Zhongji Innolight (300308.SZ) Hot Stock Analysis: AI-Driven Growth and Hong Kong Listing Plan

Zhongji Innolight (300308.SZ) has recently become a hot stock in A-shares, mainly driven by the explosion in demand for AI data centers, a sharp rise in stock price, and its Hong Kong listing plan[1][2][5]. As a leader in the optical module industry, the company’s stock price rose by 300% in 2025, with market capitalization exceeding 500 billion yuan. It plans to raise at least 3 billion US dollars through listing in Hong Kong[2][3].

Benefiting from the artificial intelligence boom, global demand for high-end optical communication modules in data centers has surged, and Zhongji Innolight, as an industry leader, has directly benefited[5]. Its products are widely used in cloud computing data centers, 5G wireless networks, and other fields, becoming a core supplier for AI infrastructure construction[1].

Since 2025, the company’s stock price has risen by 300% cumulatively. As of recently, the stock price is about 543.22 yuan, with a market capitalization exceeding 500 billion yuan[1][4]. Trading volume was active in September, with daily trading volume ranging from 48 million to 79 million shares[4].

The company plans to list secondary in Hong Kong and has selected institutions such as CICC, GF Securities, Goldman Sachs, and Morgan Stanley for cooperation, with plans to raise at least 3 billion US dollars[2][3]. This move will further enhance the company’s capital strength and support global business expansion[2].

Zhongji Innolight, together with Xinyisheng and Tianfu Communication, is known as the ‘Yizhongtian’ portfolio in the optical module industry and is a star stock in the A-share optical communication sector[5]. Driven by AI, the optical module track has become the focus of market attention, and the sector’s overall performance is strong[5].

In the future, the company is expected to continue to benefit from the AI data center construction boom and the growth of the global optical communication market. If the Hong Kong listing plan is successfully implemented, it will bring more capital support to the company and further consolidate its leading position in the industry[2][5].