According to the latest data from the Hong Kong Stock Exchange, on May 21, a shareholder of YOFC transferred shares from Standard Chartered Bank (Hong Kong) to The Hongkong and Shanghai Banking Corporation Limited, with a transfer value of HK$2.881 billion, accounting for 2.96% of the holdings.

Huatai Securities noted that the company's profit growth in Q1 significantly outpaced its revenue growth, primarily due to a substantial improvement in gross margin. In Q1 2026, fiber optic prices showed a month-on-month upward trend, and the company's delivery structure during the reporting period still included some low-priced long-term agreements/collective procurement orders. With the concentrated recognition of higher-priced orders starting from Q2, the firm is optimistic about an accelerated release of profit elasticity.

The company's performance is expected to see significant enhancement, driven by the rising prosperity of its core fiber optic cable business and diversified operations such as optical interconnect components.