Southern Communications Holdings Co., Ltd. (the “Company”) (stock code: 1617) (together with its subsidiaries collectively the “Group”) is a well-known supplier of optical communication products headquartered in Changzhou City, Jiangsu Province, People's Republic of China (“China”). The Group is mainly engaged in the manufacture and sale of various optical cable products and related equipment, as well as the processing and sale of color-coated steel sheets. The Group forms a complete industrial chain through its joint venture entities and associated companies through optical fiber prefabricated rods and optical fiber businesses. As a leading company in the optical cable market in China, the Group provides various types of optical cables and related equipment to meet customer needs. These optical cables are used for different applications in the telecommunications industry (such as mobile communication networks, Internet networks, and fixed telephone networks) and can be installed under different conditions. The Group's customers mainly include national and regional telecom network operators and telecom ancillary service providers in China. The Group has established stable long-term relationships with major customers, and the Group's brands are trustworthy, which will greatly facilitate sales for the Group's continued business operations. The Group has been well received in the Chinese optical cable market. The Group's optical cable product manufacturing has been certified by ISO 9001:2015, ISO 10012:2003, ISO 14001:2015, ISO/IEC 27001:2013 and ISO 45001:2018, and has been recognized as a high-tech enterprise by the Science and Technology Department of Jiangsu Province of China since 2010. In 2018, the company was granted laboratory accreditation by the China National Accreditation Committee for Conformity Assessment. Furthermore, the Group has been awarded an AAA-level enterprise industry credit by the China Communications Enterprises Association, demonstrating our commitment to pursuing the highest product quality. The Group also participated in the drafting of national and telecom industry standards relating to optical cables in China initiated by the China Communications Standardization Association and issued by government departments. The Group believes that with the Group's advantages in product quality and research capabilities, the Group has successfully enhanced the market popularity of its products. The Group is supported by two production sites (namely the Wujin Plant and the Jintan Plant) located in Changzhou, Jiangsu Province, China, covering a total area of about 76,900 square meters. The Group's total annual production capacity has reached about 15 million core kilometers. Our Wujin plant and Jintan plant have been certified as national and Changzhou green factories respectively, showing our efforts in green production and environmental protection. On December 12, 2016, the Company's shares were successfully listed (“listed”) on the main board of the Stock Exchange of Hong Kong Limited (the “Stock Exchange”). As of December 31, 2022, the Company had 1,626,240,000 issued shares (“Shares”).
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