Core Viewpoint - OmniVision Technologies, Inc. (referred to as "OmniVision Group") has initiated its IPO process, planning to list on the Hong Kong Stock Exchange on January 12, 2026, with a target of raising approximately HKD 4.693 billion for various strategic investments and operational purposes [3][6]. Group 1: IPO Details - OmniVision Group plans to issue 23.263 million H-shares, with 10% allocated for public offering in Hong Kong and the remaining for international placement. The offering price is set at HKD 104.8 per share, with an entry fee of HKD 10,585.69 for 100 shares [3]. - The cornerstone investors include Wildlife Willow, UBS AM Singapore, and others, collectively subscribing to USD 279.38 million [4]. Group 2: Fund Utilization - The expected net proceeds of HKD 4.693 billion will be allocated as follows: 70% for R&D in key technologies over the next 5 to 10 years, 10% for global market penetration and business expansion, approximately 10% for strategic investments or acquisitions, and about 10% for working capital and general corporate purposes [6]. Group 3: Company Background and Financials - OmniVision Group, previously known as Weir Shares, was renamed in June 2025 after acquiring three major image sensor chip design companies in 2019, establishing a business framework around sensor solutions, display solutions, and analog solutions [8][10]. - The company reported revenues of RMB 20 billion, RMB 20.984 billion, and RMB 25.707 billion for the years 2022, 2023, and 2024, respectively, with gross profits of RMB 4.741 billion, RMB 4.184 billion, and RMB 7.239 billion, indicating a gross margin of 23.7%, 19.9%, and 28.2% [11][12]. - For the first nine months of 2025, OmniVision Group achieved revenues of RMB 21.783 billion, a year-on-year increase of 15.2%, and a net profit of RMB 3.21 billion, up 35% [13]. Group 4: Leadership and Shareholding Structure - The founder of OmniVision Group, Yu Renrong, controls 33.6% of the company's shares. The executive directors include Yu Renrong, Wu Xiaodong, and others [15][21]. - As of September 30, 2025, the shareholding structure includes significant stakes held by various institutional investors, with Yu Renrong's shareholding being 27.4% [21][25].
豪威开启招股：获2.79亿美元基石投资 1月12日上市 虞仁荣再敲钟