智通财经APP获悉，长飞光纤光缆(06869)再跌超6%，截至发稿，跌5.14%，报54.45港元，成交额3.55亿 港元。 消息面上，长飞光纤近期发布公告称，9月19日，原第一大股东Draka Comteq B.V.已于2025年通过香港 联交所出售公司3759.53万股H股股份，占公司总股本的5%。此次交易完成后，Draka Comteq B.V.正式 完成了对公司H股股票的清仓。值得注意的是，截至今年3月底，DrakaComteqB.V.和中国华信邮电科技 有限公司并列长飞光纤第一大股东，持股比例都是23.73%。 此外，长飞光纤表示，公司注意到近期市场对算力数据中心相关光纤光缆产品，尤其是空芯光纤关注度 较高。目前与数据中心相关的光纤光缆产品占全球光纤光缆需求总量的比例较小，其中，空芯光纤作为 行业前沿产品，其应用仍处于早期阶段，尚未形成规模销售、尚未形成稳定的价格及利润水平，后续业 务发展也有待于产业链的进一步成熟。目前，空芯光纤相关业务尚未对公司财务数据产生明显影响。 ...

Group 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]

此外，公司近期发布公告称，注意到近期市场对算力数据中心相关光纤光缆产品，尤其是空芯光纤关注 度较高。目前与数据中心相关的光纤光缆产品占全球光纤光缆需求总量的比例较小，其中，空芯光纤作 为行业前沿产品，其应用仍处于早期阶段，尚未形成规模销售、尚未形成稳定的价格及利润水平，后续 业务发展也有待于产业链的进一步成熟。目前，空芯光纤相关业务尚未对公司财务数据产生明显影响， 敬请广大投资者注意投资风险，理性决策，审慎投资。 智通财经APP获悉，长飞光纤光缆(06869)早盘跌超11%，截至发稿，跌4.71%，报58.7港元，成交额7.32 亿港元。 消息面上，长飞光纤此前公告，股东DrakaComteqB.V.于9月4日通过香港联交所大宗交易方式减持了 3759.53万股H股股份，占公司总股本的5.00%，减持后持股比例从10.00%降至5.00%。9月19日， DrakaComteqB.V.再通过大宗交易减持公司5%H股股份。此次权益变动后，DrakaComteqB.V.不再持有公 司H股股份。 ...

长飞光纤（601869）光缆(06869)早盘跌超11%，截至发稿，跌4.71%，报58.7港元，成交额7.32亿港 元。 消息面上，长飞光纤此前公告，股东DrakaComteqB.V.于9月4日通过香港联交所大宗交易方式减持了 3759.53万股H股股份，占公司总股本的5.00%，减持后持股比例从10.00%降至5.00%。9月19日， DrakaComteqB.V.再通过大宗交易减持公司5%H股股份。此次权益变动后，DrakaComteqB.V.不再持有公 司H股股份。 此外，公司近期发布公告称，注意到近期市场对算力数据中心相关光纤光缆产品，尤其是空芯光纤关注 度较高。目前与数据中心相关的光纤光缆产品占全球光纤光缆需求总量的比例较小，其中，空芯光纤作 为行业前沿产品，其应用仍处于早期阶段，尚未形成规模销售、尚未形成稳定的价格及利润水平，后续 业务发展也有待于产业链的进一步成熟。目前，空芯光纤相关业务尚未对公司财务数据产生明显影响， 敬请广大投资者注意投资风险，理性决策，审慎投资。 ...

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].

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].

不过，长飞光纤股价并未因此收到负面影响，9月19日其A股股价涨停、H股股价大涨8.55%。 而且，从2025年二季度初至今，在Draka Comteq B.V.将其持有的1.8亿股长飞光纤H股股份全部减持期 间，长飞光纤A股股价大涨259.2%，H股股价大涨297.42%。 截至9月19日收盘，长飞光纤A股股价为120.62元/股、H股股价为61.6港元/股，最新市值为688亿元人民 币。 曾经的并列第一大股东清仓 长飞光纤9月21日晚公告，信息披露义务人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，占上市公司总股本的5.00%。本次权益变动后，信息披露义务 人持有上市公司股份比例由5.00%下降至0.00%。 【导读】长飞光纤9月21日晚公告，外资股东Draka Comteq B.V.于9月19日减持公司3759.53万股H股股 份，减持后不再持有公司股份 截至2025年3月31日，Draka Comteq B.V.和中国华信邮电科技有限公司并列长飞光纤第一大股东，持股 数均为1.8亿股，持股比例都是23.73%。 中国基金报记者 ...

Group 1 - The core point of the article is that Changfei Optical Fiber and Cable (06869) announced a significant fluctuation in its A-share stock price, with a cumulative increase of over 20% from September 16 to September 18, 2025, indicating abnormal trading conditions [1] - On September 19, 2025, the company's A-share stock closed at the daily limit price, reflecting recent volatility in stock prices and urging investors to be cautious and rational in their investment decisions [1] - The company conducted a self-examination and confirmed that there have been no significant changes in its main business, daily operations, or operating environment compared to previous disclosures, and there are no undisclosed major matters [1] Group 2 - The company noted a rising market interest in optical fiber cable products related to data centers, particularly hollow-core fibers, which are still in the early stages of application and have not yet formed stable sales, pricing, or profit levels [1] - Currently, products related to data centers account for a small proportion of the total global demand for optical fiber cables, and the hollow-core fiber business has not yet had a significant impact on the company's financial data [1]

Group 1 - The company's A-share stock experienced a cumulative price deviation of over 20% from September 16 to September 18, 2025, indicating abnormal trading fluctuations [1] - On September 19, 2025, the company's A-share stock closed at the daily limit price, reflecting significant recent price volatility [1] - The company conducted a self-inspection and confirmed that there have been no significant changes in its main business, daily operations, or operating environment compared to previous disclosures [1] Group 2 - The market has shown increased attention to optical fiber and cable products related to data centers, particularly hollow-core fibers, which are still in the early application stage [1] - Currently, products related to data centers account for a small proportion of the total global demand for optical fibers and cables, and hollow-core fibers have not yet achieved scale sales or stable pricing and profit levels [1] - The hollow-core fiber business has not yet had a significant impact on the company's financial data [1]

Core Viewpoint - Changfei Fiber Optics (601869) stock has experienced significant volatility, with a notable increase of over 8% in early trading, reaching a historical high of 62 HKD, driven by market interest in fiber optic products related to data centers, particularly hollow core fibers [1] Company Summary - Changfei Fiber Optics has acknowledged the recent abnormal trading fluctuations and noted the heightened market attention towards fiber optic products for data centers, especially hollow core fibers [1] - The demand for fiber optic cables related to data centers currently represents a small proportion of the total global demand for fiber optic cables [1] - Hollow core fibers are considered cutting-edge products in the industry, but their application is still in the early stages, lacking scale sales and stable pricing and profit levels [1] - The hollow core fiber business has not yet had a significant impact on the company's financial data [1] Industry Summary - Aijian Securities has highlighted the strong performance advantages of hollow core fibers in the data center sector, suggesting that they are likely to benefit from long-term investments in data center infrastructure [1] - Changfei Fiber Optics possesses the necessary raw materials and manufacturing technology for hollow core fibers, with individual fiber lengths exceeding 20 kilometers and polarization mode dispersion control at an internationally leading level [1] - The company has set multiple world records in the commercial application of hollow core fibers in collaboration with the three major telecom operators [1]