Yangtze Optical Fibre and Cable (SHA:601869) disclosed a 650-million-yuan increase to its 2026 daily related-party transaction quota with YOFC Shanghai, SDG Fiber and Prysmian Group.
The increase reflects surging demand for fiber optic products driven by accelerated artificial intelligence data center construction, according to a Thursday aftermarket filing with the Shanghai bourse.
Shares of the cable manufacturer rose 10% on the Hong Kong bourse and 7% in Shanghai.