Core Viewpoint - Longqi Technology (龙旗科技) is preparing for its IPO on the Hong Kong Stock Exchange, with Citigroup, Haitong International, and Guotai Junan International acting as joint sponsors [1]. Company Overview - Longqi Technology is a leading global provider of smart products and services, offering solutions for renowned smart product brands and leading technology companies, including product research, design, manufacturing, and support [4]. - The company ranks as the second-largest consumer electronics ODM manufacturer globally, with a market share of 22.4% based on 2024 ODM shipment volume, and is the largest smartphone ODM manufacturer with a 32.6% market share [4]. Product Portfolio - The company has developed a comprehensive smart product ecosystem compatible with popular platforms like Android and Windows, structured around a "1+2+X" framework: - "1" focuses on smartphones as the core business - "2" emphasizes personal computing and automotive electronics - "X" includes emerging consumer electronics such as tablets, wearables, TWS headphones, and smart glasses [5]. Financial Performance - Longqi Technology's revenue for the fiscal years 2022, 2023, and 2024 is projected to be approximately RMB 293.43 billion, RMB 271.85 billion, and RMB 463.82 billion, respectively [5]. - The revenue breakdown for 2024 indicates that smartphone products will generate RMB 361.33 billion (77.9% of total revenue), tablet business will contribute RMB 36.96 billion (8%), and AIoT business will see rapid growth with RMB 55.73 billion (12%) [5]. - The company reported net profits of approximately RMB 5.62 billion, RMB 6.03 billion, and RMB 4.93 billion for the fiscal years 2022, 2023, and 2024, respectively [5].
新股消息 | 龙旗科技(603341.SH)通过港交所聆讯 为全球最大的智能手机ODM厂商