On July 5th, Zhongji Innolight Co.,Ltd. addressed market speculation on an interactive investor platform, stating that rumors claiming "the company's upstream material diffuser sheets are being blocked" do not align with the facts.
The company clarified that it maintains normal procurement channels for its core materials, with suppliers actively providing support, and there is no situation involving a blockade. While optical modules involve an assembly process, which is one among dozens of steps, they cannot be simplistically equated with the assembly industry. High-end optical modules encompass core technologies such as silicon photonics and coherent optics, and also require long-term reliability testing and stringent customer qualification processes. In summary, the system design, integration optimization, and manufacturing processes for optical modules constitute core technologies and are far from being simple assembly or kit-building.
Furthermore, Innolight responded to a question regarding whether the introduction of Corning's glass bridge technology would negatively impact the company's future. The company stated that the aforementioned technology represents a new solution for internal optical coupling components within CPO (Co-Packaged Optics), not a replacement for optical module products. Even if it becomes mainstream in the medium to long term, the company's diversified technology portfolio would allow it to fully adapt.
At the close of trading on July 3rd, shares of Zhongji Innolight Co.,Ltd. were priced at 1116 yuan per share, giving the company a market capitalization of 1.2446 trillion yuan.
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