New stock news | It is rumored that Zhongji Innolight (300308.SZ)'s plan to list in Hong Kong is close to being approved and the hearing may be held as early as this week.

According to media reports citing sources familiar with the matter, the A-share optical module leader Zhongji Innolight (300308.SZ) is close to obtaining approval from Chinese regulatory authorities for its planned listing in Hong Kong. After completing the overseas listing filing with the China Securities Regulatory Commission, the company is expected to hold a listing hearing on the HKEX as early as this week, marking a crucial step towards its H-share issuance. Sources revealed that Zhongji Innolight's listing in Hong Kong this time is expected to raise approximately $7 billion (around HK$546 billion). If successful, it could become one of the largest IPO projects in recent years in the Hong Kong capital market. Previously, market news indicated that Zhongji Innolight originally planned to raise about $5 billion, but due to positive feedback from early-stage investor roadshows and strong market subscription intentions, the company has raised its target fundraising size to $7 billion and plans to launch the Hong Kong IPO as early as mid-July. As a leading global supplier of optical communication modules, Zhongji Innolight mainly produces high-speed optical module products for artificial intelligence (AI) data centers. With the continuous acceleration of the global AI computing infrastructure construction, the demand for high-speed optical modules has been growing rapidly, and the company's performance has maintained rapid growth in recent years. According to Zhongji Innolight's first-quarter report for 2026, the company's operating income was 19.496 billion yuan, a year-on-year increase of 192.12%. Net profit attributable to the company's shareholders was 5.735 billion yuan, a year-on-year increase of 262.28%. Net profit attributable to the company's shareholders excluding non-recurring gains and losses was 5.718 billion yuan, a year-on-year increase of 264.56%. Basic earnings per share were 5.18 yuan.