Group 1 - The core viewpoint of the article is that Lingyi iTech is planning to go public in Hong Kong and aims to raise approximately $1 billion [1] Group 2 - The company is expected to utilize the funds raised from the IPO for expansion and development purposes [1]

Core Insights - Guangdong Lingyi Intelligent Manufacturing Co., Ltd. (Lingyi Intelligent Manufacturing) has submitted its prospectus to the Hong Kong Stock Exchange, with Guotai Junan Securities as its sole sponsor [2] - The company is positioned as an AI hardware intelligent manufacturing platform, providing comprehensive smart manufacturing services and solutions globally [2] - Lingyi Intelligent Manufacturing ranks first in the global market for high-precision components for AI terminal devices and third in the high-precision intelligent manufacturing platform sector [2] Financial Performance - Revenue for Lingyi Intelligent Manufacturing from 2022 to 2024 is projected to be 34.503 billion yuan, 34.154 billion yuan, and 44.260 billion yuan respectively, with net profits of 1.56 billion yuan, 2.014 billion yuan, and 1.761 billion yuan [2][3] - For the first three quarters of 2025, the company reported revenue of 37.590 billion yuan, a year-on-year increase of 19.25%, and a profit of 1.966 billion yuan, up 39.64% [2][3] Cost Structure - The cost of sales as a percentage of revenue has been relatively stable, with 80.2% in 2022, 81.3% in 2023, and projected at 85.6% in 2024 [3] - Gross profit margins have shown slight fluctuations, with 19.8% in 2022, 18.7% in 2023, and an estimated 14.4% in 2024 [3] Leadership and Ownership - The company is led by Zeng Fangqin, who has extensive experience in enterprise management and intelligent manufacturing, having founded Lingyi Technology in 2012 [4] - Zeng Fangqin and Ling Sheng Investment hold approximately 58.64% of the company's issued share capital, making them the controlling shareholders [3] Recognition - Zeng Fangqin was ranked sixth on the 2025 Hurun Richest Women in China list, with a wealth of 69.5 billion yuan, making her the second richest woman in Shenzhen [5][6][7]

Core Viewpoint - Guangdong Lingyi Intelligent Manufacturing Co., Ltd. has submitted an application for the issuance of H-shares and listing on the Hong Kong Stock Exchange, indicating a strategic move to access international capital markets [1][2]. Group 1: Application Details - The application for the H-share issuance was submitted on November 20, 2025, and the related materials were published on the Hong Kong Stock Exchange website on the same day [1]. - The issuance will be limited to qualified overseas investors and domestic qualified investors who are authorized to conduct overseas securities investments under Chinese laws [1][2]. Group 2: Regulatory Considerations - The issuance and listing are subject to approvals from the China Securities Regulatory Commission, the Hong Kong Securities and Futures Commission, and the Hong Kong Stock Exchange, indicating that the process involves multiple regulatory layers [2]. - The company will not publish the application materials on domestic stock exchange websites or media, but will provide links for domestic investors to access the information on the Hong Kong Stock Exchange website [1][2].

Core Viewpoint - The company, Lingyi Zhizao (002600.SZ), has submitted an application for the issuance of H-shares and listing on the Hong Kong Stock Exchange, indicating a strategic move to expand its capital base and market presence [1] Group 1: Company Actions - The company submitted its application to the Hong Kong Stock Exchange on November 20, 2025 [1] - The application materials were published on the Hong Kong Stock Exchange's website on the same day [1] - The materials were prepared in accordance with the requirements of the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange [1] Group 2: Regulatory Compliance - The application is a draft version, and the information contained may be updated and revised as necessary [1] - Investors are cautioned not to make investment decisions based solely on the information provided in the application materials [1]

Core Viewpoint - The company, Lingyi Zhizao (002600.SZ), has submitted an application for issuing H-shares and listing on the main board of the Hong Kong Stock Exchange on November 20, 2025 [1] Group 1 - The application materials for the issuance and listing were published on the Hong Kong Stock Exchange website on the same day [1]

并刊发申请资料的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 证券代码：002600 证券简称：领益智造 公告编号：2025-193 广东领益智造股份有限公司 关于向香港联交所递交 H 股发行上市申请 广东领益智造股份有限公司（以下简称"公司"）于 2025 年 11 月 20 日向香 港联合交易所有限公司（以下简称"香港联交所"）递交了发行 H 股股票并在香港 联交所主板挂牌上市（以下简称"本次发行上市"）的申请，并于同日在香港联交 所网站刊登了本次发行上市的申请材料。该申请材料为公司按照香港证券及期货 事务监察委员会（以下简称"香港证监会"）及香港联交所的要求编制和刊发，为 草拟版本，其所载资料可能会适时作出更新及修订，投资者不应根据其中的资料 作出任何投资决定。 本次发行上市如果最终实施，发行对象将仅限于符合相关条件的境外投资者 及依据中国相关法律法规有权进行境外证券投资的境内合格投资者，公司将不会 在境内证券交易所的网站和符合监管机构规定条件的媒体上刊登该申请资料，但 为使境内投资者及时了解该等申请资料披露的本次发行上市以及公司的其他相 关信息 ...

领益智造公告，公司于2025年11月20日向香港联合交易所有限公司递交了发行H股股票并在香港联交所 主板挂牌上市的申请，并于同日在香港联交所网站刊登了申请材料。该申请材料为草拟版本，可能适时 作出更新及修订。本次发行上市如果实施，发行对象将仅限于符合相关条件的境外投资者及境内合格投 资者。 ...

11月20日，广东领益智造（002600）股份有限公司 (002600.SZ)递表港交所主板，国泰君安融资有限公司为其独家保荐人。招股书 显示，根据弗若斯特沙利文资料，以2024年收入计，领益智造在全球AI终端设备高精密功能件市场行业中排名第一，在全球AI终 端设备高精密智能制造平台行业中排名第三。 据招股书，领益智造全球领先的AI硬件智能制造平台，致力于为全球客户提供一站式智能制造服务及解决方案。秉持精益化、数 据化、自动化及绿色化的新制造核心经营理念，公司打造了覆盖从核心材料、精密功能件、模组到精品组装的全链条产品矩阵， 广泛应用于AI硬件(涵盖AI终端设备、机器人及企业级商用服务器)、汽车以及低空经济等核心前沿领域。 作为"巨人背后的隐形冠军"，领益智造构建了"大规模、高标准、高复杂度"的生产体系，依托协同研发、快速响应及遍布全球的 研发生产基地，已成为AI硬件生态的重要组成部分，并获得多个全球头部客户的供应链奖项。截至2025年9月30日，公司的客户涵 盖全球市值最大的AI终端设备行业公司、新能源汽车(NEV)行业公司、社交网络行业公司及扩展现实(XR)行业公司等行业领袖。 自2018年至2025年， ...

智通财经APP获悉，11月20日，广东领益智造股份有限公司 (002600.SZ)递表港交所主板，国泰君安融资有限公司为其独家保荐 人。招股书显示，根据弗若斯特沙利文资料，以2024年收入计，领益智造在全球AI终端设备高精密功能件市场行业中排名第一， 在全球AI终端设备高精密智能制造平台行业中排名第三。 据招股书，领益智造全球领先的AI硬件智能制造平台，致力于为全球客户提供一站式智能制造服务及解决方案。秉持精益化、数 据化、自动化及绿色化的新制造核心经营理念，公司打造了覆盖从核心材料、精密功能件、模组到精品组装的全链条产品矩阵， 广泛应用于AI硬件(涵盖AI终端设备、机器人及企业级商用服务器)、汽车以及低空经济等核心前沿领域。 作为"巨人背后的隐形冠军"，领益智造构建了"大规模、高标准、高复杂度"的生产体系，依托协同研发、快速响应及遍布全球的 研发生产基地，已成为AI硬件生态的重要组成部分，并获得多个全球头部客户的供应链奖项。截至2025年9月30日，公司的客户涵 盖全球市值最大的AI终端设备行业公司、新能源汽车(NEV)行业公司、社交网络行业公司及扩展现实(XR)行业公司等行业领袖。 自2018年至2025 ...

| 纂]的[編纂]數目 : [編纂]股H股(視乎[編纂] | | | --- | --- | | 行使與否而定) | | | [編纂]數目 | .. [編纂]股H股(可予[編纂]) | | [編纂]數目 | [編纂]股H股(可予[編纂]及 .. | | 視乎[编纂]行使與否而定) | | | 最高[編纂] : 每股H股[編纂]港元,另加1.0%經紀 | | | 佣金 · 0.0027%證監會交易徵費、 | | | 0.00015% 曾財局交易徵費及 | | | 0.00565%聯交所交易費(須於[編纂 | | | 時以港元繳足,多繳股款可予退還) | | | 面值 | 每股H股人民幣[1.00]元 | | [禮臺] | : [編纂] | | 1 - 1 - 1 - 1 - | Lines Lockey | 智通财经APP获悉，11月20日，广东领益智造股份有限公司 (002600.SZ)递表港交所主板，国泰君安融 资有限公司为其独家保荐人。据招股书，领益智造是全球领先的AI硬件智能制造平台，致力于为全球 客户提供一站式智能制造服务及解决方案。 领益智造打造了覆盖从核心材料、精密功能件、模块到精品组装的全链条产 ...