LUXSHARE-ICT(SZ:002475) Sou Hu Cai Jing·2025-08-19 06:24Core Viewpoint - Luxshare Precision Industry Co., Ltd. is preparing for an IPO on the Hong Kong Stock Exchange, aiming to leverage its strong market position in precision manufacturing solutions across various sectors, including consumer electronics and automotive electronics [1][2]. Company Overview - Luxshare Precision was established in 2004 and is recognized as a leading global provider of precision manufacturing solutions, ranking fourth globally and first in mainland China in the PIMS industry by revenue as of 2024 [3]. - The company serves over 100 Fortune Global 500 clients, providing a comprehensive range of products and solutions across multiple sectors [3]. Business Segments - The company operates in four main business lines: - Consumer electronics, including components and solutions for various environments [4]. - Automotive electronics, focusing on systems like intelligent cockpits and ADAS [4]. - Communication and data center products, including equipment for telecommunications and data management [4]. - Other sectors, such as medical and industrial equipment [4]. Financial Performance - Luxshare Precision's revenue for the years 2022, 2023, 2024, and the first three months of 2025 were approximately RMB 214.03 billion, RMB 231.91 billion, RMB 268.79 billion, and RMB 61.79 billion, respectively [10]. - The corresponding net profits for the same periods were RMB 10.49 billion, RMB 12.24 billion, RMB 14.58 billion, and RMB 3.38 billion [10]. Shareholder Structure - As of August 12, 2025, the major shareholders include Wang Laichun and Wang Laisheng, each holding 50% of Luxshare Hong Kong, which represents a combined ownership of approximately 37.88% [6][7]. Board of Directors - The board consists of eight members, including five executive directors and three independent non-executive directors, with Wang Laichun serving as the chairperson and general manager [9]. IPO Details - The company submitted its prospectus to the Hong Kong Stock Exchange on August 18, 2025, indicating its intention to list on the main board [1]. Advisory Team - The IPO is being sponsored by CITIC Securities, Goldman Sachs, and CICC, with various legal and auditing firms involved in the process [12][13].