长飞光纤光缆股份有限公司 独立董事提名人声明与承诺 提名人长飞光纤光缆股份有限公司董事会，现提名曾宪芬先生为长飞光纤光 缆股份有限公司第四届董事会独立董事候选人，并已充分了解被提名人职业、学 历、职称、详细的工作经历、全部兼职、有无重大失信等不良记录等情况。被提 名人已同意出任长飞光纤光缆股份有限公司第四届董事会独立董事候选人（参见 该独立董事候选人声明）。提名人认为，被提名人具备独立董事任职资格，与长 飞光纤光缆股份有限公司之间不存在任何影响其独立性的关系，具体声明并承诺 如下： 三、被提名人具备独立性，不属于下列情形： （一）在上市公司或者其附属企业任职的人员及其配偶、父母、子女、主要 社会关系（主要社会关系是指兄弟姐妹、兄弟姐妹的配偶、配偶的父母、配偶的 兄弟姐妹、子女的配偶、子女配偶的父母等）； （二）直接或者间接持有上市公司已发行股份 1%以上或者是上市公司前十 名股东中的自然人股东及其配偶、父母、子女； （三）在直接或者间接持有上市公司已发行股份 5%以上的股东或者在上市 公司前五名股东任职的人员及其配偶、父母、子女； （四）在上市公司控股股东、实际控制人的附属企业任职的人员及其配偶、 父母、子女 ...

证券代码：601869 证券简称：长飞光纤 公告编号：临 2024-026 长飞光纤光缆股份有限公司 关于召开 2024 年第一次临时股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2024 年第一次临时股东大会 召开的日期时间：2024 年 11 月 22 日 14 点 00 分 召开地点：湖北省武汉市东湖新技术开发区光谷创业街 65 号长飞光纤总部 大楼 2 楼多功能会议室 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 11 月 22 日 至 2024 年 11 月 22 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互 联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 股东大会召开日期：2024年11月22日 ...

长飞光纤2024年第一次临时股东大会会议资料 长飞光纤光缆股份有限公司 2024 年第一次临时股东大会 会议资料 二〇二四年十一月 长飞光纤2024年第一次临时股东大会会议资料 长飞光纤光缆股份有限公司 2024 年第一次临时股东大会会议资料 六、 大会审议事项 | 序 号 | 议案名称 | 投票股东类型 | | | --- | --- | --- | --- | | | | 股股东 A H | 股股东 | | 非累积投票议案 | | | | | 1 | 关于授权发行债务融资工具的议案 | √ √ | | | 2 | 关于补选独立非执行董事的议案 | √ √ | | 一、 会议时间：2024 年 11 月 22 日（星期五）14 时 00 分召开 二、 会议方式：采取现场会议及网络投票形式 三、 会议召集人：董事会 四、 股权登记日：2024 年 11 月 18 日（星期一） 五、 会议地点：湖北省武汉市东湖新技术开发区光谷创业街 65 号长飞光纤总 部大楼 2 楼多功能会议室 长飞光纤2024年第一次临时股东大会会议资料 审议资料 长飞光纤光缆股份有限公司（以下简称"公司"）第四届董事会第八次会议审 议通过 ...

长飞光纤光缆股份有限公司 独立董事候选人声明与承诺 本人曾宪芬，已充分了解并同意由长飞光纤光缆股份有限公司董事会提名为 长飞光纤光缆股份有限公司第四届董事会独立董事候选人。本人公开声明，本人 具备独立董事任职资格，保证不存在任何影响本人担任长飞光纤光缆股份有限公 司独立董事独立性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行政法规、部门规 章及其他规范性文件，具有 5 年以上法律、经济、会计、财务、管理或者其他履 行独立董事职责所必需的工作经验。 二、本人任职资格符合下列法律、行政法规和部门规章以及公司规章的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）中国证监会《上市公司独立董事管理办法》、上海证券交易所自律监 管规则以及公司章程有关独立董事任职资格和条件的相关规定； （四）在上市公司控股股东、实际控制人的附属企业任职的人员及其配偶、 父母、子女； （五）与上市公司及其控股股东、实际控制人或者其各自的附属企业有重大 业务往来的人员，或者在有重大业务往来的单位及其控股股东、实际控制人任职 的人员； （六）为上市公司及其控股股东、实际控制人或者其各自附 ...

证券代码：601869 证券简称：长飞光纤 公告编号：临 2024-025 二〇二四年十一月三日 长飞光纤光缆股份有限公司董事会 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 长飞光纤光缆股份有限公司（以下简称"公司"、"本公司"）董事会近日 收到高级副总裁闫长鹍先生的书面辞职报告。闫长鹍先生因退休原因，申请辞去 公司高级副总裁的职务。该辞任于 2024 年 11 月 1 日生效。 闫长鹍先生与公司董事会并无不同意见，亦无与其辞职有关的事项需要提请 公司股东注意。 长飞光纤光缆股份有限公司 闫长鹍在公司任职期间，以卓越的领导才能和专业素养，为公司的发展做出 了杰出贡献。公司董事会在此对闫长鹍先生表示衷心感谢。 关于高级管理人员辞任的公告 ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price set at 26.92 CNY per share, indicating a potential upside based on expected market performance [7]. Core Views - The company has shown signs of recovery in its third-quarter performance, with a year-on-year revenue decrease of 13% for the first three quarters, but a 7.5% year-on-year increase in revenue for the third quarter [1]. - The demand for optical cables in China is expected to recover in 2025, with a projected growth rate of 2.3%, while global demand is anticipated to grow at 6.2% [2]. - The company is making progress in developing new optical fiber products, including G.654.E fiber and hollow-core fibers, which are expected to enhance performance in various applications [3]. - The planned acquisition of a 30% stake in Baosheng Ocean Engineering Cable is expected to strengthen the company's position in the marine engineering sector and enhance synergies with existing cable products [4]. Financial Performance Summary - For the first three quarters of 2024, the company reported a total revenue of 8.694 billion CNY, a 13% decrease year-on-year, and a net profit of 573 million CNY, down 35% year-on-year [1]. - The third quarter alone saw a revenue of 3.346 billion CNY, marking a 7.5% increase year-on-year and a 13% increase quarter-on-quarter [1]. - The company has revised its profit forecasts upwards, expecting net profits of 854 million CNY, 1.035 billion CNY, and 1.250 billion CNY for 2024, 2025, and 2026 respectively [5]. Market Outlook - The report highlights a potential recovery in demand for optical cables, particularly for data center applications, which are expected to grow significantly from 5% of total demand in 2024 to 11% by 2029 [2]. - The company is positioned to benefit from the anticipated growth in the optical fiber market, especially with its new product developments and strategic acquisitions [3][4].

Investment Rating - The report maintains a "Recommend" rating for the company [1][3] Core Views - The company's revenue and non-GAAP net profit turned positive in 24Q3, driven by improved shipments due to AI demand [1] - The company's cost control and cash flow have improved, with AI-related product shipments expected to further enhance gross margins [1] - CRU predicts a bottoming out of domestic fiber demand in 2024, with a recovery expected in 2025, driven by rebounds in the US and European markets and stabilization in China [1] - Global fiber demand is expected to rise, supported by AI infrastructure construction and overseas telecom transmission growth, as evidenced by Corning's strong performance [1] Financial Performance - In 24Q3, the company achieved revenue of RMB 3.346 billion, a YoY increase of 7.46%, and non-GAAP net profit of RMB 188 million, a YoY increase of 28.48% [1] - The company's gross margin in 24Q3 was 27.67%, up 1.95 percentage points YoY but down 1.12 percentage points QoQ [1] - The company's operating cash flow in 24Q3 was RMB 530 million, showing both YoY and QoQ growth [1] - Accounts receivable and notes receivable totaled RMB 6.036 billion at the end of 24Q3, a YoY increase of 7.3%, slower than revenue growth [1] Industry Outlook - Global fiber optic cable demand is expected to remain flat in 2024 but grow by 6.2% in 2025, reaching 568 million core kilometers [1] - The Chinese market is expected to shift from negative growth in 2024 to a 2.3% growth in 2025, driven by increased investment in cloud computing and data centers [1] - Multimode fiber demand is expected to grow at an annual rate of 10%, driven by data center applications [1] - Chinese manufacturers are establishing overseas cable production facilities to mitigate anti-dumping risks and serve local markets, leading to rising fiber exports [1] Financial Forecasts - The company is expected to achieve net profits attributable to the parent company of RMB 1.216 billion, RMB 1.332 billion, and RMB 1.417 billion in 2024, 2025, and 2026, respectively [1] - The corresponding P/E ratios are projected to be 17x, 15x, and 14x for 2024, 2025, and 2026, respectively [1] - Revenue is forecasted to grow by 5.14%, 9.21%, and 7.69% in 2024, 2025, and 2026, respectively [4] - Gross margins are expected to remain stable, with slight improvements from 24.37% in 2024 to 25.53% in 2026 [4] Key Financial Metrics - The company's ROE is projected to be 10.02%, 10.17%, and 10.04% in 2024, 2025, and 2026, respectively [4] - The debt-to-asset ratio is expected to remain around 51% over the forecast period [4] - Earnings per share (EPS) are forecasted to be RMB 1.60, RMB 1.76, and RMB 1.87 in 2024, 2025, and 2026, respectively [4]

证券代码：601869 证券简称：长飞光纤 公告编号：临 2024-023 长飞光纤光缆股份有限公司 第四届董事会第十次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 长飞光纤光缆股份有限公司（以下简称"公司"、"本公司"）第四届董事 会第十次会议于 2024 年 10 月 30 日以现场及通讯方式召开。会议通知和议案材 料等已按照《长飞光纤光缆股份有限公司章程》（以下简称"《公司章程》"） 规定送达各位董事审阅。会议应参加表决董事 12 名，实际参加表决董事 12 名 （其中 4 名独立董事），会议由董事长马杰先生主持。会议的召开符合有关法律、 行政法规、部门规章、规范性文件和《公司章程》的规定。经与会董事认真审议， 以逐项投票表决方式通过了以下议案，并形成如下决议： 一、 审议通过公司《2024 年第三季度报告》 表决结果：同意 12 票，反对 0 票，弃权 0 票。 本议案已经公司第四届审计委员会 2024 年第四次会议审议通过。 表决结果：同意 12 票，反对 0 票，弃权 0 票。 具体内容详见同日披露 ...

证券代码：601869 证券简称：长飞光纤 公告编号：临 2024-024 长飞光纤光缆股份有限公司 关于公司及下属公司 2024 年度开展原材料期货及 衍生品套期保值交易业务的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 交易业务情况概述 1、 交易目的 宝胜（扬州）海洋工程电缆有限公司、武汉长飞通用电缆有限公司、安弗施 无线射频系统（苏州）有限公司等公司下属公司均从事电力线缆生产相关业务， 而铜与铅为生产所需主要原材料。为有效降低该等原材料价格波动对生产成本造 成的影响，提升相关业务抵御风险的能力，公司及下属公司拟开展基于日常生产 交易信息：长飞光纤光缆股份有限公司（以下简称"公司"、"本公司"）及下 属公司拟开展电力线缆生产所需原材料铜和铅的期货及衍生品套期保值交 易业务，包括铜和铅的期货及期权等相关组合产品交易。 交易目的：为规避铜和铅市场价格波动风险，仅以套期保值为目的开展套期 保值交易。 交易金额：公司及下属公司拟开展的原材料期货及衍生品套期保值交易业务 额度为人民币10亿元、套期保值 ...

Financial Performance - The company's operating revenue for Q3 2024 was CNY 3,346,410,877, representing a year-on-year increase of 7.46%[3] - Net profit attributable to shareholders for the same period was CNY 195,188,365, a decrease of 28.65% compared to the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 188,053,360, showing an increase of 28.48% year-on-year[3] - Basic earnings per share for Q3 2024 was CNY 0.26, down 27.78% from the same period last year[3] - Total operating revenue for the first three quarters of 2024 was CNY 8.69 billion, a decrease of 13.4% compared to CNY 10.03 billion in the same period of 2023[16] - Net profit for the first three quarters of 2024 was CNY 519.73 million, a decline of 37.0% from CNY 825.27 million in the same period of 2023[17] - Basic earnings per share for the first three quarters of 2024 were CNY 0.76, down from CNY 1.16 in the same period of 2023[17] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 30,624,524,627, an increase of 5.09% compared to the end of the previous year[4] - As of September 30, 2024, the total assets of the company amounted to CNY 30,624,524,627, an increase from CNY 29,142,343,893 as of December 31, 2023, representing a growth of approximately 5.08%[13] - The company's current assets totaled CNY 14,863,461,018, up from CNY 14,556,294,870, indicating an increase of about 2.10%[11] - The total liabilities of the company reached CNY 15,810,084,598, up from CNY 14,744,846,456, representing a growth of approximately 7.21%[14] - Long-term borrowings increased to CNY 5,391,283,988 from CNY 4,855,183,468, which is an increase of about 10.99%[14] - The equity attributable to shareholders increased to CNY 11,584,906,129 from CNY 11,307,108,305, reflecting a growth of about 2.45%[14] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 743,933,346, reflecting a 10.97% increase compared to the previous year[3] - Cash flow from operating activities generated CNY 743.93 million, an increase of 10.9% from CNY 670.38 million in the same period of 2023[18] - Cash received from investment recoveries was CNY 2.77 billion, a substantial increase from CNY 1.03 billion year-over-year[18] - Total cash inflow from investment activities was CNY 2,989,826,108, while cash outflow was CNY 5,122,046,794, resulting in a net cash flow of -CNY 2,132,220,686[19] - Cash inflow from financing activities amounted to CNY 4,584,885,164, with cash outflow of CNY 3,953,895,773, leading to a net cash flow of CNY 630,989,392[19] - The net increase in cash and cash equivalents was -CNY 755,807,320, with a beginning balance of CNY 3,774,557,783, resulting in an ending balance of CNY 3,018,750,463[19] Shareholder Information - Major shareholders include China Huaxin Post and Telecommunications Technology Co., Ltd., holding 23.73% of shares[7] - The company reported a total of 179,827,794 shares held by China Huaxin Post and Telecommunications Technology Co., Ltd., making it one of the largest shareholders[9] - The company has not reported any significant changes in shareholder participation in margin trading or securities lending activities[10] Expenses and Income - Total operating costs decreased to CNY 8.12 billion, down 12.1% from CNY 9.25 billion year-over-year[16] - The company reported a significant drop in investment income, with a loss of CNY 180.18 million compared to a gain of CNY 136.87 million in the previous year[16] - Research and development expenses remained stable at CNY 559.04 million, slightly up from CNY 558.71 million year-over-year[16] - The company reported a decrease in sales expenses to CNY 336.25 million, down from CNY 347.72 million in the previous year[16] - Other comprehensive income after tax was CNY 3.78 million, a significant drop from CNY 80.99 million in the same period of 2023[17] Non-Recurring Items - Non-recurring gains and losses for the current period totaled CNY 7,135,005, significantly lower than CNY 265,001,496 for the year-to-date[5] - The company experienced a decline in net profit due to a decrease in revenue scale leading to a drop in gross profit[6] Future Outlook - The company plans to implement new accounting standards starting in 2024, which may affect the financial statements[20]