Zheng Quan Shi Bao Wang·2025-08-19 01:25Core Viewpoint - Luxshare Precision (002475) has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities, Goldman Sachs, and China International Capital Corporation serving as joint sponsors [1] Group 1: Company Overview - The company focuses on providing vertically integrated development and manufacturing solutions for consumer electronics, automotive electronics, communication, and data centers, deeply engaging in all stages of the product lifecycle [1] - In 2024, it is estimated that one in every two smartphones, one in every three smart wearable devices, and one in every five smart vehicles will use Luxshare Precision's products [1] - According to Frost & Sullivan, Luxshare Precision ranks fourth globally and first in mainland China in the precision manufacturing solutions (PIMS) industry by revenue in 2024 [1] - The company has been listed in the Fortune Global 500 for three consecutive years (2023-2025) [1] Group 2: Market Outlook - The global precision manufacturing solutions market is expected to steadily expand, benefiting from the demand for high-precision and highly integrated products in end markets, as well as advancements in cutting-edge technologies such as AI, robotics, and low-altitude economy [1] Group 3: Financial Performance - From 2022 to 2024, Luxshare Precision's revenue is projected to increase from RMB 214.03 billion to RMB 268.80 billion, with significant growth in the automotive electronics and communication/data center business lines [1] - During the same period, the company's annual profit is also expected to show an upward trend, rising from RMB 10.49 billion in 2022 to RMB 14.58 billion in 2024 [1]