To The Moon

XIZHI TECH-P (01879) rose more than 16% in late trading, reaching 15.64% as of press time at HK$180, with a turnover of HK$149 million.

On the news front, XIZHI TECH-P announced that following its successful listing on the Stock Exchange, the company has carefully evaluated capital market opportunities. To promote business development, deepen industrial positioning, and enhance overall competitive strength, the company plans to initiate work related to the issuance of RMB-denominated ordinary shares within mainland China. On November 2, 2026, the board reviewed and approved the signing of a tutoring agreement with Guotai Haitong Securities Co., Ltd., appointing Guotai Haitong as the tutoring institution for the proposed A-share listing, and will submit a tutoring filing application to relevant regulatory authorities in accordance with applicable laws and regulations.

Shenwan Hongyuan research report pointed out that XIZHI TECH-P is a scarce platform-based enterprise deeply engaged in optical computing and optical interconnect. At the Yunqi Conference in September, XIZHI TECH-P debuted 3.2T/6.4T NPO and SNPO (Scale-up NPO) silicon photonic chips. Following the commercial deployment of the 128-card version of XIZHI TECH-P's LightSphere X optoelectronic integrated super node in March, it has now achieved deployment of 2,000 cards, building China's first domestically-produced, commercialized optoelectronic integrated thousand-card scale computing cluster. The company's self-developed NPO near-package optical chip has completed full-link verification, and related products have been adapted with switches and GPU servers from Jiliu Technology, Fiberhome Communications, Enflame Technology, and Biren Technology.