Another industry giant is making its move toward an “A+H” dual-listing setup.
On the evening of June 10,optical module powerhouseEoptolink（300502.SZ）dropped some newssayingthat,to further supercharge their capital base and sharpen their competitive edge while amplifying their global footprint,the company is actively planning to issue overseas listed foreign shares (H-shares) and list them on the Main Board of the Hong Kong Stock Exchange.
The announcement notes that,this H-share issuance and listing still needs shareholder approval, plus regulatory filings with China’s CSRC and formal nods from both HKEX and the SFC. So yeah, there’s still quite a bit of road ahead before this actually clears hurdles and hits the market.
Investors clearly dug the news. On June 11,shares spiked over 4%.Right now,they’re trading around 553.05 RMB per share, up 0.36%,valuing the company at roughly 771 billion RMB<span.Since last June’s sub-90 RMB lows,We’ve seen a massive run — over five times higher.
Eoptolink isn’t flying solo here.They’re part of the so-called “Optical Module Triad,”teaming up withZhongji Innolight（300308.SZ）andTFC Optical（300394.SZ）a combo investors affectionately call “Yi-Zhong-Tian.”
In fact, Eoptolink is just following suit. Both Zhongji Innolight and TFC Optical were already plotting their own HKEX runs. Back in November 2025, Zhongji Innolight gave the nod to management to start prepping those H-share listings. Meanwhile, TFC Optical filed their official application with HKEX on April 10, 2026, dropping all the necessary paperwork on the exchange’s site the same day.
All this momentum comes from one huge driver:the relentless boom in AI compute spending.And honestly,Eoptolink’s earnings have been absolutely crushing it lately.
Take a look at the numbers:full-year 2025 brought in 24.84 billion RMB in revenue (up 187.29%),with net profit hitting 9.53 billion RMB (jumping 235.89%),while non-GAAP net profit landed at 9.51 billion RMB.Q1 2026 didn’t let up either — revenue surged past 8.34 billion RMB (+105.76%),while attributable net profit climbed to 2.78 billion RMB (+76.80%).
Built back in 2008 and publicly traded since 2016,Eoptolink’s bread and butter revolves around designing, manufacturing, and shipping high-performance optical modules and components.You’ll find their gear powering everything from hyperscale data centers and telecom grids (FTTx, LTE, long-haul) to security systems and smart grids.By 2024,they’d already punched their ticket into the global top three optical module players.
Tech-wise, they’re playing in the big leagues.Eoptolink sits in an elite club of manufacturers capable of mass-producing and delivering 800G+ optical modules.They were also among the very first to ship 1.6T unitsand pioneered the large-scale production of Linear Pluggable Optics (LPO).Fast forward to March 2026,and they rolled out a fresh batch of AI-datacenter-ready hardware ahead of the curve: 1.6T DR4 modules (single-wave 400G IMDD), a 6.4T NPO solution, and even a 12.8T XPO pluggable module.
Landing an HKEX listing would be a massive win for Eoptolink.Beyond just pumping up their war chest,it’d significantly amplify their international clout and open doors to deeper global partnerships.
According to their site,they’re aggressively expanding their global footprint.Where,their wholly-owned US subsidiary is deep in the trenches of silicon photonics, coherent optics, and SiPh chip markets,constantly pushing boundaries.Over in Thailand,their fully owned manufacturing campus is up and running across two phases — the second phase alone covers 115 mu with nearly 70,000 square meters of floor space.
And Eoptolink’s definitely not the only one riding this wave.We’re seeing more and more domestic giants flip the switch to A+Hdual listings.Look at GigaDevice.After wrapping up their HKEX debut earlier this year,their Hang Seng stock quadrupled in under six months.Q1 results were absolutely stellar: net profit skyrocketed 522.79% YoY,revenue nearly doubled,non-GAAP profit hit 1.41 billion RMB,and operating cash flow crushed last year’s pace by 430%.
The bigger picture is even crazier.Wind data shows that by early June 2026,20 A-share companies have successfully pulled off A+H listings in Hong Kong,with fundraising totals smashing records left and right.The HK IPO scene is absolutely heating up— 65 companies went public in the first half of 2026 alone,pulling in over 176.5 billion HKD.Hard tech and next-gen productivity firms are completely owning this space.We’re no longer just talking about traditional plays;the A+H trend has spilled over into advanced manufacturing, clean energy gear, semiconductors, consumer goods, and tech services.The future of cross-border capital routing is undeniably shifting southward.
