Suzhou TFC Optical reports strong Q3 growth, adjusts incentive plan

Suzhou TFC Optical Communication announced a strong third quarter in 2025, with revenue reaching RMB 3.91bn and net profit attributable to shareholders at RMB 1.46bn. This represents significant growth from the previous year, with sales increasing by 63.63% and net profit by 50.07%.

The company plans to hold its second extraordinary general meeting of 2025 on November 14, 2025, to approve several proposals. The agenda includes revisions to company bylaws and a plan to manage idle capital, authorizing the use of up to RMB 40bn for highly liquid, low-risk wealth management products.

Additionally, Suzhou TFC Optical is adjusting its 2023 restricted stock incentive plan, canceling 81,400 shares due to employee departures. The exercise price for the remaining shares has been revised to RMB 18.51 per share, and the number of shares adjusted to 2,755,956 (first grant) and 825,580 (reserved grant) following a capital increase and dividend distribution.

These adjustments align with the company’s capital allocation and dividend distribution policies, which included a cash dividend of RMB 5.00 per 10 shares and a capital reserve to share capital increase of 4 shares per 10 shares in 2024 and an interim cash dividend of RMB 5.00 per 10 shares in 2025.