New stock news | Nasen Technology's Hong Kong IPO prospectus has become invalid.

Najin Technology Company (hereinafter referred to as Najin Technology) submitted its Hong Kong stock prospectus on August 25, 2025, which expired after 6 months on February 25, 2026, with Citigroup and CITIC SEC serving as its joint sponsors. According to the previous prospectus, Najin Technology is a global leading full-stack supplier of optical communication and optical connectivity solutions, providing the most critical optical communication products for AI computing networks. The company is also one of the few enterprises globally that have both optical module and optical chip research and mass production capabilities. According to data from Frost & Sullivan, in 2024, based on global optical module revenue, Najin Technology ranked fifth among all professional optical module manufacturers worldwide; based on Chinese optical module revenue, the company ranked third among all professional optical module manufacturers worldwide. Furthermore, according to the same source, in 2024, based on global datacom optical module revenue, the company ranked among the top five among all professional optical module manufacturers worldwide, based on global FTTx optical module revenue, the company ranked among the top three among all professional optical module manufacturers worldwide, and based on Chinese optical network terminal box revenue, the company ranked among the top three among all professional optical network terminal box manufacturers worldwide.