Hengtong Optoelectronics seeks IPO for submarine cable subsidiary

bjnews.com.cn (Chinese)

Hengtong Optoelectronics plans to spin off its subsidiary, Hengtong Huahai, for an IPO on the STAR Market. Hengtong Huahai, specializing in submarine fiber optic cables, was valued at 8.396 billion yuan in late 2025. It is one of the few global companies capable of constructing transoceanic submarine cable systems. This move could add a fourth A-share listed company to the Hengtong Group, controlled by Cui Genliang and his son Cui Wei, whose wealth has significantly increased due to the AI boom.


With a significance score of 1.5, this news ranks in the top 38% of today's 33799 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: