Page 20 - 2021年光通信竞争力报告(摘要版)

10 The competitiveness report on the Top 10 competitiveness enterprises in the optical communications industry China & Global market in 2021 (15 ) (Abstract Edition)
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By stages, from 2015 to 2017, the industry prosperity index increased rapidly, indicating that China's optical fiber and cable
industry was in rapid expansion; from 2018 to 2020, the growth rate of the industry declined; in the first quarter of 2020, the
industry prosperity index first slowed down for more macroeconomic pressure from covid-19. From the third quarter of 2020
to the second quarter of 2021, with the stabilization and recovery of China's economy, the consensus index reflecting the current
prosperity of the industry was 102.1, up 1.8 points month on month.

Figure 5 Revenue Growth of
Listed Optical Fiber and Cable Enterprises

Besides, with the continuous impact of the epidemic and increased demand for consumption and entertainment,
the demand for optical fiber and cable in China has been increasing. From 2015 to 2020, the number of netizens in
China was close to 1 billion, and the penetration rate reached to 70.4%, displaying that the industry revenue and the
growth rate of users shown a trend of slowing down year by year from high-speed growth and short-term fall to a
stable and rising stage. Against such industry background, the revenue of China’s optical fiber and cable market kept
growing with the revenue in 2020 reaching 37.5 billion yuan (see Figure 5). However, affected by the increasing
downward pressure on the macro economy and the combined impact from macroeconomic environmental factors at
home and abroad, the growth rate of the industry decreased from 15.4% in 2015 to - 5.7%, with an average annual
growth rate of nearly 7.5 percentage points. It is predicted that China's optical fiber and cable industry will enter a
period of steady growth (see Figure 6).

Figure 6 Forecast of the Development Trend OF China's Optical Fiber
and cable industry

Finally, all the members of the review team of “Network Telecom” and “Annual Ranking Event of Top 10
Competitiveness Enterprises in the Optical Communications of China & Global Market” would like to express
heartfelt gratitude for the participation and cooperation from the industry colleagues over the past 15 years!