A-share subscription | Wenfeng Optoelectronics (920296.BJ) opens subscription as one of the domestic special cable manufacturers with products covering the six major military industry sectors
The Zhitong Finance App learned that on October 12, Wenfeng Optoelectronics (920296.BJ) began the subscription. The issuance price was 11.45 yuan/share, the maximum subscription limit was 1 million shares, and the issuance price-earnings ratio was 13.51 times. It belongs to the Beijing Stock Exchange, and Guoyuan Securities is its sponsor.
According to the prospectus, Wenfeng Optoelectronics is mainly engaged in R&D, production and sales of high-performance, high-reliability special cables and optoelectronic components. The products are widely used in aviation, aerospace, weapons, military electronics, ships, nuclear industries, etc.
The company has scientific research and production capabilities for customized production of special cables, flexible manufacturing, precise inspection and timely supply guarantee to provide customers with reliable products and first-class services. The company's products are mainly used in the military industry. The main customers are China Aviation Industry, Aerospace Science and Technology, Weapons Industry, Weapons Industry, Weapons Equipment, China Telecom, Changhong Electronics, China Shipbuilding, China Institute of Engineering Physics and its key enterprises and research institutes.
Wenfeng Optoelectronics's main products include special cables, optoelectronic components, etc. Most of the company's special cable conductors use high-purity copper-based and alloy conductors such as silver plating, tin plating, and nickel plating. The insulation materials mainly use cross-linked ethylene-tetrafluoroethylene copolymers, fusible polytetrafluoroethylene, polyperfluoroethylene propylene and other high-performance fluoroplastics and polyimide composite film materials, etc., and use special thin-wall extrusion technology, wrap sintering technology, wire core compression molding technology, etc., so that the products have excellent electrical properties (high conductivity, shielding), strong electrical insulation, high current carrying capacity), signal transmission performance, soft and strong machinery Performance, flame retardancy, high and low temperature resistance, corrosion resistance, radiation resistance, good convenience, high reliability, etc.
At present, Wenfeng Optoelectronics has developed into a leading domestic manufacturer and manufacturer of special cables and optoelectronic components in the military special cable field, with a wide product coverage, complete product structure, and independent intellectual property rights. The company has nearly 50 series of products, more than 400 categories, and thousands of specifications. It is one of the domestic special cable manufacturers with products covering the six major military fields. The company's “Wenli” trademark won the title of “China's Famous Trademark” and “First Top Ten Key Promotion Brands in the Manufacturing Industry in Anhui”.
According to instructions issued by the Wire and Cable Branch of the China Electrical Appliance Industry Association, Wenfeng Optoelectronics's leading products are in the top five in the military aerospace special cable segment, and the business scale of its main products is in the top ten in the military special cable market. Relying on technology accumulation, stable product performance and supporting service capabilities in the field of special cables, the company has become one of the core suppliers in the domestic military cable field, and has strong competitive advantage and brand recognition in the high-end market segment.
On the financial side, in 2023, 2024, 2025, and January-June 2026, the company achieved operating income of about 207 million yuan, 194 million yuan, 230 million yuan, and 169 million yuan respectively; in the same period, it recorded net profit of about 695.212 million yuan, 58.12,000 yuan, 709.81 million yuan, and 54.9292 million yuan, respectively.
