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]

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]

Core Viewpoint - Changfei Fiber Optics (601869) shares fell over 6%, closing down 6.66% at HKD 52.55, with a trading volume of HKD 1 billion [1] Group 1: Company Actions - On December 27, Changfei Fiber Optics announced that it received a notification from Yangtze Communication (600345) regarding the completion of its stock reduction plan [1] - As of December 26, 2025, Yangtze Communication has cumulatively reduced its holdings by 1.1 million A-shares, representing 0.14% of the total share capital of Changfei Fiber Optics [1]

Group 1 - Zhuolang Intelligent's subsidiary plans to increase capital by 900 million yuan to its wholly-owned subsidiary in Xinjiang [1] - Zhenhua Heavy Industry signed a contract worth 1.149 billion yuan with Guangzhou Salvage Bureau for a deep-water crane ship construction project [2] - Ugreen Technology intends to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its global strategy [3] Group 2 - Guangsheng Nonferrous Metals will change its stock name to Zhongxi Rare Metals starting December 31, 2025 [4] - China Electric Research proposed a cash dividend of 2.5 yuan per 10 shares for the first three quarters of 2025 [5] - Chaoyan Co. is establishing a fund with professional investment institutions, aiming to raise 1 billion yuan [6] Group 3 - Silk Road Vision's subsidiary plans to sell 8.5% of Ruijun Technology for 52.7 million yuan [7] - Longgao Co.'s actual controller is transferring 4.37% of the investment development group's equity for 398 million yuan [8] - Weiteou signed a strategic cooperation agreement with Huaruixin Energy to develop new materials and applications [9][10] Group 4 - Annuoqi decided to terminate the investment in a 50,000-ton dye intermediate project due to market changes, with a total investment of 421 million yuan [12] - Akoli's subsidiary has entered trial production for a project with an annual capacity of 20,000 tons of polyether amine [13] - Ningbo Construction's subsidiary signed a construction contract worth 451 million yuan for a comprehensive utility tunnel project [14] Group 5 - Zhejiang Rongtai and Weichuang Electric plan to establish a joint venture in Thailand for R&D and production of mechatronic components [15] - Jiuzhoutong's subsidiary received a drug registration certificate for isopropazine injection [16] - Huaqin Technology's subsidiary signed a daily operation contract worth 392 million yuan [17] Group 6 - ST Meichen completed the sale of 100% equity in Hainan Meichen Ecological Development Co., Ltd. [18] - Pulite's LCP film products have begun mass production for a leading customer in the consumer electronics industry [19][20] - Nanjing Public Utility's major shareholder transferred 7.61% of the company's shares for 300 million yuan [21] Group 7 - Solar Energy terminated the investment in a 150 MW distributed photovoltaic project due to increased investment risks [22] - Yuntian Lifa won a 122 million yuan project for AI development in Longgang [23] - Changchun High-tech's subsidiary received acceptance for a clinical trial application for GenSci141 ointment [24] Group 8 - Changfei Optical Fiber's major shareholder completed a share reduction plan, selling 1.1 million shares for approximately 104.5 million yuan [25] - Sandam Membrane plans to apply for a comprehensive credit limit of up to 100 million yuan for 2026 [26] - Aisecurity received a government subsidy of 3.4611 million yuan [27] Group 9 - Stone Technology's H-share issuance has received approval from the China Securities Regulatory Commission [28] - Hongxing Development's subsidiary plans to suspend production to comply with national hazardous chemical relocation policies [29] - Guodian Nanzi's vice president and chief engineer resigned [30] Group 10 - Jianghe Group's subsidiary won a bid for a city renovation project in Haikou worth approximately 112 million yuan [31] - Gaotie Electric's subsidiary won a bid for a railway project worth 59.0317 million yuan [32] - Huicheng Co. plans to introduce a new partner to its major shareholder [33] Group 11 - Pumen Technology's folic acid testing kit received a medical device registration certificate [34] - Hai Xin Co.'s vitamin B6 injection passed the consistency evaluation for generic drugs [35] - Taiji Group's shareholder plans to merge with its subsidiary [36] Group 12 - Shengyi Electronics adjusted the maximum repurchase price to no more than 144.36 yuan per share [37]

Group 1 - The core point of the article is that Changfei Fiber (SH 601869) announced the completion of a share reduction plan, where Jiang Communications has reduced its holdings by 1.1 million A-shares, accounting for 0.14% of the company's total share capital [1] - As of the end of 2024, Changfei Fiber's revenue composition is primarily from optical communication, which constitutes 97.7% of total revenue, while other businesses account for 2.3% [1] - The current market capitalization of Changfei Fiber is 100.9 billion yuan [1]

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 本公司董事会、全体董事及相关股东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： 股东持股的基本情况 本次减持股份计划实施前，武汉长江通信产业集团股份有限公司（以下简称 "长江通信"）持有长飞光纤光缆股份有限公司（以下简称"公司"）119,937,010 股 A 股股份，占公司总股本的 15.82%。上述股份全部来源于公司首次公开发行 A 股股票并上市前持有的股份，且已于 2021 年 7 月 22 日起上市流通。 | 股东名称 | 武汉长江通信产业集团股份有限公司 | | --- | --- | | 减持计划首次披露日期 | 年 月 日 2025 9 5 | | 减持数量 | 1,100,000股 | | 减持期间 | 2025 年 9 月 26 日～2025 年 12 月 26 日 | | 减持方式及对应减持数量 | 股 集中竞价减持，1,100,000 | | 减持价格区间 | 81～107.86元 ...

长飞光纤(601869.SH)公告称，公司5%以上股东长江通信已通过集中竞价交易方式累计减持公司 1,100,000股A股股票，占公司总股本的0.14%，减持计划实施完毕。减持价格区间为81～107.86元/股， 减持总金额为1.04545亿元。减持后，长江通信持有公司118,837,010股A股，占公司总股本的15.68%。 ...

Group 1 - The core viewpoint emphasizes the transformation and innovation within the textile industry, highlighting the role of private enterprises in driving high-quality development through technology and system upgrades [1] - The Erdos Cashmere Group has transitioned from manual operations to automated production, showcasing the integration of 5G technology in smart production lines [1] - The focus of the Chinese cashmere industry is shifting towards the high end of the global value chain, with innovation and technological empowerment being key to this transition [1] Group 2 - The Longfly Fiber Optic Company has achieved significant technological breakthroughs, becoming a leader in the global fiber optic industry by mastering all key technologies from preform to fiber and cable [5] - Longfly's collaborative approach in establishing joint laboratories has facilitated the industrialization of core materials, emphasizing the importance of application-oriented research and development [5] - The company has moved from relying on imports to becoming a standard-setting leader in the fiber optic sector, demonstrating a successful model of innovation through "introduction, digestion, absorption, innovation, and re-export" [5] Group 3 - Ningbo Bowei Alloy Precision Wire Co., Ltd. has achieved remarkable precision in cutting wire, essential for manufacturing high-precision components [8] - The Ounait Cable Group has developed cables that maintain flexibility in extreme temperatures and harsh environmental conditions, showcasing the importance of innovation in specialized cable production [8] - Private enterprises contribute significantly to technological innovation in China, accounting for 70% of the nation's technological advancements and a majority of specialized and high-tech enterprises [8] Group 4 - The implementation of the Private Economy Promotion Law is seen as a stabilizing force for private enterprises, enhancing their role in national technological projects and fostering innovation [9] - This law is expected to boost the internal motivation and innovative capabilities of private enterprises, allowing them to take on more significant technological challenges [9]

Group 1: Regulatory Actions - Apple has been fined approximately €98.63 million (around 813 million RMB) by the Italian antitrust authority for abusing its market dominance through its App Tracking Transparency policy, which restricts competition among third-party developers since April 2021 [2] Group 2: Autonomous Driving Developments - Baidu's autonomous driving service platform,萝卜快跑, plans to launch driverless testing and services in London by 2026, marking its first entry into a right-hand traffic market outside of Hong Kong [3] Group 3: AI and Robotics Innovations - Alibaba has open-sourced a new image generation model, Qwen-Image-Layered, which allows for advanced layer understanding and image generation, addressing consistency issues in AI-generated images [4] - 智元机器人 expects to achieve sales revenue exceeding 1 billion RMB this year, with plans for significant growth in robot shipments and revenue in the coming years [5] - 智元机器人 has launched a national robot rental platform, "擎天租," aiming to streamline the rental process and project the market size to exceed 10 billion RMB this year [5] Group 4: Corporate Transactions and Investments - 吉利汽车 has completed the privatization of 极氪, which is now a wholly-owned subsidiary, and its financial performance will be consolidated into 吉利汽车's financial statements [7] - 凌云光's subsidiary plans to invest up to $5 million in the IPO of 智谱, reinforcing their long-term partnership in AI and industrial data [8] - 通宇通讯 is increasing its registered capital by 10 million RMB through a cash investment from 武汉武创院投资有限公司 to enhance its capital strength [6] Group 5: Market Trends and Product Launches - 长飞光纤 reports that the demand for fiber optic cables related to the telecom market remains under pressure, despite increased attention on new products related to data centers [10] - 云知声 has launched a new medical AI model, "山海·知医大模型5.0," which aims to transition from an "intelligent tool" to a "clinical collaborator" [11] - 华为 has released the nova15 series smartphones, starting at 2,699 RMB, featuring the new 麒麟9010s chip and HarmonyOS 6 [23]