About YOFC Company

Changfei Optical Fiber & Cable Co., Ltd. is the world's leading supplier of optical fiber prefabricated rods, optical fibers, optical cables and other products related to the communication industry. It mainly produces and sells various standard optical fiber, optical cables, optical devices and modules related products widely used in the communications industry, and also designs and customizes special optical fibers and optical cables, integrated systems, engineering design and services of the specifications required by customers. The company has a complete product portfolio, provides various products and related solutions for the global communications industry and other industries (including utilities, transportation, petrochemicals and medical care), and provides high-quality products and services in more than 90 countries and regions around the world. Our company is a Sino-foreign joint venture registered and established in Wuhan City, Hubei Province in May 1988, formerly known as Changfei Optical Fiber and Cable Co., Ltd. The Company was restructured as a foreign-owned limited company on December 27, 2013, and renamed Changfei Optical Fiber and Cable Co., Ltd. On the same day, the Company's share capital was equivalent to a total share capital of 479,592,598 common shares, each with a face value of RMB 1.00. The Company's major shareholders include China Huaxin, Draka, and Changjiang Communications. On December 10, 2014, the Company's H shares were listed on the main board of the Hong Kong Stock Exchange Limited (“Hong Kong Stock Exchange”). On the same day, the Company issued a total of 159,870,000 H shares with a face value of RMB 1.00 per share at a price of HK$7.39 per H share through a public sale of the Company's H shares to Hong Kong and overseas investors. The Company completed the issuance of domestic shares and H shares to certain directors and selected employees and the private placement of H shares to four independent professional institutional investors on December 18, 2015. The Company issued a total of 42,652,000 shares (including H shares and domestic shares) with a face value of RMB 1.00 per share at a subscription price of HK$7.15 per share. The China Securities Regulatory Commission has approved the initial public offering of the Company's A shares, and the Company's A shares were listed on the Shanghai Stock Exchange on July 20, 2018. The Company issued 75,790,510 A shares to the public. The issue price for each A share was RMB 26.71, and 330,547,804 domestic shares were converted into A shares. With the issuance of A-shares, the Company has issued 757,905,108 shares (including 351,566,794 H shares and 406,338,314 A shares). Proceeds from the issuance of A-shares totaled RMB 2,024,364,522, while net proceeds (after deducting issuance expenses) totaled RMB 1,894,337,174.