LUXSHARE-ICT(SZ:002475) Zhi Tong Cai Jing·2025-08-19 05:52Core 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 leading global precision manufacturing technology company, providing integrated development and manufacturing solutions across various fields, including consumer electronics, automotive electronics, 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, serving over 100 Fortune Global 500 clients [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 [3] - The company has the most comprehensive and diversified product portfolio among global precision manufacturing solution providers [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 data centers, as well as advancements in technologies like AI 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 [5] - The company has shown rapid revenue growth in automotive electronics and data center segments, with CAGRs of 49.6% and 19.6%, respectively [5] - Net profits for the same years are estimated at RMB 10.49 billion, RMB 12.24 billion, and RMB 14.58 billion [5]