Changes in Hong Kong stocks | Najun Technology (09856) rose nearly 6% the day after listing, AI promotes the rapid development of the optical communication industry, digital optical modules are the company's main growth engine

The Zhitong Finance App learned that NaZhen Technology (09856) was officially listed on the main board of the Hong Kong Stock Exchange yesterday. It once surged more than 18% and rose nearly 6% this afternoon. As of press release, it had risen 5.86% to HK$36.5, with a turnover of HK$480 million.

According to reports, Najun Technology is a leading supplier of optical communication and optical connectivity products in China. The product layout covers optical modules, optical chips, and optical network terminals. 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.

In the first half of this year, the company achieved revenue of 5.393 billion yuan, up 27.9% year on year; profit for the period was 661 million yuan, up 29.7% year on year. By business, optical module internal digital communication module revenue was 3,745 billion yuan, up 36.6% year on year, mainly driven by increased demand for AI and cloud computing related applications, and sales increased in China and overseas markets; telecom optical module revenue was 533 million yuan, which was basically the same year on year; optical network terminal revenue was 1,030 million yuan, up 12.3% year on year; and optical chip revenue was 85 million yuan, up 424.6% year on year.