Ge Long Hui A P P·2025-12-22 08:17Group 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 global optical fiber and cable industry is currently in a normal market environment, but demand related to the telecom market remains under pressure [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's fundamental situation has not undergone significant changes, and its production and operations are normal [1] - As of December 22, 2025, the company's A-share stock rolling price-to-earnings ratio has reached 169 times, indicating a risk of overvaluation [1] - Investors are advised to be cautious and make rational investment decisions due to the potential risks associated with trading [1]