据悉，2022年4月8日，长飞光纤与博创科技五名股东签署股权转让协议及表决权委托协议，长飞光纤将取得博创科技合计25.43%的股份表决权，成为后者的控股股东及实际控制人。据悉，博创科技主营业务是光通信领域集成光电子器件的研发、生产和销售，公司应用于数据中心的800G高速有源铜缆有向市场销售。YOFC (06869) has risen over 3% again, as of the time of this report, it is up 3.42%, trading at HKD 12.7, with a transaction volume of 30.7422 million HKD.
According to Zhituo Finance APP, Yangtze Optical Fibre And Cable Joint Stock (06869) has risen more than 3% again, up 3.42% to HKD 12.7, with a transaction volume of HKD 30.7422 million.
In the news, Nomura released a Research Report stating that the Target Price for Yangtze Optical Fibre And Cable Joint Stock has been raised from HKD 13.5 to HKD 15, with the rating upgraded from 'Neutral' to 'Buy'. Nomura has lowered its revenue and profit forecasts for Yangtze in the 2024-2025 fiscal years, mainly reflecting that the demand for optical fibers in the telecommunications industry was worse than expected. It is also believed that under the strong demand from AI and a better product mix, Yangtze's revenue and profits will experience a turning point. The bank pointed out that Yangtze is one of the leaders in China's optical cable market, and after the decline in capital expenditures from domestic telecom operators, it is believed that the company's efforts in business diversification may yield results by 2025. As a shareholder of Broadex Technologies in the A-shares market, Nomura believes that Yangtze will benefit from the global demand for its AI network products.
It is reported that on April 8, 2022, Yangtze Optical Fibre signed an equity transfer agreement and voting rights entrustment agreement with five shareholders of Broadex Technologies, whereby Yangtze Optical Fibre will obtain a total of 25.43% of the voting rights in Broadex Technologies, becoming its controlling shareholder and actual controller. It is noted that Broadex Technologies' main business is the R&D, production, and sales of integrated optoelectronic devices in the field of optical communications, with its 800G high-speed active Copper cables being marketed for use in Datacenter.
