Rifeng Cable announced plans to invest about 700 million yuan to build a project with annual capacity of 300 tonnes of optical fiber preforms and 10 million fiber-kilometers of optical fiber, extending upstream in the communications industry chain. The company intends to establish a wholly owned subsidiary, Guangdong Rifeng Optoelectronics Technology, in Jiangmen, Guangdong Province, as the operating entity for the project, with registered capital of 350 million yuan, and to increase capital in its wholly owned subsidiary Guangdong Rifeng New Materials by 150 million yuan to take on plant construction and other infrastructure tasks. The project is positioned as a key step in transforming and upgrading from cable manufacturing to an integrated provider of cables plus core components, aiming to create upstream and downstream synergies with the parent company's existing products such as communication cables and hybrid optical-electrical cables. The above matters were reviewed and approved at the fourth meeting of the company's sixth board of directors on August 17, 2026, and still need to be submitted to the shareholders' meeting for approval. There is also uncertainty regarding administrative approvals such as infrastructure construction, environmental impact assessment, and energy assessment, as well as the registration of the subsidiary. The company achieved operating revenue of 4.518 billion yuan in 2025, up 9.84 percent year on year, of which revenue from communication equipment components was 932 million yuan, up 26.11 percent year on year, making it one of the fastest-growing segments.
GuangDong Rifeng Electric Cable Co LtdPlans to invest 700 million yuan in optical fiber preform and fiber project, expanding upstream and boosting growth.
