YZOFFYangtze Optical Fibre & Cable Joint Stk. Ltd. Co.

About Yangtze Optical Fibre & Cable Joint Stk. Ltd. Co. (YZOFF)

Yangtze Optical Fibre & Cable Joint Stk. Ltd. Co. (YZOFF) is a Communication Equipment company headquartered in Hubei, China whose shares trade over-the-counter on the Pink tier.

Yangtze Optical Fibre and Cable Joint Stock Limited Company (also known as "YOFC") formally known as "Yangtze Optical Fibre and Cable Co., Ltd.", is a Sino-foreign joint venture enterprise registered and established in Wuhan, Hubei Province in May 1988; After 25 years development, the company was restructured itself to be a foreign-funded joint stock company in December 2013 and was eventually renamed "Yangtze Optical Fibre and Cable Joint Stock Limited Company", including 3 key shareholders - China Huaxin Post and Telecommunication Economy Development Center, Draka Comteq B.V and Wuhan Yangtze Communications Industry Group Co., Ltd. YOFC was successfully listed on the main board of Hong Kong Exchanges and Clearing Limited on December 10, 2014, becoming the company listed in Hong Kong that focuses on optical fibre preform, optical fibre and cable, and other related products. According to the report from the CRU (the Commodity Research Unit), a third-party authoritative consultancy agency in the world, by the end of 2016, YOFC's optical fibre preform has obtained a 22.5% global market share, optical fibre, a 17.3% global market share, and optical cable, a 14.9% global market share. YOFC is mainly producing and selling different types and standards of optical preform, optical fibre and optical cable that widely installed in telecommunication industry, customized specialty fibre and cable, RF coaxial cable and accessories. YOFC also provides the integrated system, project design and services. In addition, YOFC is equipped with a full series of fibre and cable and solutions, providing a variety of different products and solutions for world's telecom industry and other industries (e,g. Publicity, Transportation, Oil & Chemistry and Medication) and offering its products and services to over 60 countries and regions around the world. Through introduction, digestion, absorption and innovation since its establishment, YOFC has carried out a way to successfully revitalize national industry. So far, it has obtained over 300 national-granted patents and several foreign invention patents from Europe, US and Japan, etc. including PCT authorization. These achievements have driven YOFC to honour the following award & reputation: National Enterprise Technical Center, Innovative Enterprise, National First Batch Intelligent Manufacturing Pilot Demonstration Enterprise, National Manufacturing Industry Single Championship Demonstration Enterprise, etc. Moreover, YOFC was granted the Second Class National Science and Technology Progress Award(twice) and the China Quality Award, etc. In addition, YOFC was nominated the support organization for National Key Laboratory in optical fibre and cable preparation technology and it is also one of the significant members in ITU-T and IEC in setting national standards. Adhering to the mission of "Smart Link Better Life", YOFC devotes itself to becoming the leader in information transmission and smart links through its core value "Client Focus, Accountability, Innovation, Stakeholder Benefits", and places its layout aggressively in 5 domains: preform, fibre and cable connotative growth, technological innovation and intelligent manufacturing, international region expansion, relative diversification and capital management.

YZOFF key facts

Ticker symbol

YZOFF

Market tier

Pink

Sector

Technology

Industry

Communication Equipment

Headquarters

Hubei, China

Country of incorporation

CN

Reporting standard

International Reporting: Hong Kong Stock Exchange

Audit status

Not Available

Fiscal year end

12/31

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