Stock for short：长盈通
Stock code：688143

On December 12, 2022, Wuhan was getting cold in early winter, but the SSE Central China Base at the Financial Culture Park of Xiaogui Mountain in Wuchang was warm and fruitful. With a rising red sun, Yangtze Optical Electronic Co., Ltd. issued its initial public offering of shares (stock for short: YOEC, stock code: 688143) and was listed on the Science and Technology Innovation Board. The ceremony was held at 8:30 a.m.

Guests attending the listing ceremony of YOEC were: Yan Mi, member of the Party group, Deputy Director of the Hubei Provincial Local Financial Supervision Bureau and Director of the Provincial IPO Office; Zhou Feng, Deputy Director of the Office of the Military-Civil Integration Development Committee of the CPC Hubei Provincial Committee; Dai Feng, Deputy Director of Hubei Provincial Organ Affairs Bureau; Li Shouwen, Party Committee Member and Deputy Director of Management Committee of Wuhan East Lake Hi-tech Development Zone, and other relevant provincial and municipal leaders, representatives of shareholders, representatives of intermediaries, customer representatives and colleagues from all fields who have helped and supported us in the process of listing, all of whom witnessed the wonderful moment of the listing of YOEC. Li Shouwen, Deputy Director, and Pi Yabin, Chairman delivered important speeches at the listing ceremony, and Li Geping, General Manager and Deputy Secretary of the Party Committee of China Securities Co., Ltd. delivered a video message.

Li Shouwen, Deputy Director, offered his best wishes for the development of YOEC, hoping that YOEC would not forget its original intention, operate in good faith, respond to the trend and achieve new leaps and bounds, contribute to the construction of East Lake Science City, and contribute to the development of the unique optoelectronic information industry of Optics Valley in China.

On December 12, 2022, an ordinary but meaningful day, YOEC listed on the SSE Science and Technology Innovation Board, marking the successful listing of “the first public company of optical fiber coil” in China. YOEC is the 12th company listed on the Science and Technology Innovation Board in Hubei Province this year, and this listing is also the most important milestone in YOEC's 12-year history of innovation and entrepreneurship development, laying an important foundation for its future high-quality and healthy development. For the YOEC, by looking back at the past 12 years, to concentrate on a new chapter, start a new journey, it is another new beginning.

YOEC is a national key specialized, fined, peculiar and innovative "little giant" enterprise which is engaged in the R&D, production, sales and service of optic fiber coil, the core component of fiber optic gyroscope and its integrated solution, and is committed to developing the high-tech industrialization application of optic fiber coil and its main material, special fiber, mainly in the field of military inertial navigation. Fiber optic gyro is the core component of fiber optic inertial navigation system, which is widely used in tactical weapons, strategic missiles, military aircraft, ships, armored vehicles, carrier platforms, spacecraft, rockets and other equipment positioning and orientation systems, attitude heading control systems, compass systems, guidance and control systems, etc.

Guests from all walks of life and Chairman Pi Yabin rang the gong of listing together

As the pioneer and leader of the optic fiber coil industry in China, the related products of YOEC are important basic components in the national defense industry and "stranglehold" areas. The products such as FOG coil winding machine and gyro components are listed in the foreign export control list. The company has long been committed to technological research and development breakthroughs in this field, ensuring military support, promoting the engineering and industrial development of fiber optic gyros, and actively contributing to national defense security. Hearing of the listing of YOEC, the company's customers, industry associations, media and other friends from all walks of life have sent congratulatory messages to bless us and share the joy.

After the ceremony, the company held a grand appreciation party. On behalf of the company, Mr. Pi Yabin, Chairman and CEO, expressed his heartfelt thanks and sincere wishes to all the employees and partners from all walks of life who have been moving forward together. Guests from all walks of life gathered together to talk about the past and the blueprint of future. Industry experts sent a video of their blessings and messages, encouraging us to follow the spirit of President Xi's speech, to keep the lifeblood of science and technology firmly in our own hands, to continue to increase investment in research and development in the field of optic fiber coils, to strive to improve the level of scientific research, to continue to lead the development of optic fiber coil technology in the industry, and to make greater contributions to the cause of inertial guidance for our country.

The great pass seems unconquerable, but we’re determined to get through it step by step from now on! In the future, YOEC will take the listing as a new development opportunity, and continue to uphold the business philosophy of “Market is the key to the enterprise; R&D is the key to the enterprise; quality is the life of an enterprise” to work together with all partners for the pursuit of mutual benefit and win-win, and return shareholders, return employees and return the whole society with more excellent business performance!