Fiberhome Telecommunication Technologies Co., Ltd.
Fiberhome Telecommunication Technologies Co., Ltd. (stock code 600498) announced on 10 December 2025 that it has fully repaid the portion of its raised funds that was temporarily used to supplement working capital. The repayment was made on 8 December 2025, before the end of the 12‑month period authorized for the temporary use of the funds. The company confirmed that the repaid amount has been transferred back to its dedicated raised‑funds account and has notified its sponsor, Guafa Securities, and its sponsoring representative.
Background of the Temporary Use of Raised Funds
In December 2024, the Board approved the use of up to RMB 2.7 billion of idle raised funds for temporary working‑capital support. The approval allowed the funds to be rolled over within the 12‑month window and to be returned in advance of the completion of the projects that required the liquidity.
Repayment Details
- Date of repayment: 8 December 2025
- Total amount repaid: the full amount of idle raised funds that had been temporarily allocated for working capital
- Account: raised‑funds special account
- Notification: sponsor Guafa Securities and the sponsoring representative were informed of the repayment
The Board’s statement affirms that no misstatements or omissions are present in the announcement and that all information is accurate and complete.
Market Activity on 11 December 2025
On 11 December 2025, the Shanghai stock market recorded a net financing purchase of RMB 12.987 million for Fiberhome (code 600498). This figure places the stock among the 14 shares that received net financing purchases exceeding RMB 100 million on that day. The transaction contributed to a broader market environment where 1716 stocks received net financing purchases, and 14 of those stocks saw purchases over RMB 100 million.
Industry Context
Fiberhome’s product portfolio—integrated broadband access systems, fiber optics, fiber cables, and components for Dense Wavelength Division Multiplexing (DWDM) systems—positions it within the broader communications‑equipment sector that has been benefiting from increased demand for high‑capacity optical infrastructure. Recent market movements in related sectors, such as light‑module manufacturing, indicate sustained growth driven by AI and cloud computing needs, which could support Fiberhome’s business prospects.
Company Fundamentals (as of 9 December 2025)
- Sector: Information Technology
- Industry: Communications Equipment
- Primary Exchange: Shanghai Stock Exchange
- Currency: CNY
- Close Price: CNY 24.88
- 52‑Week High/Low: CNY 31.48 / CNY 17.06
- Market Capitalisation: CNY 32.09 billion
- Price‑to‑Earnings Ratio: 34.73
These fundamentals reflect the company’s current valuation within the broader market and provide a snapshot of its financial position following the repayment of the temporary working‑capital allocation.
