Core Viewpoint - Draka Comteq B.V. has completely divested its holdings in Changfei Fiber Optic, selling 37.5953 million H-shares, which accounts for 5.00% of the company's total share capital, indicating a significant reduction in shareholder commitment [1][3]. Summary by Sections Shareholder Reduction - Draka Comteq B.V. sold a total of approximately 180 million H-shares from April 17 to September 19, representing 23.73% of the company's total share capital [3][4]. - The latest sale on September 19 marked the complete exit of Draka Comteq B.V. from its H-share holdings in Changfei Fiber Optic [3][4]. Stock Performance - Changfei Fiber Optic's A-shares have increased over 300% and H-shares over 400% since the beginning of the year, reflecting strong market performance [1][7]. - The stock reached a historical high on September 19, with three consecutive trading days of price increases [7]. Financial Performance - For the first half of 2025, Changfei Fiber Optic reported total revenue of approximately 6.384 billion yuan, a year-on-year increase of about 19.38%, while net profit attributable to shareholders decreased by approximately 21.71% to about 296 million yuan [9]. - The company noted that the global fiber optic cable industry faces challenges such as insufficient demand in the telecom market and declining average prices, which may impact future performance [9][10]. Business Outlook - The company highlighted the growing interest in fiber optic products related to data centers, particularly hollow-core fibers, although these products currently represent a small portion of total demand and have not yet significantly impacted financial results [10]. - Changfei Fiber Optic emphasized the need for ongoing technological advancements to maintain competitive advantages in the evolving market [11].

Major Events - Zhenlei Technology's actual controller and chairman, Yu Faxin, has been placed under custody by the Huangshi Municipal Supervisory Committee, but the company's control remains unchanged, and daily operations are managed by senior management [2] - ST Gaohong's stock price has closed below 1 yuan for fifteen consecutive trading days, raising the risk of delisting due to the Shenzhen Stock Exchange's regulations [2] - Sunflower plans to acquire 100% equity of high-end semiconductor materials company Xipu Materials and 40% equity of Zhejiang Beid Pharmaceutical, with stock resuming trading on September 22, 2025 [3] - Guotai Environmental's chairman, Chen Baixiao, has had his custody measures lifted and can resume normal duties [4] - Xingye Technology's stock price has shown abnormal fluctuations, but the company confirms that there are no undisclosed significant matters [5] - Taimusi's stock price has also experienced abnormal fluctuations, with a potential risk of significant price drop after a surge, as control changes are pending [5] - Guanzhong Ecology is planning a change in control, leading to a temporary suspension of its stock [5] Shareholding Changes - Changfei Fiber's major shareholder, Draka Comteq B.V., has reduced its stake by 5% through a block trade [6] - Shanxi Fenjiu's shareholder Huachuang Xinrui plans to reduce its stake by up to 1.33% due to fund exit arrangements [7] - Xiugang Co.'s major shareholders plan to reduce their holdings by up to 1.06% for personal funding needs [8] - Haitai Technology's shareholders plan to collectively reduce their holdings by 2.53% through trading [9] Major Contracts - China Oil Engineering's subsidiary has signed a $513 million contract for an LNG pipeline project in the UAE, expected to positively impact future revenues and profits [10]

Core Viewpoint - Draka Comteq B.V. has completely divested its stake in Yangtze Optical Fibre and Cable Joint Stock Limited Company, which did not negatively impact the company's stock prices, as both A-shares and H-shares experienced significant increases following the announcement [2][5]. Group 1: Shareholder Activity - Draka Comteq B.V. sold 37.5953 million H-shares on September 19, 2025, reducing its ownership from 5.00% to 0.00% [5]. - Prior to the divestment, Draka Comteq B.V. and China Huaxin Post and Telecommunications Technology Co., Ltd. were co-largest shareholders, each holding 180 million shares, representing 23.73% of the total shares [5]. - The share price of Yangtze Optical Fibre increased by 259.2% for A-shares and 297.42% for H-shares during the period of Draka Comteq B.V.'s divestment [5]. Group 2: Stock Performance - On September 19, 2025, the A-share price closed at 120.62 CNY per share, while the H-share price closed at 61.60 HKD per share, with a market capitalization of 688 billion CNY [2][3]. - The A-share price experienced a limit-up increase of 10% on the same day, while H-shares rose by 8.55% [2][3]. Group 3: Industry Insights - There is growing market interest in hollow-core fiber products related to data centers, which are seen as having significant potential due to their low latency and low loss characteristics [6][7]. - Currently, the market share of fiber optic products related to data centers is relatively small, and hollow-core fiber applications are still in the early stages of development [7]. - Microsoft announced plans to deploy 15,000 kilometers of hollow-core fiber for data centers and AI model connections within the next 24 months [8].

Summary of Key Points Core Viewpoint - On September 21, no A-share listed companies disclosed any increase in shareholding, while eight companies announced plans to reduce their holdings [1]. Group 1: Companies Announcing Share Reductions - Changfei Optical Fiber: On September 19, Draka Comteq B.V. reduced its holdings by 5% of H-shares through block trading [2]. - Shanxi Fenjiu: Shareholder Huachuang Xinrui plans to reduce holdings by no more than 1.33% of the company's shares [2]. - Zhongjing Food: Director Liu Hongyu plans to reduce holdings by no more than 150,000 shares [2]. - Ruifeng High Materials: Shareholder Sang Peizhou plans to reduce holdings by no more than 2.4 million shares [2]. - Global Printing: Shareholder plans to reduce holdings by no more than 1% of the company's shares [2]. - Xiugang Co.: Shareholder plans to reduce holdings by no more than 1.06% of the company's shares [2]. - Haitai Technology: Shareholders plan to collectively reduce holdings by 2.53% of the company's shares [2]. - Changliang Technology: Huang Shizhao Weihong plans to reduce holdings by no more than 1.05 million shares [2]. Group 2: Market Signals - The MACD golden cross signal has formed, indicating a positive trend for certain stocks [2].

Core Viewpoint - The Shanghai Stock Exchange will review the initial public offering (IPO) of Moore Threads on September 26, aiming to raise 8 billion yuan [1] Group 1: Company Overview - Moore Threads plans to list on the Sci-Tech Innovation Board and seeks to raise 8 billion yuan through its IPO [1] - The company has direct and indirect stakes in various sectors, including electronics, computers, and communications [1] - Directly invested companies include Heertai (002402) and Yingqu Technology (002925), while indirectly invested companies include Honglida, Chuling Information (300250), and Changfei Fiber (601869) [1] Group 2: Market Performance - As of September 19, the average annual increase for the directly or indirectly invested companies is nearly 35%, with Changfei Fiber and Heertai exceeding 100% [1] - Financing data shows that as of September 18, these companies have seen an overall increase of nearly 30% in financing from investors this year [1] - Six companies, including Changfei Fiber, Heertai, and Ruifeng New Materials (300910), have received over 30% increase in financing from investors [1] Group 3: Investment Backers - In addition to A-share companies, notable investors in Moore Threads include Tencent, Lenovo, Sequoia Capital, and Houshu Capital [1]

智通财经APP讯，长飞光纤(601869.SH)发布公告，Draka Comteq B.V.于2025年9月19日通过香港联交所 大宗交易方式出售公司3759.53万股H股股份，占公司总股本的5%。本次权益变动后，Draka Comteq B.V.不再持有公司H股股份。 ...

长飞光纤光缆股份有限公司 简式权益变动报告书 上市公司名称：长飞光纤光缆股份有限公司 上市地点：上海证券交易所（A 股）、香港联合交易所有限公司（H 股） 股票简称：长飞光纤（A 股）、长飞光纤光缆（H 股） 股票代码：601869（A 股）、06869（H 股） 信息披露义务人名称：Draka Comteq B.V. 注册地址：Schieweg 9, 2627AN Delft 通讯地址：Schieweg 9, 2627AN Delft 股份变动性质：减少 签署日期：2025 年 9 月 19 日 信息披露义务人声明 [*注：为了保证与信息披露义务人前次权益变动信息披露中有关上市公司总 股本计算口径的一贯性，以及基于审慎性考虑，本报告书中，信息披露义务人本 次权益变动前后的持股比例和本次权益变动比例，均按照上市公司截至本报告书 签署日在香港联交所公告的最近一期《股份发行人的证券变动月报表》中载明的 剔除库存股份数目 6,000,000 股后的总股本 751,905,108 股计算。] 1 一、信息披露义务人依据《中华人民共和国证券法》《上市公司收购管理办 法》《公开发行证券的公司信息披露内容与格式准则第 15 ...

智通财经APP讯，长飞光纤(601869.SH)发布公告，Draka Comteq B.V.于2025年9月19日通过香港联交所 大宗交易方式出售公司3759.53万股H股股份，占公司总股本的5%。本次权益变动后，Draka Comteq B.V.不再持有公司H股股份。 ...

Core Viewpoint - Draka Comteq B.V. sold 37.595 million H-shares of Changfei Optical Fiber, representing 5.00% of the company's total share capital, through a block trade on the Hong Kong Stock Exchange on September 19, 2025, and no longer holds any H-shares of the company [1] Summary by Category - **Shareholding Change** - Draka Comteq B.V. has completely divested its holdings in Changfei Optical Fiber's H-shares [1] - The transaction involved a total of 37.595 million shares, which is equivalent to 5.00% of the company's total equity [1] - **Market Impact** - The sale was executed through a block trade on the Hong Kong Stock Exchange, indicating a significant transaction that may influence market perception [1] - **A-shares Status** - The equity change does not affect the company's A-shares, which remain unaffected by this transaction [1]

南财智讯9月21日电，长飞光纤公告，公司股东DrakaComteqB.V.于2025年9月19日通过香港联交所大宗 交易方式出售3759.53万股H股，占公司总股本的5.00%，减持后不再持有公司股份。此次权益变动是基 于财务管理和业务发展需求考虑，不涉及股份的质押、冻结或其他限制。截至本报告书签署日，信息披 露义务人暂无在未来12个月内增加或减少其在上市公司中拥有权益的股份的计划。 ...