Shares of fiber-optic niche leader N Yute surge 489% on trading debut

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Today another new stock listed, this time on the Beijing Stock Exchange: Yute Optoelectronics, referred to as N Yute.

The new fiber-optic and CPO concept stock N Yute staged an extremely strong session in early trading, with its share price surging vertically 489.09% at the open.

As of press time, N Yute shares were quoted at 81 yuan per share, giving it a latest total market value of 5.7 billion yuan.

N Yute is a national-level specialized and sophisticated "little giant" enterprise focused on the R&D, design, precision manufacturing and sales of optical connection products. Its main products include pre-embedded fiber optic active connectors, fusion-end fiber optic active connectors, waterproof connectors, fiber optic fusion splicers, high-speed optical module components, pre-terminated connectors, accessories and other products.

On the customer side, the company has established long-term stable partnerships with leading domestic optical communications companies such as Accelink Technologies, YOFC, Hengtong Optic-Electric, FiberHome Telecommunication Technologies and ZTE Corporation. It is a qualified supplier shortlisted by the three major telecom operators, and its related products are widely used in the data centers of global top internet companies including Alibaba, Tencent and ByteDance.

In overseas markets, its products have successfully entered the supply chain systems of internationally renowned companies such as Rosenberger and Domex.

The A-share issue price for N Yute was 13.75 yuan per share, with a price-to-earnings ratio at issuance of 14.99 times.

On the financial side, the company's revenue in 2023, 2024 and 2025 was 212 million yuan, 253 million yuan and 333 million yuan respectively, while net profit was 41.87 million yuan, 46.45 million yuan and 69.17 million yuan. In the first half of 2026, revenue was 180 million yuan and net profit was 36.9 million yuan.

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