Analysis of the Popularity of Zhongji Innolight (300308.SZ): Driven by Surge in AI Optical Module Demand and Hong Kong Listing Plan

As a leading global optical communication module manufacturer, Zhongji Innolight has recently become the focus of market attention, mainly driven by the following core factors:

The global AI data center construction boom has led to a surge in demand for optical modules. As a key supplier of AI computing infrastructure, the company has benefited significantly [1][4]. Its technological leadership in the 800G high-speed optical module field and strategic cooperation with international tech giants like Google have further consolidated its market position [0].

According to reports, the company plans to list in Hong Kong to raise at least US$3 billion, with cooperating institutions including CICC, GF Securities, Goldman Sachs, and Morgan Stanley [6]. This move will not only enhance the company’s capital strength but also reflect the market’s confidence in its future development prospects [0].

Since 2025, the company’s stock price has risen by 13.25%, with a market capitalization reaching RMB 60.3582 billion [0]. As one of China’s top stocks in 2024, it continued its strong performance in 2025, benefiting from the growth in AI computing demand and the overall popularity of the optical communication sector [1][3].

China’s tech self-reliance and substitution policy has brought localization opportunities to the company, enabling it to occupy an important position in the domestic AI industry chain [1][4].

The popularity of Zhongji Innolight reflects the investment trend in the AI infrastructure field, especially since optical modules, as core components of AI data centers, have sustained strong demand [0][3]. The Hong Kong listing plan will further enhance the company’s international influence and attract more global investors [6].