New stock news | Zhongji Innolight (300308.SZ) reportedly plans to go public in Hong Kong as early as June, aiming to raise $5 billion.

According to reports, Zhongji Innolight (300308.SZ) plans to list in Hong Kong as soon as June, with the fundraising scale increasing from the earlier reported $3 billion to $5 billion, potentially becoming the largest new stock listing in Hong Kong since the listing of Contemporary Amperex Technology. The report indicates that the listing work of Zhongji Innolight is being handled by CICC, GF SEC, Goldman Sachs, and Morgan Stanley. Zhongji Innolight announced in November last year its plans to list in Hong Kong to further its internationalization strategy and global expansion, and strengthen its overseas financing capabilities. It is noted that unlike other mainland companies listing in Hong Kong through the "A+H" method, Zhongji Innolight is using a confidential filing approach to advance its listing, which helps the company avoid premature disclosure of business secrets, with details to be made public after regulatory approval. Zhongji Innolight is one of Nvidia's core suppliers, specializing in high-speed optical module products. Financial reports show that the company's operating revenue in 2025 was 38.24 billion yuan, an increase of 60.25% year-on-year; net profit attributable to shareholders was 10.797 billion yuan, an increase of 108.78% year-on-year; non-GAAP net profit attributable to shareholders was 10.71 billion yuan, an increase of 111.31% year-on-year; and basic earnings per share was 9.80 yuan.