Wikipedia

T&S Communications

T&S Communications, simply referred to as T&S (sometimes as T and S[3]), fully known as T&S Communications Co., Ltd.,[4] is a Chinese[5] fiber optic communication company[6] founded in 2000. After obtaining approval from the CSRC,[7] the company was listed on the Shenzhen Stock Exchange in December 2016,[8] with China Merchants Securities as its lead underwriter.[9] It specializes in manufacturing fiber optic connectors[10] and ceramic ferrules.[11]

T&S Communications Co., Ltd.
Native name
深圳太辰光通信股份有限公司[1]
Company typePublic
SZSE: 300570
IndustryElectronics
Founded2000
HeadquartersShenzhen
Area served
Worldwide
Key people
Zhang Zhimin (chairman)[2]
Websitewww.china-tscom.com

T&S products are mainly for the European and American markets,[12] such as Hungary,[13] and the US.[14] The company also entered the metaverse communication network market.[15] In 2017, it acquired Ruixinyuan Technology.[16] In 2019, it received more than $15 million in subsidies from the Chinese government.[17] In 2022, its full-year sales reached more than 930 million yuan.[18]

History edit

T&S was incorporated in 2000.[19] It was transformed into a joint-stock company in 2011.[20] In March 2016, its IPO application was approved.[21] In September, it attended the ECOC Exhibition in Germany.[22]

In December 2016, T&S officially went public on the ChiNext,[23] under the symbol "300570.SZ".[24] In March 2018, the company opened a joint venture plant in Cserkeszőlő with Kontaset.[25]

References edit

  1. ^ "T&S Communications Releases Third-Quarter 2023 Report". Caixin Global. November 10, 2023.
  2. ^ Li Xia (June 25, 2019). "Chinese Companies Accelerate Tech Innovation Amid Trade Tensions". Xinhua News Agency.
  3. ^ "T and S Announces 2017 Final Distribution Plan". MarketScreener. July 23, 2018.
  4. ^ "T&S Communications to pay annual cash div as 2.2 yuan per 10 shares for FY 2017". Reuters. March 28, 2018.
  5. ^ Stephen Hardy (December 21, 2021). "China's Fiber Optic Connector Industry Boosts Competitive Edge via R&D". Lightwaveonline.com. Archived from the original on February 5, 2024.
  6. ^ Michael Smith (October 21, 2019). "The view of Hong Kong from across the border". Australian Financial Review.
  7. ^ Fu Zhifeng (March 21, 2016). "The SSE Composite Index Is Expected to Continue Its Uptrend in the Short-Term". The Wall Street Journal.
  8. ^ Lin Qi (December 5, 2016). "T&S Communications and Anche Technologies to Land on the Shenzhen Stock Exchange Tomorrow". Reuters.
  9. ^ Lin Qi (December 6, 2016). "T&S Communications Officially Goes Public on the SZSE". Reuters.
  10. ^ Jennifer Robinson (October 20, 2020). "MPO Fiber Optic Connector Industry Key Drivers, Business Insights And Forecast 2026". Inter Press Service.
  11. ^ "The global ceramic ferrule market is expected to reach $626.43 million by 2027". MENAFN. January 28, 2020. Archived from the original on February 9, 2024.
  12. ^ Lin Chenyi (March 21, 2016). "Foreign Trade Growth Slows in China's Southeast Coastal Region". United Daily News.
  13. ^ "T&S Communications Expands To Hungary". Yahoo News. March 13, 2018.
  14. ^ "Three Companies' IPO Applications Approved". Shanghai Securities Journal. March 18, 2016. Archived from the original on February 4, 2024.
  15. ^ Purva Duggal (April 11, 2023). "Metaverse Communication Network Market Scope and Overview Report 2023". ResearchGate.
  16. ^ "T&S Communications Acquires Ruixinyuan Technology". MarketScreener. August 8, 2017.
  17. ^ Lili Yan Ing and Gene M. Grossman (2023). Local Content Requirements: Promises and Pitfalls. Routledge. p. 2-PA2001. ISBN 978-1-003-80693-6.
  18. ^ "T&S Communications Announces Full-Year 2022 Results". MarketScreener. March 13, 2023.
  19. ^ "Prospectus for Initial Public Offering and Listing on the GEM Board of T&S Communications" (PDF). China Securities Regulatory Commission. May 29, 2014. Archived (PDF) from the original on February 8, 2024.
  20. ^ Jiang Ninglu (December 9, 2016). "T&S Communications Landed on the ChiNext Market". Economic Daily. Archived from the original on December 10, 2016.
  21. ^ "IPO Applications of Suntak, VanJee and T&S Communications Approved". The Wall Street Journal. March 28, 2016.
  22. ^ "ECOC 2016 Final Programme" (PDF). VDE. September 21, 2016. Archived (PDF) from the original on February 9, 2024.
  23. ^ Laura He (July 12, 2018). "Telecoms stoke rally in Hong Kong and China fuelled by optimism ZTE has reached deal with the US government". South China Morning Post.
  24. ^ "5G concept stocks strengthen, T&S Communications shares hit limit up". Yahoo News. July 28, 2021.
  25. ^ "Kontaset Partners with Chinese Fiber Optic Component Maker T&S Communications". Government of Hungary. March 9, 2018. Archived from the original on February 12, 2024.
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