Yangtze Optical Fibre And CableLimited : (1) REPORT OF THE BOARD FOR THE YEAR 2020 (2) REPORT OF THE BOARD OF SUPERVISORS FOR THE YEAR 2020 (3) 2020 ANNUAL REPORT (4) FINAL FINANCIAL REPORT FOR THE YEAR 2020 (5) PROPOSED PROFIT DISTRIBUTION PLAN FOR THE YEAR 2020 (6) PROPOSED RE-APPOINTMENT OF INDEPENDENT AUDITORS OF THE COMPANY FOR THE YEAR 2021 (7) PURCHASE OF LIABILITY INSURANCE FOR DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT (8) PROPOSAL ON THE 2021 ANNUAL EXTERNAL GUARANTEE AMOUNT AND (9) NOTICE OF AN

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your licensed securities dealer, bank manager, solicitor, professional accountant or other professional adviser.

If you have sold or transferred all your shares in Yangtze Optical Fibre and Cable Joint Stock Limited Company*, you should at once hand this circular together with the accompanying proxy form to the purchaser or the transferee or to the bank, licensed securities dealer or other agent through whom the sale or transfer was effected for transmission to the purchaser or the transferee.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular.

Yangtze Optical Fibre and Cable Joint Stock Limited Company*

長 飛光 纖 光纜 股份 有限 公 司

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

(Stock Code: 6869)

1. 1. REPORT OF THE BOARD FOR THE YEAR 2020
2. REPORT OF THE BOARD OF SUPERVISORS FOR THE YEAR 2020
3. 1. 1. 2020 ANNUAL REPORT
   2. FINAL FINANCIAL REPORT FOR THE YEAR 2020

1. PROPOSED PROFIT DISTRIBUTION PLAN FOR THE YEAR 2020
2. PROPOSED RE-APPOINTMENT OF INDEPENDENT AUDITORS OF THE COMPANY FOR THE YEAR 2021
3. 1. PURCHASE OF LIABILITY INSURANCE FOR DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT
   2. 1. PROPOSAL ON THE 2021 ANNUAL EXTERNAL GUARANTEE AMOUNT
      2. 
         AND
      3. NOTICE OF ANNUAL GENERAL MEETING

Letter from the Board is set out on pages 3 to 10 in this circular.

A notice convening the AGM to be held at Multi-Media Meeting Room, 201# Building, No. 9 Guanggu Avenue, East Lake High-tech Development Zone, Wuhan, Hubei Province, PRC on Friday, June 18, 2021 at 1:30 p.m. is set out on pages 17 to 19 of this circular.

If you intend to appoint a proxy to attend the AGM, you are required to complete and return the accompanying proxy form in accordance with the instructions printed thereon. The proxy form should be returned by holder of H Shares to the Company's H Share registrar, Tricor Investor Services Limited, at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong, by hand or by post not less than 24 hours before the time appointed for holding the AGM or any adjourned meeting thereof. Completion and return of the proxy form will not preclude you from attending and voting in person at the AGM or at any adjourned meeting should you so wish, but in such event the instrument appointing a proxy shall be deemed to be revoked.

References to time and dates in this circular are to Hong Kong time and dates.

• For identification purpose only

May 18, 2021

CONTENT
	Page
DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1
LETTER FROM THE BOARD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	3
APPENDIX I THE 2021 ANNUAL EXTERNAL GUARANTEE AMOUNT . . .	11
NOTICE OF THE ANNUAL GENERAL MEETING . . . . . . . . . . . . . . . . . . . . . . .	17

- i -

DEFINITIONS

In this circular, unless the context otherwise requires, the following expressions have the following meanings:

"AGM"	the annual general meeting of the Company to be held at
	Multi-Media Meeting Room, 201# Building, No. 9
	Guanggu Avenue, East Lake High-tech Development
	Zone, Wuhan, Hubei Province, PRC on Friday, June 18,
	2021 at 1:30 p.m., or any adjournment thereof
"A Share(s)"	ordinary share(s) of the Company, with a nominal value
	of RMB1.00 each, which are traded in Renminbi and
	listed on the SSE (stock code: 601869)
"Articles of Association"	the articles of association of the Company, as amended
	from time to time
"Board"	the board of directors of the Company
"Board of Supervisors"	the board of supervisors of the Company
"Company"	Yangtze Optical Fibre and Cable Joint Stock Limited
	Company* (長飛光纖光纜股份有限公司), a joint stock
	limited company incorporated in the PRC with limited
	liability, the A Shares and H Shares of which are listed on
	SSE and the Main Board of the Stock Exchange,
	respectively
"Director(s)"	the directors of the Company
"Group"	the Company and its subsidiaries
"H Shares"	overseas listed foreign shares in the share capital of the
	Company, with a nominal value of RMB1.00 each, which
	are listed on the Main Board of the Stock Exchange and
	traded in Hong Kong dollars (stock code: 6869)
"Hong Kong"	the Hong Kong Special Administrative Region of the
	PRC
"Listing Rules"	the Rules Governing the Listing of Securities on The
	Stock Exchange of Hong Kong Limited

• For identification purpose only

- 1 -

	DEFINITIONS
"PRC"	the People's Republic of China, and for the purpose of
	this circular, excludes Hong Kong, the Macau Special
	Administrative Region of the PRC and Taiwan
"RMB"	Renminbi, the lawful currency of the PRC
"Share(s)"	A Shares and/or H Shares
"Shareholder(s)"	holders of Shares
"SSE"	The Shanghai Stock Exchange
"Stock Exchange"	The Stock Exchange of Hong Kong Limited
"subsidiaries"	has the meaning ascribed thereto under the Listing Rules
"Supervisors"	the supervisors of the Company

- 2 -

LETTER FROM THE BOARD

Yangtze Optical Fibre and Cable Joint Stock Limited Company*

長 飛光 纖 光纜 股份 有限 公 司

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

	(Stock Code: 6869)
Executive Directors:	Registered Office:
Mr. Zhuang Dan	No. 9 Guanggu Avenue
	East Lake High-tech Development Zone
Non-executive Directors:	Wuhan, Hubei Province
Mr. Ma Jie (Chairman)	PRC
Mr. Philippe Claude Vanhille
Mr. Guo Tao	Principal Place of Business in Hong Kong:
Mr. Pier Francesco Facchini	Level 54
Mr. Frank Franciscus Dorjee	Hopewell Centre
Mr. Xiong Xiangfeng	183 Queen's Road East
Ms. Lai Zhimin	Hong Kong

Independent Non-executive Directors:

Mr. Bingsheng Teng

Mr. Liu Deming

Mr. Song Wei

Dr. Wong Tin Yau, Kelvin

May 18, 2021

To the Shareholders

Dear Sir or Madam,

• 1. 1. REPORT OF THE BOARD FOR THE YEAR 2020
  2. REPORT OF THE BOARD OF SUPERVISORS FOR THE YEAR 2020
  3. 1. 1. 2020 ANNUAL REPORT
     2. FINAL FINANCIAL REPORT FOR THE YEAR 2020
  1. PROPOSED PROFIT DISTRIBUTION PLAN FOR THE YEAR 2020
  2. PROPOSED RE-APPOINTMENT OF INDEPENDENT AUDITORS OF THE COMPANY FOR THE YEAR 2021
  3. 1. PURCHASE OF LIABILITY INSURANCE FOR DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT
     2. 1. PROPOSAL ON THE 2021 ANNUAL EXTERNAL GUARANTEE AMOUNT
        2. 
           AND
        3. NOTICE OF ANNUAL GENERAL MEETING
• For identification purpose only

- 3 -