First day of the IPO | Najun Technology (09856) was first listed in early trading and opened 11.04%. The company ranked fifth among all professional optical module manufacturers in the world

The Zhitong Finance App learned that NaZhen Technology (09856) was listed for the first time. The announcement showed that each share was priced at HK$3,296. A total of 172 million shares were issued, with 100 shares per lot, with a net proceeds of about HK$5.445 billion. As of press release, it rose 11.04% to HK$36.6, with a turnover of HK$654 million.

According to public information, Najun Technology is a mature supplier of optical communication and optical connectivity products. It is committed to R&D, manufacturing and sales of optical modules, optical chips and optical network terminals to provide services to domestic and foreign customers. Over the past 20 years, with its ability to produce and deliver a variety of high-quality products, the company has empowered global cloud service providers, telecommunications and network equipment suppliers and operators, covering AI, cloud computing, FTTx, transmission networks and wireless applications.

According to Frost & Sullivan data, in 2025, in terms of global optical module revenue, the company had a 4.0% market share, ranking fifth among all professional optical module manufacturers in the world; in terms of China's optical module revenue, the company had a market share of 10.1%, ranking third among all professional optical module manufacturers in the world.