Shang Hai Zheng Quan Bao·2025-07-30 18:50Core Viewpoint - The stock of Changfei Optical Fiber Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase of over 20% from July 28 to July 30, 2025, prompting the company to clarify its operational status and confirm no undisclosed significant information [2][4]. Group 1: Stock Trading Abnormality - The company's stock price increased by over 20% in three consecutive trading days, which is classified as an abnormal trading fluctuation according to the Shanghai Stock Exchange rules [2][4]. - The company conducted a self-examination and confirmed that there are no undisclosed significant matters affecting the stock price, including major asset restructuring or significant transactions [6][8]. Group 2: Operational Performance - The company reported that its daily operations are normal, but the global optical fiber and cable market continues to face weak demand and declining average prices [5]. - For the fiscal year 2024, the company recorded an operating revenue of approximately RMB 12.197 billion, a year-on-year decrease of about 8.65%, and a net profit attributable to shareholders of approximately RMB 676 million, down approximately 47.91% year-on-year [5]. Group 3: Market Sentiment and Product Focus - There has been increased market attention on optical fiber and cable products related to computing power data centers, particularly on hollow-core fibers, although their market share remains small [7]. - The application of hollow-core fibers is still in the early stages, lacking stable sales and profit levels, and has not yet significantly impacted the company's financial data [8].