Crealights Technology Co., Ltd. (Ticker: 1191 HK) is a China-domiciled semiconductor and optoelectronic interconnection products company. The company develops, manufactures and sells optical transceivers, active optical cables and other optoelectronic interconnection products, with applications mainly in AI data centers and high-speed data transmission. Its product portfolio includes 100G, 200G, 400G and 800G optical transceivers, including silicon photonics-based products, as well as AOC and AEC products.

Crealights is expected to list on the Hong Kong Stock Exchange on June 29, 2026, after pricing 13.43 million H shares at HKD 114.00 per share, raising approximately HKD 1.53 billion, or approximately $195 million. The offering consists entirely of primary shares and includes a 15% greenshoe option. The company’s market capitalization at offer is approximately HKD 10.21 billion, or around $1.3 billion.

According to Frost & Sullivan, Crealights ranked seventeenth globally among optical transceiver providers by revenue in 2025, with a 0.8% global market share. Huatai Financial Holdings Hong Kong is the manager of the offering.