中际旭创启动H股上市筹备，80余家机构提前“探营”

Core Viewpoint - The company, Zhongji Xuchuang, plans to initiate the preparation for issuing H-shares and listing on the Hong Kong Stock Exchange to enhance its international financing capabilities and support its global expansion strategy [1] Group 1: Company Developments - The company announced a board meeting on November 10, 2025, to authorize management to start the preparatory work for the overseas issuance of shares [1] - The company aims to improve its governance and core competitiveness through the H-share listing, which aligns with its overall development strategy [1] - The company is a leading provider of high-speed optical interconnection solutions, with products widely used in cloud computing data centers, wireless networks, and telecommunications [1] Group 2: Financial Performance - In the first three quarters of this year, the company achieved a revenue of 25.005 billion yuan, representing a year-on-year growth of 44.43% [1] - The net profit attributable to shareholders reached 7.132 billion yuan, with a year-on-year increase of 90.05% [1] - The net profit after deducting non-recurring gains and losses was 7.084 billion yuan, showing a year-on-year growth of 90.54% [1] Group 3: Market Trends and Customer Demand - The company participated in a high-profile institutional research event with over 80 top domestic and international institutions, indicating strong interest in its operations [2] - There is a rapid growth in industry demand, with major overseas clients increasing capital expenditure guidance for AI data center construction [2] - The company has seen a continuous release of 800G order demand since the first quarter, with expected growth in shipment volumes [2][3] - Key customers are beginning to deploy 1.6T technology, with anticipated growth in orders over the next few quarters [2]