Fiberhome expands related-party deals, repays funds early

Fiberhome Telecommunication Technologies Co., Ltd. announced an increase in its estimated ordinary related-party transaction limit for 2025 with China Information and Communication Technology Group Co., Ltd. and its subsidiaries (collectively, "China Xinke") by CNY 50,000. This adjustment raises the total estimated amount to a range of CNY 1,000-55,000. This increase, representing 0.035-1.930% of similar business activities, is attributed to an expected rise in sales of goods to the related party, aligning with the company’s normal business operations. The board approved the increase on December 8, 2025, after independent director approval, with related directors abstaining.

GF Securities, acting as Fiberhome's sponsor, reviewed the proposed increase and concluded that it aligns with legal and regulatory requirements, causes no harm to the company or its shareholders, and ensures fair pricing based on market conditions.

In a separate but related announcement on December 10, 2025, Fiberhome also confirmed the full repayment of up to CNY 270,000,000 previously borrowed from idle raised funds to supplement working capital. The funds were returned to the dedicated raised capital account as of December 8, 2025, ahead of the 12-month usage term, ensuring the continued smooth operation of investment projects.