YOFC (06869) saw its shares rise more than 6% after the company released its annual results. At the time of writing, the stock was up 6.67%, trading at HK$18.38, with a turnover of HK$1.112 billion. The company reported annual revenue of RMB 14.252 billion, a year-on-year increase of 16.85%. Net profit attributable to shareholders reached RMB 814 million, up 20.40% compared to the previous year. During the reporting period, revenue from the optical transmission products segment amounted to RMB 8.346 billion, rising 6.09% year-on-year, while the optical interconnection components segment generated revenue of RMB 3.144 billion, surging 48.58%. On a quarterly basis, total revenue for the fourth quarter was RMB 3.977 billion, up 13.53% year-on-year, and net profit attributable to shareholders reached RMB 344 million, soaring 234.23% compared to the same period last year. Notably, Heilongjiang Telecom recently issued a tender notice for an emergency procurement project of outdoor optical cables scheduled for 2026. In this project, the maximum unit price for "Optical Cable-GYTA-Single-mode G.652D-24 Core" cable was set at RMB 3,737.43 per sheath-kilometer. Industry insiders estimate that the unit price of G.652D optical fiber has already exceeded RMB 100 per core-kilometer. Earlier in January, Guangdong Telecom had set a maximum unit price of RMB 1,245 per sheath-kilometer for the same type of cable in a centralized procurement project. After the initial tender failed, the project was relaunched in March with the quoted price raised to RMB 2,500 per sheath-kilometer, representing an increase of over 100%.