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]

Financial Performance - The company's operating revenue for Q3 2024 was RMB 3,346,410,877, representing a year-on-year increase of 7.46%[3] - Net profit attributable to shareholders for the same period was RMB 195,188,365, a decrease of 28.65% compared to the previous year[3] - The basic earnings per share for Q3 2024 was RMB 0.26, down 27.78% year-on-year[3] - Total operating revenue for the nine months ended September 30, 2024, was RMB 8,694,498,588, a decrease of 13.3% compared to RMB 10,029,322,250 in the same period of 2023[12] - Net profit attributable to shareholders of the parent company was RMB 572,937,218, down 34.8% from RMB 880,590,578 in the previous year[12] - The company’s total profit for the nine months was RMB 557,860,078, down from RMB 892,430,451 in the same period of 2023, indicating a decline of 37.4%[12] Assets and Liabilities - The total assets as of September 30, 2024, reached RMB 30,624,524,627, reflecting a growth of 5.09% from the end of the previous year[3] - The total current assets as of September 30, 2024, amounted to RMB 14,863,461,018, an increase from RMB 14,556,294,870 as of December 31, 2023, reflecting a growth of approximately 2.1%[10] - The total liabilities increased to RMB 15,810,084,598 as of September 30, 2024, compared to RMB 14,744,846,456 at the end of 2023, indicating a rise of approximately 7.2%[11] - The company's total equity rose to RMB 14,814,440,030 from RMB 14,397,497,437, marking an increase of about 2.9%[11] - The total non-current assets amounted to RMB 15,761,063,609, slightly down from RMB 14,586,049,023, showing a decrease of about 0.1%[10] Cash Flow - The net cash flow from operating activities for the year-to-date period was RMB 743,933,346, showing a 10.97% increase[3] - Cash flow from operating activities generated RMB 743,933,346, an increase of 10.9% compared to RMB 670,377,436 in the same period last year[14] - Cash flow from investing activities showed a net outflow of RMB 2,132,220,686, slightly improved from a net outflow of RMB 2,269,539,134 in the previous year[14] - Cash flow from financing activities resulted in a net inflow of RMB 630,989,392, down from RMB 1,483,380,887 in the same period of 2023[15] Shareholder Information - The company reported a total of 24,279 shareholders as of the end of the reporting period[6] - The top shareholder, China Huaxin Post and Telecommunication Technology Co., Ltd., holds 23.73% of the shares[6] - The company reported a total of 10 major shareholders, with the largest being China Huaxin Post and Telecommunications Technology Co., Ltd., holding 179,827,794 shares[7] Inventory and Borrowings - The inventory level increased to RMB 3,142,959,676 from RMB 2,941,352,651, which is an increase of approximately 6.8%[10] - Short-term borrowings increased significantly to RMB 2,500,259,318 from RMB 1,749,536,836, reflecting a rise of about 43%[11] - The company's long-term borrowings also increased to RMB 5,391,283,988 from RMB 4,855,183,468, indicating a growth of approximately 11%[11] Other Financial Metrics - Non-recurring gains and losses amounted to RMB 188,053,360, an increase of 28.48% year-on-year[4] - Research and development expenses remained stable at RMB 559,041,862, compared to RMB 558,709,760 in the previous year[12] - The company reported a significant increase in cash received from investment recoveries, totaling RMB 2,766,496,533, compared to RMB 1,028,509,200 in the previous year[14] - Cash and cash equivalents decreased to RMB 3,084,184,335 from RMB 3,895,836,574, representing a decline of about 20.8%[10] - The company’s cash and cash equivalents at the end of the period were RMB 3,018,750,463, down from RMB 4,125,273,115 at the end of the previous year[15] - The weighted average return on equity decreased by 0.78 percentage points to 1.70% for the quarter[3] - Accounts receivable increased to RMB 5,339,855,693 from RMB 5,197,048,639, which is an increase of approximately 2.7%[10]

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 ...