Eoptolink Technology Reportedly Selecting Banks for $3 Billion Hong Kong Listing

Stock News04-24

Eoptolink Technology Inc.,Ltd. (300502.SZ) is reportedly in the process of selecting banks for its Hong Kong initial public offering, which is expected to raise at least $3 billion. According to sources, the company is collaborating with CITIC and JPMorgan on preparations for the listing. Previous reports indicated that Eoptolink Technology was considering a Hong Kong listing with an anticipated fundraising amount of at least $3 billion. Public information shows that Eoptolink Technology is a global leader in optical interconnect solutions, primarily engaged in the research, development, production, and sales of a full range of optical modules for various optical communication applications. Its products serve domestic and international clients in areas such as AI computing clusters, cloud data centers, and telecommunications networks. According to the company's first-quarter 2026 report, it achieved revenue of 83.38 billion yuan, a year-on-year increase of 105.76%. Net profit attributable to shareholders of the listed company was 27.8 billion yuan, up 76.80% year-on-year. Net profit attributable to shareholders after deducting non-recurring gains and losses was 27.68 billion yuan, an increase of 76.44% year-on-year. Basic earnings per share were 2.8 yuan. On April 24, Eoptolink Technology's stock price fell over 11%, with a turnover exceeding 50 billion yuan, closing at 537.27 yuan and a market capitalization of 534 billion yuan.

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