[advertise]广告[/advertise]April 14,2010, Shenzhen, O-net, a leading passive component supplier, is reported to apply for going public in Hongkong stock market. According to the report, O-net is coming with 193 million shares, about 25% of its 773 million total shares. After the IPO, the largest share holder of O-net,Shenzhen Kaifa technoloy will reduce its shares in O-net from 46% to 34.5%. "To push O-net to go public in Hongkong is a major measure to make our fiber optics business bigger. This IPO will increase O-net's manufacturing scale, improve her portfolio sturcture and technology, forge ahead O-net into deeper industry. At the same time, as her biggest shareholder, we can have better revenue feedback from O-net. " A spoke person of Kaifa said.