FilingReader Intelligence
Yangtze Optical Fibre shares plunge amid major stake sale
July 30, 2025 at 05:29 PM UTC•By FilingReader AI
Yangtze Optical Fibre and Cable's A-shares fell over 20% from July 28-30 as major shareholder Draka Comteq sold 37.6 million H-shares, reducing its stake to 10% of total share capital.
The Dutch company's latest block trade follows previous sales in April, June, and July. Yangtze Optical Fibre expects 2024 revenue to fall 8.65% with net profit down 47.91%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SSE:601869•Shanghai Stock Exchange
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