
Group 1 - Company Lixun Precision has announced plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and financing capabilities [1] - The company aims to complete the issuance within 24 months, depending on market conditions and regulatory approvals [1] - Proceeds from the H-share issuance will be used for expanding production capacity, upgrading facilities, R&D, and general corporate purposes [1] Group 2 - Lixun Precision, founded in 2004, has seen significant revenue growth, with projections indicating an increase from under 100 billion to over 200 billion from 2020 to 2024 [2] - The company has historically relied heavily on consumer electronics, with over 80% of revenue coming from this sector since late 2019 [2] - Lixun Precision has expanded its business through acquisitions, including a significant purchase of shares from Wentech Technology and a 50.1% stake in Leoni AG, enhancing its capabilities in the automotive sector [3]