New stock news | Chuanxi Zhike Technology plans to list in Hong Kong, or become the first stock of "AI optical communication and computing power" in Hong Kong.

According to informed sources, Shanghai Xizhi Technology Co., Ltd. (referred to as Xizhi Technology) plans to conduct an IPO in Hong Kong, and is expected to launch its listing as soon as this year. It may become the first stock in Hong Kong's "AI optoelectronic communication computing power" sector. Xizhi Technology, as a leading global provider of optoelectronic hybrid computing power, mainly provides customers with a series of computing power migration solutions. Starting from the three core technologies of photon matrix computing (oMAC), on-chip optical network (oNOC), and inter-chip optical network (oNET), the company has created two product lines of photon computing and optical network, providing customers with more creative and efficient computing power support. Public information shows that Xizhi Technology has completed five rounds of financing, with a total amount exceeding 1.8 billion yuan. Investors include Shanghai Science and Technology Innovation Fund, Tencent, Baidu Ventures, Zhongke Chuangxing, Wei Wei China, Sequoia Capital, Saudi Aramco P7 and other institutions. The company's overall valuation has exceeded 1 billion U.S. dollars (approximately 7.2 billion yuan). In September 2025, Xizhi Technology completed a Series C financing round exceeding 1.5 billion yuan. This round of financing attracted funds under China Mobile Limited, Shanghai Guotou, Guoxin Fund, Pudong Venture Capital and other investment institutions. Existing shareholders Zhongke Chuangxing, Yijing Capital, and Tencent continued to increase their investment.