Producer
Hengtong Optic-Electric Co., Ltd.
Suzhou-based Chinese optical fiber and cable conglomerate (SSE: 600487). China's largest optical fiber and cable manufacturer by some measures; ~15% international market share. Produces preforms via VAD technology (acquired through OFS/Hengtong JV, est. 2010) and its own wholly-owned preform plant (Hengtong Photoconductive New Materials, est. 2016, planned 1,500 t/yr capacity). Won 15.48% share (15.3M fiber-km) of 2025/2026 China Mobile cable tender. Also produces submarine cables, energy cables, and satellite communication systems. Claims preform self-sufficiency since ~2017.
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Optical Fiber & Cables
45%Power Cables
30%Internet & Communications Systems
15%New Energy Materials
10%
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Did you know2024
Hengtong Group — China's largest fiber optic cable company — acquired a 49% stake in Huawei Marine Networks in 2019, renaming it HMN Technologies. HMN is now one of the world's three major submarine cable system integrators (alongside SubCom/US and Alcatel Submarine Networks/France). Hengtong's terrestrial fiber preform technology, submarine cable manufacturing (Changzhou), and HMN's system integration capability create a vertically integrated undersea internet infrastructure company under Chinese ownership — a combination that Western intelligence agencies have explicitly flagged as a concern for undersea cable surveillance. The same company making fiber for 5G towers is also laying the cables under the Pacific.
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