The market share ranks first in China and has repeatedly won the first place in mobile centralized procurement.

April 22, 2024
Latest company news about The market share ranks first in China and has repeatedly won the first place in mobile centralized procurement.

As a leading enterprise in the domestic optical fiber and cable industry, the company is one of the earliest optical fiber and cable manufacturers in China. It has been deeply involved in the industry for many years, has strong technical reserves and a wide customer base, and has first-mover advantages. Under the market trend of increasingly concentrated customers, the company's leading technological foundation, production capacity and stable customer base enable the company to maintain sufficient influence and attractiveness in the fierce market competition, consolidate market share and occupy a dominant position. The customer base of the optical fiber and cable industry is relatively concentrated, and the three major state-owned telecommunications operators are the main end customers of the domestic optical fiber and cable market. Through cooperation opportunities with the three major state-owned telecommunications operators, the company has an in-depth understanding of their market needs and product development trends, and develops and supplies optical fiber and cable products that meet customer needs in a targeted manner to improve its service quality. According to data from the Optical Communications Committee of the China Communications Society, the company's optical fiber and cable market share remained first in the country from 2018 to 2020, and the company's global market share in 2020 was 9.14%.

Since 2016, the company has repeatedly won the first place in China Mobile’s centralized procurement and won the mobile and telecommunications A-level supplier awards. In China Mobile's centralized procurement of ordinary optical cables in October 2021, the company won the bid with a share of 19.96%, ranking first; in China Telecom's 2022 trunk optical cable construction project (first batch) optical cable and supporting procurement projects, the company won the largest share of the bid. The company won the bid for the G.654.E trunk optical cable bidding package; in China Mobile's 2022-2023 centralized procurement of G.654.E optical fiber and cable products, the company won the bid with the largest share. In April 2022, the company won the 2021 China Mobile Excellent Supplier (Grade A); in May 2022, the company won the 2021 China Telecom Grade A-Product Supplier (Outdoor Optical Cable, Incoming Optical Cable), and the 2021 Supply Guarantee Contribution Award (Outdoor Optical Cable), the 2021 Rural Revitalization Partner Award, and the 2021 Emergency and Disaster Relief Contribution Award, etc., fully demonstrate the company's industry leading position and customers' high recognition of the company's comprehensive strength.