Draka Comteq reduces stake in Yangtze Optical Fibre and Cable

Draka Comteq B.V. has filed a simplified report on changes in equity, announcing a reduction in its stake in Yangtze Optical Fibre and Cable Joint Stock Limited Company. As of September 4, 2025, Draka Comteq B.V. sold 37,595,255 H-shares via block trades on the Hong Kong Stock Exchange, decreasing its holding from 10.00% to 5.00% of the total share capital.

This transaction is part of a series of share disposals by Draka Comteq B.V. over the past six months. Previous sales include 28,246,771 H-shares on April 17, 2025, 32,968,500 H-shares on June 5, 2025, and 5,826,756 H-shares between July 7 and July 21, 2025. Another 37,595,255 H-shares were sold on July 29, 2025.

Draka Comteq B.V. stated the purpose of these equity changes is based on financial management and business development needs. The company currently has no plans to increase its holdings in Yangtze Optical Fibre and Cable within the next 12 months but does not rule out further reductions.