SK Hynix is going public in the U.S., and similarly, our trillion-dollar AI hardware leader is pushing forward with a secondary listing on the Hong Kong Stock Exchange. OpenStock has turned this listing event into an on-chain vault participation entry point. This might be the most noteworthy aspect of OpenStock’s Zhongji Innolight vault this time. When people see RWA, they often instinctively think of it as “putting stocks on-chain.” But the Zhongji Innolight case is a bit different. It’s not an unproven on-chain conceptual asset; it’s a company already listed on the A-share market and consistently delivering results during the AI computing power cycle—a leading player in optical modules. Zhongji Innolight’s core business is high-end optical communication transceiver modules. Simply put, it’s the critical component enabling high-speed interconnection between GPU clusters in AI data centers. The more AI servers are stacked, the more frequent the data exchanges between GPUs become, driving stronger demand for 800G and 1.6T optical modules. This is why Zhongji Innolight is projected to achieve approximately ¥38.2 billion in revenue and ¥10.8 billion in net profit attributable to shareholders by 2025, with Q1 2026 single-quarter revenue nearing ¥19.5 billion and net profit exceeding ¥5.7 billion. —————— The truly interesting part is: Zhongji Innolight is now advancing its H-share listing on the Hong Kong Stock Exchange. This transforms it from a regular A-share AI hardware leader into a clear capital market event. If the Hong Kong listing proceeds smoothly, it won’t just be facing A-share investors but also global capital, Hong Kong market liquidity, and the international AI hardware pricing system. And OpenStock’s entry point is precisely this “listing event window.” OpenStock’s Zhongji Innolight vault doesn’t let you directly hold Zhongji Innolight stock, nor does it simply create a stock token. It’s more like turning the Pre-IPO/IPO allocation access—previously exclusive to institutions, brokers, and private equity channels—into an on-chain vault. Users deposit stablecoins and receive corresponding vault tokens. After the listing, the vault settles based on actual results. Vault Tokens represent a claim on the vault’s net profits, not direct ownership of the underlying stock. So the key to this product isn’t “buying A-shares on-chain.” It’s about: A real A-share AI hardware leader, An imminent Hong Kong listing event, A vault structure that brings closed capital market participation opportunities onto the blockchain. This is why I think OpenStock is worth studying. The next stage of RWA might not just be putting already-listed stocks on-chain. It could be bringing the rarest opportunities in the real world onto the blockchain: Access. And this Access happens to be something no one has touched before—mainland stocks going public in Hong Kong. @OpenstockInc