% in the morning session, trading at HK$42.52 with a turnover of HK$1.369 billion.
Huatai Securities noted in a recent report that the company's core optical fiber and cable business continues to optimize its product mix, driven by AI computing demand. While traditional telecom fiber demand in China faces short-term pressure, high-end products for computing networks remain in strong demand. YOFC leads globally in the R&D and industrialization of next-gen hollow-core fiber technology.
Additionally, its subsidiary Changxin Boxiang's optical interconnect components—including MPO, AOC, and high-speed copper cables—have become key growth drivers, benefiting from North American AI data center expansion and overseas business growth.
On December 15, YOFC announced that its wholly-owned subsidiary, YOFC Capital, and controlled subsidiary Changxin Boxiang will jointly establish the "Shanghai M&A Private Equity Fund III Partnership (Limited Partnership)" with a total scale of RMB830 million. YOFC subsidiaries will contribute RMB100 million, targeting strategic emerging industries like advanced manufacturing and integrated circuits to enhance long-term competitiveness through professional investment resources.
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