01191 海光芯正
CREALIGHTS
CREALIGHTS
| Register Close | 2026/06/24 IPO Closing in 6 Days |
| Listing Date | 2026/06/29 |
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IPO Detail
COMPANY PROFILE
Crealights Technology Co. is a provider of optoelectronic interconnection products, offering optical transceivers, active optical cables (“AOC”), and other products. The Group’s optoelectronic interconnection products are widely deployed in AI data centers to support high-speed, high-density and energy-efficient data transmission.
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The Group’s optical transceiver portfolio covers 100G, 200G, 400G and 800G transmission speeds and is compatible with various industry-standard form factors. All of the Group’s single-mode optical transceivers are of 400G and above adopt SiPh technology.
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According to the report, the Group ranked seventeenth globally among optical transceiver providers by revenue in 2025, with a global market share of 0.8% in terms of revenue in 2025, and ranked eighth globally among Chinese optical transceiver providers in terms of AI optical transceiver, with a global market share of 1.6% by revenue in 2025.
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As of June 8, 2026, the Group had four commercialized SiPh optical transceivers and one commercialized SiPh optical transceivers under development. The Group’s customers primarily consisted of global leading internet companies and internet companies in China.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | IT Hardware |
| Major Business Area | China |
| Board Lot | 50 |
GLOBAL OFFERING
| No. of Offer Shares | 13.43M H shares |
| No. of International Offer Shares | 12.09M H shares |
| No. of HK Offer Shares | 1.34M H shares |
| Offer Price | $114.00 |
| Stock Code | 1191 |
| Sponsor(s) | Huatai Financial Holdings (Hong Kong) Limited |
| Underwriter(s) | Huatai Financial Holdings (Hong Kong) Limited |
TIME TABLE
| Application Period | Jun 18 (Thu) - noon, Jun 24 (Wed) |
| Price Determination Date | -- |
| Result Announcement Date | On or before Jun 26 (Fri) |
| Result Announcement Date | On or before Jun 26 (Fri) |
| Result Announcement Date | On or before Jun 29 (Mon) |
| Dealings in Shares commence on | Jun 29, 2026. (Mon) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $114.00 |
| Capitalization (H Shares) | 10.21B |
| NAV / share ($) | $23.55 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 114, the net proceeds raised would be HKD 1.42B, of which |
| 53.4% : Expanding production capacity for optical transceivers, and other optoelectronic interconnection products, and enhancing automation across product lines |
| 35% : Continuous investment in the research and development of new products and technologies |
| 1.5% : Business promotion and market expansion initiatives |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).