Shanghai Optoelectronic Hybrid Computing Company XiZhi Technology Plans Hong Kong IPO

According to reports, Shanghai Xizhi Technology Co., Ltd. (referred to as “Xizhi Technology”), a photonic hybrid computing power manufacturer, plans to conduct an IPO in Hong Kong and is expected to initiate the listing process as early as this year. Xizhi Technology has completed multiple rounds of financing, with investors including Baidu, Tencent, Shanghai Guotou, China Mobile, China International Capital Corporation, China Merchants Venture Capital, Matrix Partners, Sinovation Ventures, Sequoia Capital, and others. It raised over 1.5 billion RMB in Series C funding by September 2025. At the 2025 World Artificial Intelligence Conference (WAIC), Xizhi Technology launched the world’s first distributed optical interconnect optical switch GPU supernode, “Guangyue LightSphere X.” (Science and Technology Innovation Board Daily)