my country's optical fiber giant YOFC acquires RFS's German and Suzhou companies to develop the international cable market

According to news on April 9, YOFC Optical Fiber and Cable Co., Ltd. (hereinafter referred to as "YOFC") recently acquired the German and Suzhou companies of Radio Frequency Systems GmbH (hereinafter referred to as "RFS") and held a delivery ceremony.

As a provider of optical fiber preforms, optical fibers, optical cables and comprehensive solutions, YOFC mainly produces and sells various standard specifications of optical fiber preforms, optical fibers and optical cables widely used in the communications industry. Based on Customers demand various types of optical modules, special optical fibers, active optical cables, submarine cables, as well as radio frequency coaxial cables, accessories and other products. In recent years, we have vigorously expanded markets such as rail transit, base station cables and devices, and power cables. According to reports, the RFS German and Suzhou companies acquired in this transaction are engaged in the research and development, production and sales of related cable products including radio frequency cables, leaky cables, hybrid cables, etc. Their products are mainly used in rail transit, base station cables and devices In other fields, it will complement YOFC's existing business and form a strong synergy in terms of production capacity layout and market development. YOFC stated that this acquisition is another major layout of YOFC’s international strategy and is of great significance to further improving overseas production capacity layout and exploring the international cable market. Inquiry revealed that YOFC has been continuously expanding its overseas business since 2014 and has successively established 6 production bases in Indonesia, South Africa, Brazil, Poland and other places. YOFC's overseas business revenue has accounted for more than 30% of the company's annual revenue for two consecutive years, and in the first three quarters of 2023, overseas business revenue accounted for 35%. The company has been selected as one of the top 10 most competitive fiber optic and cable companies in the world for 17 consecutive years.

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