长飞光纤光缆中期报告2025

CONTENTS 2Definitions and Glossary of Technical Terms5Corporate Information9Financial Highlights10Consolidated Balance Sheet13Balance Sheet16Consolidated Income Statement19Income Statement21Consolidated Statement of Cash Flow25Statement of Cash Flow29Consolidated Statement of Changes in Shareholders’ Equity31Statement of Changes in Shareholders’ Equity33Notes to Unaudited Interim Financial Statements299 Management Discussion and Analysis318 Other Information DEFINITIONS AND GLOSSARY OF TECHNICAL TERMS In this report, unless the context otherwise requires, thefollowing terms shall have the meanings set out below: China Huaxin Post and Telecom Technologies Co., Ltd., an entityincorporated in the PRC, one of the substantial shareholders of theCompany Yangtze Optical Fibre and Cable Joint Stock Limited Company*,a joint stock limited company incorporated in the PRC with limitedliability, the H shares of which are listed on the Main Board of theHong Kong Stock Exchange, the A Shares of which are listed on theSSE HA “Hong Kong Listing Rules” the Rules Governing the Listing of Securities on The Stock Exchange ofHong Kong Limited “H share(s)” “Model Code” plasma activated chemical vapor deposition DEFINITIONS AND GLOSSARY OF TECHNICAL TERMS This interim report is prepared in Chinese and English. In case of any discrepancies in interpretation, theChinese version shall prevail. BOARD OF DIRECTORS EXECUTIVE DIRECTOR Mr. Zhuang Dan NON-EXECUTIVE DIRECTORS Mr. Ma Jie (Chairman)Mr. Lars Frederick PerssonMr. Guo TaoMr. Pier Francesco FacchiniMr. Hamavand Rayomand Shroff(appointment effective on 30 June 2025)Mr. Xiong XiangfengMr. Mei YongMr. Philippe Claude Vanhille(resignation effective on 30 June 2025) •••• INDEPENDENT NON-EXECUTIVE DIRECTORS Mr. Bingsheng TengMr. Song WeiMs. Li Chang’aiMr. Tsang Hin Fun Anthony BOARD COMMITTEES AUDIT COMMITTEE Mr. Song Wei(Chairman)Ms. Li Chang’aiMr. Tsang Hin Fun Anthony NOMINATION AND REMUNERATIONCOMMITTEE Mr. Bingsheng Teng(Chairman)Mr. Guo TaoMr. Song Wei STRATEGY COMMITTEE • Mr. Ma Jie(Chairman)Mr. Zhuang DanMr. Bingsheng TengMr. Philippe Claude Vanhille(resignation effective on 30 June 2025) CORPORATE INFORMATION BOARD OF SUPERVISORS Mr. Li Ping(Chairman)Dr. Li ZhuoMr. Xiong Zhuang(employee representative supervisor) REGISTERED NAME OF THE COMPANY INCHINESE NAME OF THE COMPANY IN ENGLISH Yangtze Optical Fibre and Cable Joint Stock LimitedCompany Yangtze Optical Fibre and Cable JointStock Limited Company LEGAL REPRESENTATIVE OF THE COMPANY Mr. Ma Jie AUTHORISED REPRESENTATIVES SECRETARY OF THE BOARD Mr. Zheng Xin COMPANY SECRETARY Ms. Lai Siu Kuen AUDITORS KPMG Huazhen LLPPublic Interest Entity Auditor recognisedin accordance with the Financial Reporting CouncilOrdinance LEGAL ADVISORS TO THE COMPANY Simpson Thacher & Bartlett (as to Hong Kong law)Commerce & Finance Law Offices (as to PRC law) REGISTERED OFFICE 9430073 No. 9 Guanggu Avenue,East Lake High-tech Development Zone, Wuhan,Hubei Province 430073, the PRC PRINCIPAL PLACE OF BUSINESS IN THE PRC 9430073 No. 9 Guanggu Avenue,East Lake High-tech Development Zone, Wuhan,Hubei Province 430073, the PRC PRINCIPAL PLACE OF BUSINESS IN HONGKONG Room 1918, 19/FLee Garden One33 Hysan AvenueCauseway BayHong Kong 33191918 H H SHARE REGISTRAR Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 1617 PLACE OF LISTING The Stock Exchange of Hong Kong LimitedThe Shanghai Stock Exchange STOCK CODE Hong Kong Stock Exchange06869SSE601869 06869601869 CORPORATE INFORMATION CONTACT INFORMATION INVESTOR RELATIONSHIP DEPARTMENT +8627 6878 9088+8627 6878 90899430073ir@ yofc.com Tel:Fax:Address of Headquarters: +8627 6878 9088+8627 6878 9089No. 9 Guanggu Avenue,East Lake High-techDevelopment Zone,Wuhan, Hubei Province,430073,the PRCir@yofc.com Email: WEBSITEwww.yofc.com www.yofc.com For the six months ended 30 June 2025, the Group’soperating results were as follows: •6,384.51,036.419.4% •Total revenue was approximately RMB6,384.5million, increased by approximately RMB1,036.4million, representing an approximately 19.4%increase as compared to the same period of lastyear.•Gross profit was approximately RMB1,806.6 million,increased by approximately RMB314.5 million,representing an approximately 21.1% increase ascompared to the same period of last year.•Profit attributable to equity shareholders of theCompany was approximately RMB295.7 million,decreased by approximately RMB82.0 million,representing an approximately 21.7% decrease ascompared to the same period of last year.•The Group’s revenue from domestic customersincreased by approximately 2.9%, as compared tothe same period of last year. The Group’s revenuefrom overseas customers increased by approximately52.8%, as compared to the same period of lastyear.•The Board did not recommend any interim dividendfor the Period. •1,806.6314.521.1% •295.782.021.7% •2.9%52.8% • CONSOLIDATED BALANCE SHEE