Yangtze Optical Fibre Discloses Minor Global Market Share for Data Center Fiber Products

Stock News02-10

Yangtze Optical Fibre And Cable Joint Stock Limited Company (601869.SH) has issued an announcement concerning unusual stock price movements. The company noted recent significant market attention on the rising demand for new types of fiber optic cables related to computing data centers, business developments of overseas peers, price fluctuations in the telecommunications fiber market, and Co-Packaged Optics (CPO) business.

Currently, the volume of fiber optic cable products used for internal data center connections and interconnections represents a relatively small proportion of total global market demand. Meanwhile, overall demand from domestic and international customers for fiber optic cables used in the telecommunications market remains stable.

The impact of product price fluctuations on the company's future performance will require comprehensive assessment based on future market conditions and the company's business situation. The company clarified that it is not currently engaged in any CPO-related business.

Investors are advised to be mindful of investment risks, make rational decisions, and invest prudently.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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