Zhongji Xuchuang’s A and H shares tumbled at the close after US optical supplier
Applied Optoelectronics (AAOI.O) said AI‑infrastructure demand exceeds its
current supply by about 20–40% and signaled a rapid ramp: 800G revenue expected
nearly fivefold QoQ in Q3, and its first 1.6T product to complete customer
qualification in coming weeks and ship in late Q3. AAOI disclosed more than
$200m of 1.6T orders. Market participants said AAOI’s US onshore capacity could
give it a sourcing advantage and pressure valuations of Chinese optical‑module
peers. Zhongji Xuchuang’s investor‑relations team said the order statements in
the company’s July 2026 investor‑relations materials remain valid.
