TechFlow news, July 17, according to Bloomberg, Zhongji Innolight Co., Ltd. has obtained approval from the China Securities Regulatory Commission and the Hong Kong Stock Exchange to proceed with its listing plan in Hong Kong. The company received the filing notice from the China Securities Regulatory Commission on Friday and had previously obtained clearance from the HKEX.
The report noted that this listing is expected to be one of the largest IPO projects in Hong Kong in recent years, with a fundraising amount of up to $8 billion.
Zhongji Innolight is a leading enterprise in China's high-end optical communication modules, with core businesses covering optical communication devices and intelligent equipment. Its products are applied in cloud data centers, AI computing clusters, wireless communication, and metro and backbone networks.
