957亿，张一鸣老乡要IPO了

Core Viewpoint - Huakin Technology, a leading ODM in the smart product design sector, is set to go public in Hong Kong, potentially becoming the first ODM stock in the market, with a market value of 95.7 billion yuan [5][7]. Group 1: Company Overview - Huakin Technology, established in 2005, is recognized as the global leader in ODM shipments for smartphones, tablets, and smart wearables, with major clients including Samsung, Huawei, Xiaomi, Amazon, ASUS, and Sony [5][6]. - The company achieved a revenue of 109.878 billion yuan and a net profit of 2.926 billion yuan in 2024, showcasing its strong financial performance [5][25]. Group 2: Founder Background - The founder, Qiu Wensheng, is a notable figure in the tech industry, having graduated from Tsinghua University and Zhejiang University, and previously worked at ZTE as a key talent [6][18]. - Qiu's vision of "revitalizing Chinese manufacturing" has driven Huakin Technology's growth and innovation in the ODM space [15][18]. Group 3: Industry Dynamics - The ODM model, which allows manufacturers to design, develop, and produce products based on client specifications, has evolved from traditional OEM practices, requiring higher technical capabilities and innovation [12][23]. - The competitive landscape in the ODM sector is intensifying, with major brands like Apple, Samsung, Huawei, and Xiaomi pushing for advanced technology and innovation, thereby increasing the demands on ODM providers [12][13]. Group 4: Future Strategy - Huakin Technology is pursuing a "3+N+3 global smart product platform strategy," aiming to diversify its business while strengthening its position in the smart electronics market and expanding into new areas such as humanoid robots and new energy vehicles [25]. - The company plans to leverage its upcoming IPO to raise funds for international expansion and enhance its global influence in the ODM industry [25].