On June 2, reports surfaced indicating that Wuhan Ruixin Special Optical Fiber Co., Ltd., a wholly-owned subsidiary of Raycus Laser, is dedicated to the research and development, production, and marketing of specialized optical fibers. The company commands the top domestic market share in the realm of laser-specific optical fibers, with some of its communication optical fiber technologies achieving international leadership standards. Presently, buoyed by surging downstream demand in sectors such as laser processing, optical communications, and aerospace sensing, the company is experiencing a surge in orders, with its capacity utilization rate soaring above 97%.
