Chang Jiang Shang Bao·2025-09-22 09:04Group 1 - Longfly Fiber's largest shareholder, DrakaComteq B.V., completely divested its holdings, selling 37.5953 million H-shares on September 19, 2025, and no longer holds any shares in the company [2] - As of March 31, 2025, both DrakaComteq B.V. and China Huaxin Post and Telecommunications Technology Co., Ltd. are the largest shareholders of Longfly Fiber, each holding 180 million shares, representing 23.73% of the total shares [2] - From the beginning of the second quarter of 2025 until now, DrakaComteq B.V. has sold all of its 180 million shares, during which Longfly Fiber's A-shares rose by 259.2% and H-shares increased by 297.42% [2] Group 2 - Longfly Fiber's stock price surged over four times from HKD 11.93 per share at the beginning of the year to HKD 61.6 per share on September 19, 2025, while the A-share price increased by over three times during the same period [3] - In 2024, Longfly Fiber faced revenue pressure, reporting operating income of CNY 12.197 billion, a year-on-year decrease of 8.65%, and a net profit attributable to shareholders of CNY 676 million, down 47.91% year-on-year [3] - In the first half of 2025, the company achieved operating income of CNY 6.384 billion, a year-on-year increase of 19.38%, while the net profit attributable to shareholders was CNY 296 million, down 21.71% year-on-year [3] Group 3 - The market has shown increasing interest in optical fiber and cable products related to computing data centers, particularly hollow-core fibers; however, Longfly Fiber stated that these products currently represent a small proportion of global demand for optical fibers and cables [4] - The application of hollow-core fibers is still in its early stages, lacking scale sales and stable pricing and profit levels, with no significant impact on the company's financial data yet [4] - In July 2025, China Mobile launched its first commercial hollow-core fiber, with Longfly Fiber being the sole bidder at an actual bid price of approximately CNY 36,000 per core kilometer [4]