Rifeng Co., Ltd. (002953.SZ) plans to invest 700 million yuan to build a project with an annual production capacity of 300 tons of optical fiber preform and 10 million core kilometers of optical fiber.

Zhitong Finance APP news, Rifan Co., Ltd. (002953.SZ) announced that according to the companys overall strategic plan, in order to further strengthen the extension of the communication equipment component business chain, and to respond to the "improvement of information and communication networks, deepening the large-scale deployment of fifth-generation mobile communication (5G), promoting the evolution of fifth-generation mobile communication (5G-A), the construction and development of ten-gigabit optical networks, and the technological innovation of sixth-generation mobile communication (6G), and promoting the independent iteration of the mobile Internet of Things" proposed in the national 14th Five-Year Plan, the company plans to invest approximately 700 million yuan to construct a project with an annual production capacity of 300 tons of optical fiber preform and 10 million core kilometers of optical fiber.