Yangtze Optical Fibre Increases Related-Party Transaction Quota by 650 Million Yuan Amid AI Demand

MT Newswires Live10:56

Yangtze Optical Fibre and Cable (SHA:601869) disclosed a 650-million-yuan increase to its 2026 daily related-party transaction quota with YOFC Shanghai, SDG Fiber and Prysmian Group.

The increase reflects surging demand for fiber optic products driven by accelerated artificial intelligence data center construction, according to a Thursday aftermarket filing with the Shanghai bourse.

Shares of the cable manufacturer rose 10% on the Hong Kong bourse and 7% in Shanghai.

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