Youxun shares begin subscription as first optical communication chip stock
Youxun Co., Ltd. officially opened share subscriptions on December 8, 2025, marking its debut as the first publicly listed company in the field of optical communication electronic chips. The issue price was set at 51.66 yuan per share (about 7.25 USD), with a subscription limit of 4,500 shares.
The company's IPO application passed review on October 15, earning recognition as the first stock in this specialized sector on China's Science and Technology Innovation Board. Founded in 2003, Youxun focuses on research, design, and sales of optical communication front‑end transceiver and transmission chips.
According to ICC statistics, Youxun ranked first in China's market share for products at 10Gbps and below in 2024, and second globally. This strong positioning highlights the company's leadership in mid‑speed optical communication solutions.
Financial disclosures show operating income of 339 million yuan (about 47.6 million USD) in 2022, 313 million yuan (about 44 million USD) in 2023, and 411 million yuan (about 57.7 million USD) in 2024. Net profits for those years were 81.4 million yuan (about 11.4 million USD), 72.1 million yuan (about 10.1 million USD), and 77.9 million yuan (about 10.9 million USD). In the first half of 2025, revenue reached 239 million yuan (about 33.6 million USD) with net profit of 47 million yuan (about 6.6 million USD). The company expects full‑year net profit between 92 million and 98 million yuan (about 12.9-13.8 million USD).
Youxun Co., Ltd., established in 2003, is recognized as a "national manufacturing single champion enterprise" in China's optical communications industry. The company specializes in optical transceiver and transmission chips, serving both domestic and international markets. With a strong focus on R&D and innovation, Youxun has built a reputation for reliable mid‑speed optical communication products. Its headquarters are located in China, and it continues to expand its presence globally as demand for high‑performance communication infrastructure grows.
