On August 17, Rifeng Cable made an announcement stating that, in line with the company's overarching strategic blueprint and with the aim of fortifying the business chain for communication equipment components, it is set to respond proactively to the mandates set forth in the national '15th Five-Year Plan'. These mandates emphasize the enhancement of information and communication networks, the acceleration of 5G and gigabit optical network rollouts, the promotion of 5G-A and 10-gigabit optical network construction, as well as the fostering of 6G technological innovation. Consequently, the company has earmarked an investment of approximately 700 million yuan for a project that will yield an annual production capacity of 300 tons of optical fiber preforms and 10 million core-kilometers of optical fibers.