InnoLight Technology (Suzhou) was established in April 2008 and has achieved annual sales of more than 5 billion yuan in just over 10 years. It has emerged as a leading domestic optical communication enterprise, recognized around the world.
Founded by American venture capitalists and a team of PhDs, InnoLight Technology (Suzhou) believes that “Innovation lights the future". It has made full use of talent and its market advantages to independently develop cutting-edge products since its inception. InnoLight Technology went public by restructuring its assets (securities code: 300308 ZhongJi InnoLight), winning recognition in the capital market and laying a solid foundation for further development.
The global economy has opened the door to 5G and cloud computing. As the core component of modern communications, the market for optical transceivers will affect the world's most advanced technologies and the future of the global digital economy. For InnoLight Technology, that means an unprecedented opportunity for development.
Driven by technology and guided by the market, employees at InnoLight Technology operate with a mindset of "Innovation, Speed, Precision and Teamwork". They are in tune with the model of global optical communication enterprises, starting as China's leading optical communication enterprise.
National intelligence Hardware elite
Since its establishment, InnoLight Technology has focused on the development, manufacture and customer technical support for the 10G/25G/40G/100G/200G/400G series optical transceivers. In data communications that involve long-distance transmission, wireless networks, and large data centers, the optical transceiver solutions provided by InnoLight Technology are exerting a great influence on the market. The company has maintained a global lead in market share for future-oriented 40G QSFP+ /100G QSFP28 high-speed optical transceivers based on cloud data centers. It has also taken the lead in introducing 400G optical transceiver products to the industry. Its global competitiveness is increasingly evident in core technology fields such as optical packaging technology, high-speed circuit design, automatic manufacturing and testing capability systems.
As of June 2019, InnoLight Technology, with "innovation" as a key core value of its corporate culture, owned 73 authorized patents, including 43 invention patents, 27 overseas patents and 11 overseas authorizations.
InnoLight Technology has been honored with high-tech Enterprise Certification, a first prize for Municipal Science and Technology and a third prize for Provincial Science and Technology Progress. The company's entrepreneurial team won the provincial-level title of "innovative team", and is supported by industry authorities such as the National Torch Plan, the Provincial Special Fund for the Transformation of Major Achievements, the Innovation Fund of the Ministry of Industry and Information Technology, and the Electricity Development Fund of the Ministry of Industry and Information Technology.
These accolades demonstrate InnoLight Technology's research and development strengths and national wisdom, exemplifying a model enterprise of photoelectric communication in China and around the world.
Market supremacy Successful listing
The optical transceiver products independently developed by InnoLight Technology are high-speed, large-capacity, miniaturized, low-power, and low-cost, far ahead of similar products around the world. The products are widely applied by the world's top three data center operators, first-class equipment manufacturers and leading system integrators in North America, Europe and Asia.
In July 2017, InnoLight Technology entered the capital markets after listing on the Shenzhen Stock Exchange after asset restructuring (stock abbreviation: ZhongJi InnoLight, stock code: 300308). This listing has made the company the most valuable listed company in the domestic optical communication device industry, highlighting its leading position in the domestic optical communication enterprise. Looking at similar products enterprises all over the world, if not us, then who?
Presently, the company has nearly 3,000 employees and its sales revenue has achieved continuous and rapid growth: in 2017, its revenue reached nearly 4 billion yuan and its net profit per unit reached nearly 0.59 billion yuan. In 2018, its revenue reached 5.1 billion yuan and net profits reached 750 million yuan.
Talent-driven Leading concept
Its talent-oriented strategy is the foundation of InnoLight Technology and the continuous driving force of its rapid development.
InnoLight Technology was established in High-tech Park, Suzhou in April 2008. Its start-up team included famous venture capitalists and overseas returnees from the US, as well as outstanding technical and marketing personnel at home and abroad. From the outset, the company has been committed to combining the advanced technology and operations seen in Silicon Valley with China's excellent talent and broader market, positioning itself as building world-class products in China. Through unremitting efforts and solid work, the company has gradually built up four core competitiveness features in its products: leading technology, mass production capacity, quality assurance and scale advantages." It has established its own brand, realizing the dream of starting a business.
Innovation, Speed, Precision and Teamwork: InnoLight Technology’s Corporate Culture. This is not only the basis of its achievements today, but also the development concept that encourages employees at InnoLight Technology to develop and innovate all the way.
Good vision Steady progress
InnoLight Technology has three advantages: advanced patented products, capital and talents.
In the era of 5G and cloud computing, opportunities and challenges coexist. InnoLight Technology will continue exploring the market for 5G telecom and data communication to consolidate product advantages in the cloud data field. At the same time, InnoLight Technology will train and manage excellent upstream suppliers through business cooperation and capital operation to reduce procurement costs and enhance market competitiveness for the company's products.
In addition, InnoLight Technology will also focus on industrial planning to integrate industrial resources and scale up business development. For this reason, the company has set up a professional team to conduct in-depth research in the fields of optical communication industries, such as lidar and high-end consumer electronics, to expand new growth points of revenue and create wealth for shareholders and investors.
InnoLight Technology has already planned ahead in the face of the new technology era and is marching towards becoming a model for national enterprises.