Ge Long Hui·2025-12-22 08:08Group 1 - The core viewpoint of the article highlights the recent market attention on the improvement of the supply-demand structure for optical fiber and cable products, particularly related to data centers [1] - The current global market environment for the optical fiber and cable industry is described as normal, with ongoing pressure on demand related to the telecommunications market [1] - The new products related to data centers account for a small proportion of the total demand for optical fiber and cable products [1] Group 2 - The company reports that there have been no significant changes in its fundamentals, and its production and operations are normal [1] - As of December 22, 2025, the rolling price-to-earnings ratio (P/E) of the company's A-shares has reached 169 times, indicating a potential risk of overvaluation [1] - Investors are advised to be cautious and make rational investment decisions due to the high P/E ratio and associated risks [1]