ZhongJi Innolight Co., Ltd. 

ZHONGJI Price

What is the Zhongji Innolight (ZHONGJI) perpetual futures contract?

Zhongji Innolight Co., Ltd. (Shenzhen: 300308; Hong Kong: 3308) is a Chinese manufacturer of high-speed optical transceivers and the world's largest producer of them, shipping modules from 10G to 1.6T for AI and cloud data centers. ZHONGJI on crypto venues is not a company token - ZHONGJI is a USDT-margined perpetual futures contract referencing the 300308.SZ / 3308.HK share price, tradable 24/7. Zhongji Innolight did not issue ZHONGJI. For crypto traders, the contract provides 24/7 exposure to the AI optical-interconnect supply chain without a Shenzhen or Hong Kong brokerage account.

Is ZHONGJI an official token of Zhongji Innolight?

No. Zhongji Innolight has not issued any cryptocurrency token. The ZHONGJI ticker on crypto platforms refers to a perpetual futures contract that references the company's share price - a derivative created by crypto exchanges, not by the company. Holding the contract confers no shares, no dividends and no shareholder rights. Claims about a "Zhongji Innolight token" or a "ZHONGJI airdrop" are issuer confusion. The company's only listed securities are Shenzhen A-shares (300308) and Hong Kong H-shares (3308).

What is the difference between ZHONGJIUSDT futures and the 300308.SZ share?

The 300308.SZ share is equity: registered ownership in Zhongji Innolight, traded on the Shenzhen Stock Exchange during Chinese market hours and eligible for dividends. ZHONGJIUSDT is a synthetic contract: margined in USDT, traded around the clock, with position size limited only by exchange margin and leverage rules. A futures holder owns no shares and receives no dividends. Price convergence between the contract and the stock runs through funding rates, not through any transfer of share ownership.

How can I trade Zhongji Innolight stock with crypto?

The route is the ZHONGJI perpetual futures. Per DropsTab data, ZHONGJI trades as USDT-margined perpetuals on Binance Futures, OKX, KuCoin Futures, Gate.io, Bitunix and BVOX - no spot markets and no DEX pools exist for this ticker. Bybit listed a ZHONGJIUSDT perpetual on August 14, 2026 with up to 25x leverage. A trader deposits USDT as margin and takes long or short exposure to the 300308.SZ / 3308.HK share price without owning the stock.

What keeps the ZHONGJIUSDT perpetual price tied to the Innolight stock price?

Funding rates anchor the ZHONGJI perpetual to the underlying share price - periodic payments between long and short holders pull the contract price toward the stock reference. Conventional exchange arbitrage cannot do this job, because the underlying A-share/H-share does not trade on crypto venues. The peg is therefore weaker than in crypto-native perpetuals, and funding-rate drift can move ZHONGJI away from the 300308.SZ / 3308.HK price between funding intervals.

Which risks come with trading the ZHONGJI perpetual?

The main risks are contract mechanics, not token emission. Leverage can liquidate a position on short price swings, and funding-rate drift can pull the perp away from the underlying equity price. Liquidity on crypto venues is thin relative to mainstream crypto perpetuals, because ZHONGJI references a Shenzhen-listed A-share and Hong Kong H-share. Fundamental risk adds a second layer: Zhongji Innolight's revenue depends on a small set of hyperscale AI and cloud customers and on the pace of AI data-center spending.

What does the company behind ZHONGJI do?

Zhongji Innolight designs and manufactures high-speed optical transceivers - the modules that connect servers and switches over optical fiber in data centers. The product range spans 10G to 1.6T, including 400G, 800G and 1.6T modules for AI and cloud operators. Zhongji Innolight shipped the industry's first 800G OSFP and CFP2 coherent transceivers. Revenue depends on AI data-center buildout and hyperscale demand for high-speed modules, which is why ZHONGJI tracks the AI-infrastructure trade.

Did Zhongji Innolight list in Hong Kong?

Zhongji Innolight completed a Hong Kong secondary listing in July 2026. The offering priced on July 27, 2026 at HK$980 per H share - roughly US$125 - and raised about HK$53.41 billion, roughly US$6.81 billion. The raise was Hong Kong's largest share sale of 2026 and Asia's second-largest listing that year. Shares began trading on July 30, 2026 and closed the debut session at HK$960, about 2% below the offer price, amid an AI-sector selloff.