On November 12, Beijing time, MSCI (Morgan
Stanley Capital International), a global index provider, announced the results
of its November 2026 Index Quarterly Review. Under this adjustment, the H
shares of Zhongji InnoLight (03308.HK) have been added to the MSCI China Index.
The adjustment will officially take effect after the market close on November
30, 2026.
MSCI indexes are among the important index
systems widely followed and used by international institutional investors, and
changes to their constituents attract attention from global capital market
participants. The inclusion of Zhongji InnoLight's H shares in the MSCI China
Index is expected to further enhance the Company's visibility in international
capital markets and reflects the market attention it has received within the
global optical communications industry.
The Company's strong financial performance
provides a solid foundation for its continued development. In the first three
quarters of 2026, the Company recorded revenue of RMB 69.547 billion,
representing a year-on-year increase of 178.13%, and net profit attributable to
shareholders of the parent company of RMB 22.238 billion, up 211.81% year on
year. In the third quarter alone, revenue reached RMB 27.769 billion, an
approximately 25% increase quarter on quarter, while the gross profit margin
stood at 46.6%. The increasing contribution of high-end products and the
growing penetration of silicon photonics have continued to support improvements
in profitability, with the Company's operating fundamentals remaining solid.
Benefiting from the global expansion of AI
computing infrastructure, the Company continues to increase shipments of
high-end 800G and 1.6T optical transceivers, with 1.6T products having become a key
driver of revenue growth. Orders from the Company's major customers already
cover the full year of 2027, while some key customers have provided demand
guidance for 2028.
The Company will continue to develop
next-generation optical interconnect solutions for a range of network
architectures, including scale-out, scale-up, scale-across, and scale-in. It
will further increase R&D investment in 1.6T, 3.2T, and higher-speed
optical transceivers, while actively developing next-generation products such as NPO
(Near-Packaged Optics). The Company has already begun joint development and
sample delivery activities for selected products with key customers.
Next-generation NPO products are expected
to gradually ramp up in the second half of 2027, with broader deployment
anticipated in 2028. The Company's technology development roadmap continues to
progress in an orderly manner, supporting its medium- and long-term
development.
The inclusion of Zhongji InnoLight's H
shares in the MSCI China Index reflects the Company's increased visibility in
international capital markets.
