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4500亿龙头拟赴港IPO!CFO年薪218万,四大出身
Sou Hu Cai Jing·2025-10-09 10:03

Core Viewpoint - The successful acquisition of Suzhou Xuchuang by Zhongji Xuchuang has positioned the company for an IPO in Hong Kong, riding the wave of growth in the AI and optical communication sectors, significantly increasing its market value and the wealth of its controlling shareholder [6][11][20]. Company Overview - Zhongji Xuchuang specializes in the research, production, and sales of high-end optical communication transceivers, serving clients in cloud computing data centers, data communication, 5G wireless networks, telecommunications, and fixed network access [6][7]. - The company is a supplier for NVIDIA, producing optical transceivers used in GPU chips [7]. Financial Performance - In the first half of 2025, Zhongji Xuchuang reported revenue of 14.789 billion yuan, a year-on-year increase of 36.95%, and a net profit of 3.995 billion yuan, up 69.40% [7]. - The company achieved a remarkable growth in cash flow from operating activities, which surged by 232.45% to 3.218 billion yuan [7]. - Zhongji Xuchuang sold 9.05 million optical communication transceivers, marking a nearly 46% increase in sales volume, generating revenue of 14.432 billion yuan, a growth of nearly 39% [8]. Market Position - Zhongji Xuchuang's market primarily lies in North America and Europe, with 7.25 million transceivers sold overseas, contributing 12.769 billion yuan to its revenue, accounting for over 85% of the segment [8]. - The company's market capitalization has soared, with its value reaching over 450 billion yuan, making it the highest-valued company in Shandong province [10][21]. Leadership and Management - Wang Weixiu, the controlling shareholder, has seen his stock holdings valued at nearly 60 billion yuan, making him the richest person in Yantai, Shandong [5]. - The company has undergone significant leadership changes, with Wang Weixiu stepping down as chairman in August 2023, appointing Liu Sheng as the new chairman [20]. Historical Context - The pivotal acquisition of Suzhou Xuchuang in 2017 transformed Zhongji Xuchuang's business focus from motor winding equipment to optical modules, significantly altering its trajectory and market presence [11][18][20].