LUXSHARE-ICT(SZ:002475) 智通财经网·2025-08-18 23:13Core Viewpoint - Luxshare Precision Industry Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities, Goldman Sachs, and CICC as joint sponsors [1] Company Overview - Luxshare Precision is a global leader in precision manufacturing and innovative technology, providing integrated development and manufacturing solutions across various fields including consumer electronics, automotive electronics, and communication and data centers [3] - The company has a unique full-stack development and manufacturing platform, deeply involved in product design, R&D, production, and after-sales service, empowering over 100 Fortune Global 500 clients [3] - By 2024, it is estimated that one in every two smartphones, one in every three wearable devices, and one in every five smart cars will use Luxshare's products [3] Market Position - According to Frost & Sullivan, Luxshare ranks fourth globally and first in mainland China in the precision manufacturing solutions (PIMS) industry by revenue in 2024, maintaining a leading position across major business lines [3] Market Growth - The global precision manufacturing solutions market is expected to grow from RMB 9.47 trillion in 2025 to RMB 12.18 trillion in 2029, with a compound annual growth rate (CAGR) of 6.5% [4] - Growth is driven by increasing demand for high-precision products in end markets such as automotive electronics and communication/data centers, as well as advancements in technologies like AI, 3D printing, and robotics [4] Financial Performance - Revenue for Luxshare in 2022, 2023, and 2024 is projected to be RMB 214.03 billion, RMB 231.91 billion, and RMB 268.79 billion respectively, with a profit of RMB 104.91 billion, RMB 122.43 billion, and RMB 145.79 billion for the same years [5][6] - The automotive electronics and communication/data center business lines are experiencing rapid revenue growth, with CAGRs of 49.6% and 19.6% respectively from 2022 to 2024 [5]