Henan Xinyu Guang Technology and its sponsor have disclosed responses to the first round of inquiries for its Beijing Stock Exchange IPO, covering 12 questions across 614 pages. Xinyu Technology focuses on passive optical communication components and precision structural parts and plans to raise CNY 550 million. Revenue in 2023, 2024, and 2025 was CNY 152 million, CNY 259 million, and CNY 508 million, respectively, with net profit of CNY 86.591 million in 2025.
Shanghai Xihe Technology has released the registration version of its STAR Market IPO prospectus, describing itself as one of the world's major suppliers of silicon photonic integrated chips. Its customers include leading optical module makers and cloud service providers, and its products are already shipping at scale into AI clusters and hyperscale data centers. According to estimates by optical module makers, at the same speed and distance, silicon photonic solutions can reduce total cost by nearly 20% and cut the volume of components within a module by nearly 30%.
Why we recommend it: The source provides cost and volume data for silicon photonics versus discrete components, helping to understand the domestic supply chain for AI data center optical interconnects.
Medical optical imaging company Siloton has received a contract worth about GBP 8.4 million (USD 11 million) from Innovate UK to accelerate development of its handheld eye imaging system, enabling easier detection and monitoring of eye diseases.
Xiver, a MEMS and photonic chip foundry at the Eindhoven High Tech Campus, has secured EUR 28 million in debt financing from Dutch bank ABN Amro to expand production of photonic chips for optical communications and infrared sensing.
Siloton will receive GBP 8.4 million in funding from Innovate UK over two years to advance GiraffeOCT, an OCT technology based on quantum photonic integrated circuits, toward clinical use. The funding is expected to shorten the development timeline by about two years.
Why we recommend it: The source article describes the funding path for taking photonic integrated OCT from the lab to the clinic, serving as a reference for the industrialization of medical optics devices
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Electro OpticsOptics industryOptics and AIPicksAI score6161
Salience Labs, a University of Oxford spinout developing photonic chips for AI data centers, announced GBP 95 million in funding to scale mass production of optical circuit switches and expand its presence in Silicon Valley.
Why we recommend it: The source article explains the positioning of optical circuit switching chips for AI data centers, helping understand where optical switching fits in compute networks
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Salience Labs, which develops photonic chips for AI data center interconnects, has closed an oversubscribed USD 125 million Series B round. The company previously demonstrated a 64-port all-optical silicon photonic circuit switch at ECOC 2026.
Why we recommend it: The source article links the funding to the 64-port all-optical switch demonstration at ECOC, helping assess the commercial progress of silicon photonic optical switching
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UK-based silicon photonics company Salience Labs has closed a USD 125 million Series B round to expand development of optical circuit switch (OCS) technology and ease network bottlenecks in AI data centers.
Why we recommend it: The source article highlights the positioning of optical circuit switching against AI data center bottlenecks, helping understand capital enthusiasm for silicon photonic switching
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Jiangsu Yotai Photonics listed on the Beijing Stock Exchange on October 9 at an issue price of 13.75 yuan per share, offering about 17.6667 million shares and raising about 243 million yuan. The share price rose 449% on its first day of trading. The company mainly produces optical modules and optical interconnect products for data centers.
Kunyou Optoelectronics announced the completion of a C+ round exceeding 1 billion yuan, with investors undisclosed. The company's 12-inch wafer-level optics production line in Lingang, Shanghai, built with an investment of 2 billion yuan, is expected to be completed and come online in 2027, targeting AR, fiber optics, optical communications, automotive optics and optical computing markets. This follows its C round in January 2026 and a C+ round of nearly 400 million yuan in April.
Why we recommend it: The article lists three funding rounds this year and progress on the 12-inch wafer-level optics line, helping understand capital and capacity deployment in wafer-level optics
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Suzhou Dongshan Precision Manufacturing has passed its listing hearing at the Hong Kong Stock Exchange. CIC says it is the world's only supplier with capabilities in PCBs, optical chips and optical modules at the same time. These products together account for about 9% to 14% of AI server material costs, and the company is expanding in optical interconnects through Source Photonics in optical modules.
Avalon Holographics has announced a CAD 11.7 million purchase commitment for holographic displays from Lockheed Martin Canada, including a new CAD 5.6 million order.
Guangdong Jinding Optics plans to list on the ChiNext board, issuing up to 19.1706 million shares to raise CNY 758 million for projects including a precision optical equipment and optical products intelligent manufacturing base. The article notes frequent changes in its shareholding structure, customer concentration, and inconsistencies between its purchase and sales data and those of Yutong Optics.
Wuhan Yuanxi Photonics has completed an angel funding round worth tens of millions of yuan, with investors including CASSTAR and Hongshan Capital. Founded in late 2025, the company will focus on metasurface optical chip R&D and product introduction, targeting the two major markets of intelligent 3D sensing and data center optical interconnects.
Polish company Gekko Photonics has won the $1 million Luminate NY prize for its online chemical analyzer and says it will expand its production base for online Raman analyzers in Rochester, New York.
Beijing Shiweitong's STAR Market IPO entered the inquiry stage on July 22, 2026, with plans to raise 793 million yuan, sponsored by CITIC Securities. The company has an overall gross margin of 58 percent and has ranked first in domestic market share for multifunctional lithium niobate optical devices for several consecutive years, but its revenue growth remains sluggish.
On September 10, the China Securities Regulatory Commission approved the registration of a public share offering by Jinan Senfeng Laser Technology to unspecified qualified investors. The approval was disclosed on September 24, marking progress in the company's review and registration for a Beijing Stock Exchange listing. Senfeng Laser was founded in 2007.
Hengtong Optic-Electric has released a private placement plan to raise up to CNY 6.636 billion for next-generation optical fiber R&D and production, construction of high-end optical new materials in Inner Mongolia, and advanced AI optical interconnect projects. The issuance will target no more than 35 investors.
Why we recommend it: The original article lists the investment directions, helping to understand the optical fiber leader's spending on AI optical interconnect
Haichuang Optoelectronics filed its listing tutoring record with the Beijing Stock Exchange on September 22 and signed a tutoring agreement with Industrial Securities. The company's STAR Market IPO was accepted in 2023 but voluntarily withdrawn in November 2025. After a performance decline from 2024 to 2025, net profit grew 578% in the first half of 2026.
Xili Photonics has completed a Pre-A round of financing worth over 100 million yuan, led by Futu Capital, with participation from the Shanghai Future Industry Fund and others. The funds will be used for R&D on thin-film lithium niobate photonic chips and system-on-chip integration technology, product iteration and the construction of a wafer production line.