Core Viewpoint - Changxin Bochuang (300548.SZ) plans to sign a management agreement with Changfei Optical Fiber and Cable Co., Ltd. and Sichuan Guangheng Communication Technology Co., Ltd. for the management of daily operations at Sichuan Guangheng, which is a subsidiary of Changfei Optical Fiber and a controlling shareholder of Changxin Bochuang [1] Group 1 - The agreement involves three parties: Changxin Bochuang, Changfei Optical Fiber, and Sichuan Guangheng [1] - Changfei Optical Fiber is the controlling shareholder and actual controller of Changxin Bochuang [1] - The transaction is classified as a related party transaction under the Shenzhen Stock Exchange's Growth Enterprise Market listing rules [1]

Core Viewpoint - The company, Changxin Bochuang (300548.SZ), plans to sign a management agreement with Changfei Optical Fiber and Cable Co., Ltd. and Sichuan Guangheng Communication Technology Co., Ltd. to manage the daily operations of Sichuan Guangheng, which is a subsidiary of Changfei Optical Fiber, the company's controlling shareholder and actual controller [1] Group 1 - The agreement involves three parties: Changxin Bochuang, Changfei Optical Fiber, and Sichuan Guangheng [1] - The transaction is classified as a related party transaction according to the Shenzhen Stock Exchange's rules for the Growth Enterprise Market [1]

Core Viewpoint - Changxin Bochuang announced plans to sign a management entrustment agreement with its controlling shareholder, Changfei Fiber and Sichuan Guangheng, to manage the daily operations of Sichuan Guangheng, constituting a related party transaction but not a major asset restructuring [1] Group 1: Transaction Details - The management entrustment period will start from January 1, 2026, lasting for 24 months [1] - A fixed management fee of 500,000 yuan per year will be charged, with a variable fee of 5% on net profit exceeding the previous year's amount [1] Group 2: Financial Performance - For the first three quarters of 2025, Changfei Fiber reported revenue of 10.275 billion yuan and a net profit of 541 million yuan [1] - Sichuan Guangheng reported revenue of 502 million yuan and a net profit of 5.9162 million yuan during the same period [1] Group 3: Approval and Oversight - The transaction has been approved by the board of directors, and the sponsoring institution has no objections [1]

Group 1 - The top three companies with the highest short positions are Vanke Enterprises (02202), COSCO Shipping Holdings (01919), and Heng Rui Medicine (01276), with short ratios of 18.48%, 16.79%, and 15.54% respectively [1][2] - The companies with the largest absolute increase in short positions are CATL (03750), Lens Technology (06613), and UBTECH Robotics (09880), which increased by 2.35%, 2.34%, and 1.29% respectively [1][2] - The companies with the largest absolute decrease in short positions are Changfei Optical Fiber (06869), Mao Ge Ping (01318), and Meilan Airport (00357), which decreased by -1.26%, -0.68%, and -0.67% respectively [1][2] Group 2 - The latest short ratio for Vanke Enterprises (02202) is 18.48%, down from 19.04% previously [3] - The latest short ratio for COSCO Shipping Holdings (01919) is 16.79%, down from 16.79% previously [2] - The latest short ratio for Heng Rui Medicine (01276) is 15.54%, up from 3919.30 million shares to 4011.67 million shares [2]

Core Viewpoint - Changfei Fiber's stock price has experienced significant fluctuations, with a year-to-date increase of 303.08% but a recent decline of 6.02% over the past five trading days [1] Company Overview - Changfei Fiber Optic Cable Co., Ltd. is located in Wuhan, Hubei Province, and was established on May 31, 1988, with its listing date on July 20, 2018 [2] - The company focuses on the telecommunications industry, specializing in the research, innovation, and manufacturing of optical fiber preforms, optical fibers, and cables, forming a complete industrial chain [2] - The revenue composition includes optical transmission products (60.25%), optical interconnection components (22.61%), and others (17.13%) [2] Financial Performance - For the period from January to September 2025, Changfei Fiber achieved an operating income of 10.275 billion yuan, representing a year-on-year growth of 18.18%, while the net profit attributable to shareholders decreased by 18.02% to 470 million yuan [2] - The company has distributed a total of 2.129 billion yuan in dividends since its A-share listing, with 943 million yuan distributed over the past three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders increased by 112.91% to 48,200, with an average of 0 circulating shares per person [2] - Notable shareholders include Debon Xinxing Value A, which is the sixth largest shareholder with 3.7323 million shares, and Hong Kong Central Clearing Limited, which is the seventh largest shareholder with 3.1874 million shares, having decreased its holdings by 2.7622 million shares [3]

智通财经APP讯，长飞光纤光缆(06869)发布公告，近日，公司收到武汉长江通信产业集团股份有限公司 (简称"长江通信")出具的《关于减持长飞光纤股票计划实施完毕的告知函》。截至2025年12月26日，长 江通信已通过集中竞价交易方式累计减持了公司110万股A股股票，占公司总股本的0.14%。长江通信本 次减持计划实施完毕。 ...

智通财经APP讯，长飞光纤光缆(06869)发布公告，近日，公司收到武汉长江通信产业集团股份有限公司 (简称"长江通信")出具的《关于减持长飞光纤股票计划实施完毕的告知函》。截至2025年12月26日，长 江通信已通过集中竞价交易方式累计减持了公司110万股A股股票，占公司总股本的0.14%。长江通信本 次减持计划实施完毕。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 長飛光纖光纜股份有限公司 Yangtze Optical Fibre and Cable Joint Stock Limited Company* （於中華人民共和國註冊成立之股份有限公司） （股份代號：6869） 海外監管公告 本公告由長飛光纖光纜股份有限公司（「本公司」）根據香港聯合交易所有限公司證 券上市規則第13.10B條作出。 以下為本公司於上海證券交易所網站刊發之《長飛光纖光纜股份有限公司5%以上 股東減持股份結果公告》，僅供參閱。 承董事會命 長飛光纖光纜股份有限公司 Yangtze Optical Fibre and Cable Joint Stock Limited Company* 证券代码：601869 证券简称：长飞光纤 公告编号：临 2025-062 长飞光纤光缆股份有限公司 5%以上股东减持股份结果公告 董事長 馬杰 中國武漢，二零二五年十二月二十九日 於本公告日期，董事會包 ...

Group 1 - The stock of Changfei Optical Fiber and Cable (06869.HK) has dropped over 6%, currently down 6.66% at HKD 52.55 [1] - The trading volume reached HKD 1 billion [1]

消息面上，12月27日，长飞光纤发布公告称，近日，公司收到长江通信出具的《关于减持长飞光纤股票 计划实施完毕的告知函》。截至2025年12月26日，长江通信通已过集中竞价交易方式累计减持了公司 110万股A股股票，占公司总股本的0.14%。长江通信本次减持计划实施完毕。 智通财经APP获悉，长飞光纤光缆(06869)跌超6%，截至发稿，跌6.66%，报52.55港元，成交额10.01亿 港元。 （原标题：港股异动 | 长飞光纤光缆(06869)跌超6% 长江通信减持公司110万股A股股票） ...