Eoptolink Technology Inc., a Chinese manufacturer of optical transceivers, is preparing for a Hong Kong initial public offering (IPO) that could raise up to $3 billion. The Chengdu-based company is collaborating with Citic Securities Co. and JPMorgan Chase & Co. on the potential share sale. This move follows a massive rally that pushed Eoptolink's market valuation to approximately 750 billion CNY (about $103 billion), fueled by its critical role in AI infrastructure.
The company specializes in high-speed optical modules, including 800G and 1.6T products, which are essential for connecting GPUs in data centers. Eoptolink reported explosive financial growth, with a 235.89% surge in net profit to 9.532 billion CNY in 2025. This momentum continued into Q1 2026, with revenue jumping 105.76% to 8.338 billion CNY and net profit increasing 76.80% to 2.78 billion CNY. Demand for its high-end modules is so intense that major customers have locked in capacity through Q4 2026, signifying strong interest from North American hyperscalers. Eoptolink has reportedly secured long-term supply agreements from 2026 to 2030 with tech giants like Meta, Microsoft, and Amazon, focusing on its 1.6T products.
Eoptolink's components, which include a DSP-based 800G LPO module launched in 2023, are also utilized by technology leaders such as Google and Nvidia. The proceeds from the Hong Kong listing are intended to fund research and development in next-generation silicon photonics and advanced packaging, upgrade smart manufacturing capabilities, and expand production capacity. These investments are crucial as Chinese firms, including Eoptolink, dominate the global optical module market, holding over 60% of the aggregate market share in 2026, according to LightCounting.
