Core Viewpoint - The company, Longqi Technology (09611), is set to launch an IPO from January 14 to January 19, 2026, aiming to issue 52.2591 million H-shares with a maximum price of HKD 31.00 per share, targeting a net fundraising of approximately HKD 1.521 billion [1][2][4]. Group 1: Company Overview - Longqi Technology is a leading global provider of smart products and services, offering solutions including product research, design, manufacturing, and support for well-known smart product brands and leading technology companies [1][3]. - According to Frost & Sullivan, the company ranks as the second-largest consumer electronics ODM manufacturer globally, holding a 22.4% market share based on 2024 shipment volumes, and is the largest smartphone ODM manufacturer with a 32.6% market share [1][3]. Group 2: Use of Proceeds - The company plans to allocate approximately 40% of the net proceeds to expand its overall production capacity both domestically and internationally, enhancing its own manufacturing capabilities [2][4]. - About 20% of the proceeds will support ongoing R&D efforts, particularly to strengthen the company's independent research and innovation capabilities in key areas [2][4]. - Approximately 10% will be used to enhance marketing and customer development efforts both domestically and internationally [2][4]. - The company intends to allocate around 20% for strategic investments or acquisitions globally, aiming to strengthen its technological layout, expand its ecosystem, and increase market share [2][4]. - The remaining 10% will be used for working capital and other general corporate purposes [2][4].
龙旗科技于1月14日至1月19日招股 拟全球发售5225.91万股H股