Huaqin Technology (SH:603296) Zhi Tong Cai Jing·2026-02-09 12:52Core Viewpoint - Huqin Technology (603296.SH) plans to submit its listing application to the Hong Kong Stock Exchange by September 2025, aiming to raise approximately $600 million to $800 million (around HKD 46.8 billion to HKD 62.4 billion) [1] Group 1: Company Overview - Huqin Technology was established in August 2005 and went public on the Shanghai Stock Exchange in August 2023 [1] - The company is a leading technology-driven smart product platform, providing end-to-end solutions across the entire value chain [1] - Huqin Technology has strategically developed a "3+N+3" smart product matrix, focusing on three main pillars: smartphones, laptops, and servers [1] - The company has expanded into three product series: mobile terminals and AIoT, computing business, and data center business [1] - Huqin Technology is recognized as one of the most comprehensive smart product ODM platforms globally and is the only ODM manufacturer with leading market positions in smartphones, tablets, smart wearables, laptops, and data infrastructure products [1] Group 2: Financial Performance - For the fiscal years 2022, 2023, and 2024, as well as for the six months ending June 30, 2025, Huqin Technology reported revenues of approximately CNY 92.646 billion, CNY 85.338 billion, CNY 109.878 billion, and CNY 83.939 billion respectively [2] - The company's profits for the same periods were approximately CNY 2.514 billion, CNY 2.657 billion, CNY 2.916 billion, and CNY 1.908 billion respectively [2]