Core Viewpoint - Luxshare Precision is accelerating its listing process in Hong Kong to enhance its global strategy, improve overseas financing capabilities, and increase governance transparency [1][2]. Group 1: Listing and Financing - Luxshare Precision's board has approved the issuance of H-shares and application for listing on the Hong Kong Stock Exchange to deepen its global strategy [1]. - The company plans to complete the issuance and listing within 24 months after shareholder approval, depending on market conditions and regulatory progress [1]. - The funds raised will be used for expanding production capacity, upgrading facilities, R&D, optimizing manufacturing processes, investing in quality target enterprises, repaying bank loans, and general corporate purposes [1]. Group 2: Global Expansion and Market Position - Hong Kong's international financial center status provides Luxshare Precision with a broader financing channel for overseas business expansion and new technology development [2]. - The company has been actively expanding its global footprint in sectors such as consumer electronics, automotive, communications, and data centers [2]. - Luxshare Precision has established a diverse client base across multiple sectors and has manufacturing bases in various countries, including China, Vietnam, Thailand, Indonesia, Malaysia, Romania, Morocco, India, Mexico, and Germany [2][3]. Group 3: Operational Efficiency and Performance - In China, Luxshare Precision has set up manufacturing bases in several provinces, effectively integrating local resources and talent to create a technological hub for precision manufacturing [3]. - The company has strategically positioned itself in Southeast Asia and East Asia to leverage local labor cost advantages and favorable policies, thereby reducing production costs and enhancing price competitiveness [3]. - For the fiscal year 2024, Luxshare Precision reported a revenue of 268.795 billion yuan, a year-on-year increase of 15.91%, and a net profit of 13.366 billion yuan, up 22.03% [3]. - In Q1 of this year, the company continued its growth trend with a revenue of 61.788 billion yuan, a 17.9% increase year-on-year, and a net profit of 3.044 billion yuan, up 23.17% [3].
立讯精密拟发行H股赴港上市 深化全球化战略布局