Xin Lang Cai Jing·2025-11-24 08:53Core Viewpoint - Shenzhen Zhaowei Electromechanical Co., Ltd. has received approval from the China Securities Regulatory Commission for its overseas listing, allowing it to issue up to 69.05845 million ordinary shares on the Hong Kong Stock Exchange [3]. Company Overview - Zhaowei Electromechanical was established in 2001 and is a leading provider of integrated micro-drive and drive system solutions, primarily serving high-growth industries such as smart automobiles, robotics, consumer technology, medical technology, and advanced industrial manufacturing [4]. - The company was listed on the A-share market on December 4, 2020, and as of November 21, 2025, it has a total market capitalization of approximately RMB 24.7 billion [4]. - According to a report by Frost & Sullivan, Zhaowei Electromechanical ranked first in China and fourth globally in terms of revenue in 2024 [4]. IPO Details - The company submitted its prospectus to the Hong Kong Stock Exchange on June 18, 2025, with joint sponsors being China Merchants Securities International and Deutsche Bank [4].