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

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
  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. Ing, Lili Yan; Grossman, Gene M. (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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