Yangtze Optical Fibre and Cable Joint Stock C : Determination of the Offer Size and Offer Price for the A Share Offering

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Yangtze Optical Fibre and Cable Joint Stock Limited Company* ڗ࠭ΈᜄΈ᝙ٰ΅Ϟࠢʮ̡

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6869)

DETERMINATION OF THE OFFER SIZE AND OFFER PRICE FOR THE A SHARE OFFERING

This announcement is issued by Yangtze Optical Fibre and Cable Joint Stock Limited Company* (ڗ࠭ΈᜄΈ᝙ٰ΅Ϟࠢʮ̡) (the "Company") pursuant to the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

References are made to the announcements of the Company dated December 23, 2016, March 24, 2017, June 30, 2017, January 17, 2018, April 2, 2018, May 3, 2018, May 22, 2018, June 29, 2018 and July 2, 2018, and the circulars of the Company dated April 6, 2017, May 5, 2017 and April 20, 2018 in relation to, among other matters, the proposed A Share Offering by the Company and relevant matters. Capitalized terms used in this announcement shall have the meanings as those defined in the circular of the Company dated April 6, 2017 unless otherwise stated.

The Board is pleased to announce that, following the completion of preliminary price consultations with Enquired Persons on July 5, 2018, the Company will issue 75,790,510 A Shares at the issue price of RMB26.71 per A Share. The issue price was determined based on several factors including, among others, results of the preliminary price consultation, the fundamentals of the issuer, market conditions, price of the H Shares, valuation of listed companies which operates in the same industry, needs for proceeds and underwriting risks.

For the finalised terms of the A Share Offering, please refer to the full text of the Yangtze Optical Fibre and Cable Joint Stock Limited Company* A Shares Initial Public Offering Prospectus and its summary published by the Company in Chinese only on the website of the Shanghai Stock Exchange (www.sse.com.cn) and the HKEX news website of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) on July 9, 2018.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of the Company. The Company will keep the Shareholders and potential investors informed of any further development in relation to the A Share Offering when and as appropriate.

By order of the Board

Yangtze Optical Fibre and Cable Joint Stock Limited Company* ڗ࠭ΈᜄΈ᝙ٰ΅Ϟࠢʮ̡

Ma Jie Chairman

Wuhan, PRC, July 9, 2018

As at the date of this announcement, the board of directors of the Company comprises Zhuang Dan and Frank Franciscus Dorjee, as executive directors; Ma Jie, Yao Jingming, Philippe Claude Vanhille, Pier Francesco Facchini, Xiong Xiangfeng and Zheng Huili, as non-executive directors; Ngai Wai Fung, Ip Sik On Simon, Li Ping and Li Zhuo, as independent non-executive directors.

* For identification purposes only