Investment Rating - The report maintains a "Buy" rating for the communication industry [1] Core Viewpoints - The demand for optical fiber and cable is experiencing significant growth, with procurement prices increasing due to strong demand from operators [3] - The price of GJYXFCH-1 core cable has increased by 45.36%, indicating a sustained trend of price hikes in the industry [3] - The industry is characterized by high demand and a long expansion cycle, leading to a clear competitive landscape, which supports the potential for continued price increases in optical fiber and cable [3] Summary by Relevant Sections - **Demand and Supply Dynamics**: The report highlights a robust demand growth forecast, with a projected increase of 4.1% in 2025 and 8.8% in 2027. Supply constraints are expected to persist, reinforcing the potential for price increases in optical fiber and cable products [3] - **Price Trends**: The report notes that the price for G.652.D optical fiber is expected to rise from 28-35 yuan in 2025 to 37-46 yuan in 2026, reflecting a 31% increase. Similarly, G.654.A2 prices are projected to rise from 75-80 yuan in 2025 to 79.5 yuan in 2026 [3] - **Investment Recommendations**: The report suggests that investors should consider the optical fiber and cable sector due to its favorable demand-supply dynamics and the potential for price increases [3]