New Stock News | It is rumored that Zhongji Innolight (300308.SZ) has secretly submitted documents to the Hong Kong Stock Exchange to raise at least $3 billion.

According to media reports citing informed sources, Chinese optical communication module manufacturer Zhongji Innolight (300308.SZ) has secretly submitted an application for a Hong Kong listing, which could become one of the largest initial public offerings (IPO) in Hong Kong this year. The sources previously stated that Zhongji Innolight plans to raise at least $3 billion USD through this IPO. Currently, the relevant preparations are still underway, and details such as the size of the offering and the timing of the listing have not been finalized. Zhongji Innolight did not respond to requests for comment. Public information shows that Zhongji Innolight was established in June 2005 and is a professional provider of high-speed optical module solutions. It is a technology innovation enterprise that integrates research and development, design, packaging, testing, and sales of high-end optical communication transceiver modules. Zhongji Innolight is a supplier to American technology giants such as NVIDIA and was listed on the Shenzhen Stock Exchange in April 2012. Reports indicate that as investors have flocked to artificial intelligence and related companies, its A-share price has risen about sixfold in a year but has dropped over 4% since 2026. As of April 2nd, the company's market value has surpassed 640 billion RMB. Zhongji Innolight's annual report for 2025 shows that the company's operating income was 38.24 billion RMB, a year-on-year increase of 60.25%. The net profit attributable to shareholders of the listed company was 10.797 billion RMB, a year-on-year increase of 108.78%. The net profit attributable to shareholders of the listed company excluding non-recurring gains and losses was 10.71 billion RMB, a year-on-year increase of 111.31%. The basic earnings per share was 9.8 RMB. During the reporting period, benefiting from strong investment in computing power infrastructure by end customers, the company's product shipments grew rapidly, with the proportion of high-speed optical modules continuing to increase. With ongoing optimization of product solutions and continuous improvement in operational efficiency, the company's operating income and net profit saw significant growth compared to the same period last year.