New Stock News | Zhongji Innolight (300308.SZ) Hong Kong IPO Approved by China Securities Regulatory Commission

On July 17th, the International Cooperation Department of the China Securities Regulatory Commission issued the "Notice of Overseas Issuance and Listing Filing of Zhongji Innolight Co., Ltd." The company plans to issue no more than 94,004,350 overseas listed common shares and list on the Hong Kong Stock Exchange. According to the prospectus, the company is a global leading provider of optical interconnect solutions. The company's optical interconnect solutions transmit data through fiber optics, enabling high-speed, energy-efficient, and low-latency connections between servers, switches, and other network devices in increasingly complex and data-intensive cloud and AI infrastructure. The company's main product is optical modules, which transmit data by converting electrical signals into optical signals.