On September 18, XIZHI TECH-P rose 10%, trading at 290 HKD/share. On the news front, the global optical communication sector has continued to recover in recent sessions.

Overseas peers including Credo Technology and MaxLinear posted consecutive daily rebounds of over 5%, with market participants viewing the prior sell-off — triggered by concerns over a slowdown in AI large model development — as sentiment-driven rather than reflecting any material change in AI computing demand or medium-to-long-term optical module shipment plans. Domestically, newly released electronic information industry policies explicitly promote full-chain breakthroughs in integrated circuits, boosting HK-listed optical communication and semiconductor names broadly.

Separately, the company held a special general meeting on September 14, where all five special resolution proposals were approved with approximately 97.59% votes in favor, laying the authorization groundwork for its H-share option scheme and share award plan covering approximately 9.4 million shares. The stock had previously corrected from around 401 HKD to the 277 HKD level after its inclusion in Stock Connect on September 9, suggesting near-term oversold recovery momentum.