Financial Performance - Revenue for the six months ended June 30, 2024, was approximately RMB 5,348.1 million, a decrease of about RMB 1,567.1 million or 22.7% compared to the same period last year[2]. - Gross profit was approximately RMB 1,492.1 million, down by about RMB 312.3 million or 17.3% year-on-year[2]. - Net profit attributable to shareholders was approximately RMB 377.7 million, a decrease of about RMB 229.3 million or 37.8% compared to the previous year[2]. - Total comprehensive income for the period was approximately RMB 274.7 million, significantly lower than RMB 726.6 million in the previous year[4]. - Basic and diluted earnings per share were both RMB 0.50, down from RMB 0.80 in the same period last year[4]. - The company reported a significant loss of RMB 77,446,012 in the current period, compared to a loss of RMB 35,292,340 in the previous year[16]. - The company reported a pre-tax profit of RMB 86,776,642 for 2024, compared to RMB 170,258,683 in 2023, reflecting a decrease of approximately 48.9%[16]. - The net profit attributable to shareholders after excluding non-recurring gains and losses was approximately RMB 119.9 million, down about 78.7% from RMB 563.7 million in the same period of 2023[56]. - The company’s financial expenses increased by 305.0% to approximately RMB 88.2 million, mainly due to increased foreign exchange losses[61]. Revenue Breakdown - Revenue from domestic customers decreased by approximately 20.0%, while revenue from overseas customers decreased by approximately 27.6% compared to the same period last year[2]. - The main business revenue from optical fibers and preforms was CNY 1,279,090,877, while cable revenue was CNY 1,929,959,316 for the first half of 2024[12]. - Total external revenue for the group for the six months ended June 30, 2024, was RMB 5,348,087,711, with the fiber and preform segment contributing RMB 1,279,090,877, the cable segment RMB 1,929,959,316, and the optical devices and modules segment RMB 539,671,108[30]. - The company achieved overseas business revenue of approximately RMB 1,766.2 million, accounting for 33.0% of total revenue in the first half of 2024[88]. - The company’s diversified business revenue reached approximately RMB 2,139.0 million, representing 40.0% of total revenue in the first half of 2024[89]. Assets and Liabilities - Total assets as of June 30, 2024, amounted to approximately RMB 29,879.9 million, compared to RMB 29,142.3 million as of December 31, 2023[6]. - Total liabilities increased to CNY 15,331,543,861 as of June 30, 2024, compared to CNY 14,744,846,456 at the end of 2023[7]. - Total equity attributable to shareholders reached CNY 11,328,044,672 as of June 30, 2024, compared to CNY 11,307,108,305 at the end of 2023[7]. - The debt-to-equity ratio as of June 30, 2024, was 40.0%, an increase from 31.6% as of December 31, 2023[66]. - As of June 30, 2024, the company's short-term borrowings amounted to RMB 2,315,084,520, an increase from RMB 1,749,536,836 as of December 31, 2023[48]. - The company's long-term borrowings, net of current portion, were RMB 5,932,956,283 as of June 30, 2024, compared to RMB 4,855,183,468 as of December 31, 2023[52]. Operational Efficiency - The operating cost for the first half of 2024 was CNY 3,856,020,124, compared to CNY 5,110,786,663 in the same period of 2023[11]. - The gross profit was approximately RMB 1,492.1 million, a decrease of about 17.3% from RMB 1,804.4 million in the same period of 2023, with a gross margin of 27.9%[58]. - Operating costs were approximately RMB 3,856.0 million, down 24.6% from RMB 5,110.8 million year-on-year, representing 72.1% of total revenue[58]. - The company reported a net cash outflow from operating activities of approximately RMB 130.4 million, primarily due to a decline in revenue during the period[67]. Market and Industry Insights - The domestic telecommunications industry showed stable operation, with mobile internet traffic reaching 160.4 billion GB in the first half of 2024, a year-on-year increase of 12.6%[81]. - The group highlighted the global fiber optic cable market's potential for growth, driven by increased digital transformation and infrastructure development in regions like North America and Europe[81]. - The company is optimistic about future demand for new fiber optic products driven by the growth of AI and data centers, with significant potential in both domestic and international markets[82]. - In the field of third-generation semiconductors, the company is making steady progress in the research, testing, and market expansion of advanced semiconductor products, particularly silicon carbide devices for the growing domestic new energy vehicle market, which saw a penetration rate surpassing 50% in June 2024[90]. Corporate Governance and Compliance - The board of directors resolved not to declare an interim dividend for this period[2]. - The audit committee has reviewed and discussed the unaudited interim results for the six months ending June 30, 2024, ensuring compliance with corporate governance standards[93]. - The company has adopted all provisions of the corporate governance code and has complied with all relevant regulations during the reporting period[94]. - Forward-looking statements made by the company are subject to risks and uncertainties, including market growth and regulatory changes, which may lead to significant differences from actual performance[97].

Financial Performance - The company's operating revenue for the first half of 2024 was CNY 5,348,087,711, a decrease of 22.66% compared to CNY 6,915,183,145 in the same period last year[12]. - The net profit attributable to shareholders for the first half of 2024 was CNY 377,748,853, down 37.77% from CNY 607,014,926 in the previous year[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 119,882,362, a significant decline of 78.73% compared to CNY 563,654,980 in the same period last year[13]. - The net cash flow from operating activities was CNY 213,556,282, a decrease of 37.91% from CNY 343,973,709 in the previous year[13]. - Basic earnings per share decreased by 37.50% to CNY 0.50 compared to CNY 0.80 in the same period last year[14]. - Diluted earnings per share also decreased by 37.50% to CNY 0.50 from CNY 0.80 year-on-year[14]. - The company's gross margin improved from approximately 24.5% in 2023 to about 27.9% in the first half of 2024 due to production efficiency optimization and product structure improvement[29]. - The total profit for the first half of 2024 was CNY 347,106,566, significantly lower than CNY 681,034,731 in the same period last year, representing a decrease of 48.9%[106]. - The total comprehensive income for the first half of 2024 was CNY 274,709,223, down from CNY 726,563,470 in the same period last year, reflecting a decline of 62.2%[106]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 29,879,907,627, an increase of 2.53% from CNY 29,142,343,893 at the end of the previous year[13]. - The total liabilities increased to CNY 15,331,543,861 from CNY 14,744,846,456, representing a rise of about 4%[98]. - Current assets totaled CNY 14,956,103,546, up from CNY 14,556,294,870, indicating an increase of approximately 2.7%[96]. - Cash and cash equivalents decreased to CNY 3,613,623,788 from CNY 3,895,836,574, a decline of about 7.3%[96]. - Short-term borrowings increased to CNY 2,315,084,520 from CNY 1,749,536,836, reflecting a growth of about 32.4%[97]. - The company's long-term borrowings also rose to CNY 5,932,956,283 from CNY 4,855,183,468, an increase of approximately 22%[98]. - The company's total current liabilities decreased to CNY 8,400,716,167 from CNY 9,082,037,784, a reduction of approximately 7.5%[97]. Business Operations and Market Position - The company is a leading player in the fiber optic cable industry, benefiting from a strong technical foundation and extensive customer base[21]. - The company has adopted a vertically integrated business model, enhancing production efficiency and flexibility in response to market changes[22]. - The domestic communication industry showed stable operation, with mobile internet traffic reaching 160.4 billion GB, a year-on-year increase of 12.6%[18]. - The company achieved a market-leading position in the domestic operator market for ordinary optical cable products, with significant growth in high-margin new optical fiber products driven by the demand from data centers[30]. - The company has established a strong customer base, primarily consisting of the three major state-owned telecom operators, enhancing its understanding of market needs and product development trends[26]. - The company is actively expanding its research and development capabilities, focusing on next-generation optical fiber products to meet the growing demand in the communication industry[31]. Environmental and Regulatory Compliance - The company reported a hazardous waste emission of over 100 tons of waste hydrofluoric acid in 2023, categorizing it as a key regulatory item by the Wuhan Environmental Protection Bureau[61]. - The company’s wastewater and air emissions have consistently met or exceeded national environmental standards, with two self-inspections and one regulatory inspection confirming compliance in the first half of 2024[62]. - The company has implemented measures to reduce noise pollution, achieving compliance with national noise standards through regular monitoring and improvements[62]. - The company’s environmental management system has been certified, demonstrating its commitment to sustainable development and pollution prevention[62]. Research and Development - The company is focusing on market expansion and new product development as part of its strategic initiatives, although specific details were not disclosed in the call[103]. - Investment in R&D has increased by 25%, amounting to RMB 300 million, focusing on advanced optical fiber technologies[126]. - The company has launched a new product line that is projected to contribute an additional RMB 200 million in revenue by the end of 2024[130]. Future Outlook - The company expects a revenue growth guidance of 10-15% for the second half of 2024, driven by new product launches and market expansion[125]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[127]. - A strategic acquisition of a local competitor is in progress, expected to enhance production capacity by 40%[128]. Related Party Transactions - The company reported a daily related party transaction amount that did not exceed the limit approved at the shareholders' meeting, with actual transactions totaling approximately RMB 1,200 million across various related parties[78]. - The company engaged in significant related party transactions, including procurement and sales with various joint ventures, with actual procurement from Sichuan LeFei Optical Technology Co., Ltd. amounting to RMB 340.18 million[78]. - The company committed to reducing related party transactions and ensuring fair pricing in all dealings with related parties, maintaining shareholder interests[77]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 26,077[90]. - The largest shareholder, China Huaxin Post and Telecommunications Technology Co., Ltd., holds 23.73% of the shares, totaling 179,827,794 shares[92]. - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 22.64% of the shares, totaling 171,608,849 shares[92]. - The company has not experienced any changes in its share capital structure during the reporting period[90].

证券代码：601869 证券简称：长飞光纤 公告编号：临 2024-017 长飞光纤光缆股份有限公司 第四届董事会第八次会议决议公告 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 会第八次会议于 2024 年 8 月 23 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 年半年度报告及摘要、截至 2024 年 6 月 30 日止 六个月之中期业绩公告》 同意公司按照上市地上市规则、《公司章程》及证券监管部门的相关规定编 制的《2024 年半年度报告及摘要》，及截至 2024 年 6 月 ...

证券代码：601869 证券简称：长飞光纤 公告编号：临 2024-018 长飞光纤光缆股份有限公司 第四届监事会第六次会议决议公告 本公司监事会及全体监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"）第四届监事会第六次会议 于 2024 年 8 月 23 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》"）规定送达各位监 事审阅。本次会议应参加表决监事 3 名，实际参加表决监事 3 名，会议由监事会 主席李平先生主持。会议的召集、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。 与会监事认为： 1、公司 2024 年半年度报告中的各项经济指标及所包含的信息真实、准确、 完整地反映了公司 2024 年半年度的财务状况和经营成果。 2、公司编制和审议 2024 年半年度报告的程序符合有关法律法规、《公司章 程》和公司内部管理制度的规定。 3、公司 2024 年半年度报告的内容和格式符合中国证监会和公司上市地证券 交易所的规 ...

中国北京建国门外大街 1 号国贸写字楼 2 座 12-14 层 100004 12-14th Floor, China World Office 2, No. 1 Jianguomenwai Avenue, Beijing 100004, China 电话 Tel: +86 10 6563 7181 传真 Fax: +86 10 6569 3838 电邮 Email: beijing@tongshang.com 网址 Web: www.tongshang.com 关于长飞光纤光缆股份有限公司 2023 年年度股东大会的法律意见书 致：长飞光纤光缆股份有限公司 北京市通商律师事务所(以下简称"本所")接受长飞光纤光缆股份有限公司 (以下简称"公司")的委托，委派律师出席了公司 2023 年年度股东大会(以下简称 "本次股东大会")，并根据《中华人民共和国公司法》《中华人民共和国证券法》 以及其他相关法律、法规及规范性文件(以下简称"相关法律法规")和《长飞光纤 光缆股份有限公司章程》(以下简称"公司章程")的相关规定，对本次股东大会召 开的合法性进行见证，并依法出具本法律意见书。 本法律意见书仅就本次股东大会的 ...

证券代码：601869 证券简称：长飞光纤 公告编号：临 2024-015 长飞光纤光缆股份有限公司 2023 年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 22 | | --- | --- | | 股股东人数 其中：A | 20 | | 境外上市外资股股东人数（H 股） | 2 | | 2、出席会议的股东所持有表决权的股份总数（股） | 501,025,759 | | 其中：A 股股东持有股份总数 | 314,997,295 | | 境外上市外资股股东持有股份总数（H 股） | 186,028,464 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 66.11 | | 份总数的比例（%） | | | 其中：A 股股东持股占股份总数的比例（%） | 41.56 | | 境外上市外资股股东持股占股份总数的比 ...

长飞光纤光缆股份有限公司 董事会议事规则 （2024年6月） 1 （一） 负责召集股东大会，并向股东大会报告工作 ； （二） 执行股东大会的决议 ； （三） 决定公司的经营计划和投资方案 ； （四） 制定公司的年度财务预算方案、决算方案 ； （五） 制定公司的利润分配方案和弥补亏损方案 ； （六） 制定公司增加或者减少注册资本的方案以及发行公司 债券或其他证券及上市的方案 ； （七） 制定公司重大收购、回购本公司股票或合并、分立、 解散或者变更公司形式的方案 ； （八） 决定公司内部管理机构的设置，决定公司的分公司及 其他分支机构的设立或者撤销 ； （九） 选举公司董事长及副董事长 ；提名、聘任或者解聘公 司总裁 ； 如独立董事认为必要，可以聘请独立机构出具独立意见作为其 决策依据，聘请独立机构的费用由公司承担。 第一章 总则 第一条 为确保长飞光纤光缆股份有限公司（以下简称"公司"）董事会 履行全体股东赋予的职责，确保董事会能够进行富有成效的讨 论，作出科学、迅速和谨慎的决策，规范董事会的运作程序， 根据《中华人民共和国公司法》、《中华人民共和国证券法》、 《上市公司章程指引》、《上市公司治理准则》、《到境 ...

长飞光纤光缆股份有限公司 – 1 – 第一章 总则 – 2 – 第一条 为维护长飞光纤光缆股份有限公司（以下简称"公司"）和 股东的合法权益，明确股东大会的职责和权限，保证股东 大会规范、高效、平稳运作及依法行使职权，根据《中华 人民共和国公司法》、《中华人民共和国证券法》、《到境外 上市公司章程必备条款》、《上市公司股东大会规则》、《上 市公司治理准则》、《香港联合交易所有限公司证券上市规 则》、《上海证券交易所股票上市规则》（公司股票上市的证 券交易所上市规则统称"上市规则"）等境内外上市公司监 管法规以及《长飞光纤光缆股份有限公司章程》（以下简称 《" 公司章程》"），特制定本规则。 第二条 本议事规则适用于公司股东大会，对公司、全体股东或其 股东授权代理人（简称"股东代理人"）、公司董事、公司监 事以及总裁、高级副总裁、副总裁、财务总监、董事会秘 书等高级管理人员和列席股东大会会议的其他有关人员均 具有约束力。 第三条 合法有效持有公司股份的股东均有权亲自出席或授权股东 代理人出席股东大会，并依法及依本议事规则享有知情 权、发言权、质询权和表决权等各项权利。 第四条 公司董事会应严格遵循有关法律法规及 ...

章程 （于2024年6月18日举行的股东周年大会上经特别决议案通过） – 1 – 目录 | 第一章 | 总则 | 4 | | --- | --- | --- | | 第二章 | 经营宗旨和范围 | 7 | | 第三章 | 股份和注册资本 | 8 | | 第四章 | 减资和购回股份 | 13 | | 第五章 | 购买公司股份的财务资助 | 17 | | 第六章 | 股份转让 | 19 | | 第七章 | 股票和股东名册 | 21 | | 第八章 | 股东的权利和义务 | 30 | | 第九章 | 股东大会 | 37 | | 第十章 | 类别股东表决的特别程序 | 62 | | 第十一章 | 董事会 | 66 | | 第十二章 | 公司董事会秘书 | 76 | | 第十三章 | 公司总裁及其他高级管理人员 | 78 | | 第十四章 | 监事会 | 80 | | 第十五章 | 公司董事、监事、总裁和其他高级管理人员的资格和义务 | 84 | – 2 – | 第十六章 | 财务会计制度与利润分配 | 94 | | --- | --- | --- | | 第十七章 | 会计师事务所的聘任 | 102 | | 第十八章 ...

長飛光纖光纜股份有限公司 独立董事工作细则 （2024年6月） 1 第一章 总则 2 第七条 独立董事应当符合下列基本条件 ： （一） 根据法律、法规、规范性文件及《公司章程》有关规定，具备担任公司 董事的资格 ； （二） 具有本细则第九条及其他法律、法规、规范性文件所要求的独立性 ； （三） 具备上市公司运作的基本知识，熟悉相关法律、行政法规、规章及规 则 ； （四） 具有五年以上法律、会计、经济或者其他履行独立董事职责所必需的工 作经验 ； （五） 有良好的个人品德，不存在重大失信等不良记录 ； （六） 法律、法规、规范性文件、中国证监会规定、证券交易所业务规则及 《公司章程》规定的其他条件。 4 第八条 存在下列情形之一的人员，不得被提名为公司的独立董事候选人 ： （一） 根据《公司法》等法律、法规及其他有关规定，不得担任董事的情形 ； （二） 被中国证监会采取不得担任上市公司董事、监事、高级管理人员的证券 市场禁入措施，期限尚未届满的 ； （三） 被证券交易所公开认定不适合担任上市公司董事、监事和高级管理人 员，期限尚未届满的 ； （四） 最近36个月内因证券期货违法犯罪，受到中国证监会行政处罚或者司 ...