SHE:300308.SZ News 18 January 2026 - 1 February 2026

Zhongji Innolight’s Class A shares closed up 5.7% at 649 yuan in Shanghai after the company forecast 2025 net profit of 9.8–11.8 billion yuan, up as much as 128% from last year. Executives told investors orders now stretch through late 2026, but warned key optical-chip supplies remain tight in the first half. The stock is up about 465% over the past year.

Zhongji Innolight’s Shenzhen-listed A-shares fell 5.8% to 585 yuan by Friday’s close, despite fund disclosures showing it as the largest holding among China’s active equity mutual funds. Shareholders are set to vote Jan. 28 on an H-share offering and a planned Hong Kong listing. A block trade of 43,900 shares totaled about 25.69 million yuan. Market value stands near 650 billion yuan with a P/E ratio of 68.36.

Zhongji Innolight A-shares fell 5.8% to 585 yuan in Shenzhen on Friday, reversing a sharp rally, as a 43,900-share block trade worth 25.69 million yuan crossed the market. Mutual funds held 78.4 billion yuan in Zhongji at year-end, making it one of the most-owned stocks. The drop came as funds rotated out of CPO stocks. Zhongji denied rumors linking it to a related-party stake buy in Tongyuan Environment.

Zhongji Innolight’s controlling shareholder completed a planned sale of 5.5 million shares, cutting its stake to 10.93%, according to a Friday filing. Zhongji shares closed down 1.3% at 617 yuan. Investors now await a Jan. 28 vote on the company’s proposed Hong Kong H-share listing. Mainland markets are closed for the weekend.