Changes in Hong Kong stocks | Najun Technology (09856) rose more than 11% in early trading, Nazhen Technology is backed by Hisense Group and is expected to form healthy interactions with two other listed companies

The Zhitong Finance App learned that NaZhen Technology (09856) rose more than 11% in early trading. As of press release, it rose 6.66% to HK$38.1, with a turnover of HK$589 million.

According to public information, Najun Technology is a mature supplier of optical communication and optical connectivity products. 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.

Orient Securities pointed out that Najun Technology is Hisense Group's core layout in the field of optical communication and AI computing power infrastructure. As the controlling shareholder, Hisense Group Holdings not only provides endorsements to the company in terms of capital and industrial resources, but also forms potential business interactions and technical collaborations with Hisense Video and Hisense Home Appliance listed company platforms. Hisense Vision has formed a potential technical complement with Najun Technology's optical module business through holding the Qianzhao Optoelectronics card position light chip and CPO technology.