Huaqin Technology (SH:603296) Zhong Zheng Wang·2025-08-23 05:57Core Viewpoint - Company Huqin Technology has officially launched its H-share listing plan to accelerate its globalization strategy, broaden international financing channels, and enhance corporate governance transparency [1] Group 1: H-share Listing Plan - The company plans to issue H-shares not exceeding 8% of its total share capital post-issuance (before the exercise of the over-allotment option) [1] - The listing in Hong Kong is expected to support the company's overseas business expansion, investment in cutting-edge technologies, and global capacity upgrades [1] Group 2: Business Performance and Growth - For the first half of 2025, the company anticipates a revenue of 83 billion to 84 billion yuan, representing a year-on-year growth of 110.7% to 113.2% [1] - The net profit attributable to shareholders is projected to be between 1.87 billion to 1.90 billion yuan, reflecting a year-on-year increase of 44.8% to 47.2% [1] Group 3: Global Manufacturing Strategy - The company has established a "1+5+5" global layout, including one headquarters in Shanghai and five R&D centers across various cities, along with domestic and overseas manufacturing bases [2] - The Hong Kong capital market is seen as a platform to leverage for rapid expansion, facilitating future refinancing and overseas mergers and acquisitions [2] - The listing will also enable the company to implement an equity incentive plan for international employees, enhancing its ability to attract and retain top talent globally [2]