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Yangtze Communications Sells Nearly 1 Million Shares of Yangtze Optical Fibre, Gains 376 Million Yuan
Yangtze Communications announced that as of 9 July 2026, the company sold 999,985 A-shares of Yangtze Optical Fibre through centralized bidding, with a transaction amount of 412 million yuan and a selling price range of 380.03 yuan to 448.02 yuan per share. The impact of this transaction on the company's total profit for 2026 is approximately 376 million yuan, while the company's net profit for 2025 was 219.2 million yuan. After the transaction, Yangtze Communications still holds 118 million shares of Yangtze Optical Fibre, accounting for 14.23% of the total share capital. Based on the current price, the market value exceeds 52 billion yuan, while Yangtze Communications' own total market value is less than 20 billion yuan. Yangtze Optical Fibre's cumulative increase this year has reached 279.22%, and its share price previously hit a high of 600 yuan per share.