Whether it is in various news reports in the industry or in the performance reports of major optical fiber manufacturers, offshore wind power is hailed as the next opportunity in the optical fiber industry.

From the perspective of national policy, the development of new energy industry has become the main goal of many countries, and China's "14th Five-Year Plan" emphasizes the need to vigorously develop new energy industry, including the development of new energy in the Marine field is the focus of the new energy industry, such as offshore wind turbine power generation, Marine tidal energy, Marine natural gas and oil exploitation.

From the market data point of view, as of the end of 2021, China's cumulative installed capacity of offshore wind power is about 16.9GW, more than the sum of previous years, and by 2030, the installed capacity of offshore wind power in China's coastal provinces is expected to be close to 60GW.

With the rapid development of the offshore wind power market, the demand of the submarine cable market is also expanding. According to the data of statistical institutions, the global submarine cable delivery increased from 1954km in 2014 to 5836km in 2020, with a compound annual growth rate of 20.00%, among which China's submarine cable delivery increased from 158km in 2014 to 2904km in 2020, with a compound annual growth rate of 62.45%. It shows that the market prospect of submarine cable industry is broad.

Light cable naturally will not let go of such an opportunity, not to mention this opportunity also hit the best field of light cable, it is thought that this is also the reason why light cable is eager to raise capital to expand production.

However, after the completion of the fundraising, whether the funds can really be used for the original project needs to be a question mark, after all, the outcome of the previous three investment projects can not be calculated. When the progress of the project is still unknown, can the optical cable rely on its own strength for many years and "clear market prospects" to convince investors again?