龙旗科技（09611）于2026年1月14日至1月19日招股，公司拟全球发售5225.91万股H股，其中，香港发 售占10%，国际发售占90%。每股发售价不超过31.00港元，H股每手买卖单位为100股，预期H股将于 2026年1月22日（星期四）上午9时正开始在联交所买卖。 据悉，该公司是全球领先的智能产品和服务提供商，为全球知名智能产品品牌商和领先的科技企业提供 解决方案-包括产品研究、设计、制造及支持。根据弗若斯特沙利文的资料，以2024年消费电子ODM出 货量计，该公司是全球第二大的消费电子ODM厂商，占22.4%的市场份额；以2024年智能手机ODM出 货量计，该公司是全球最大的智能手机ODM厂商，占32.6%的市场份额。该公司主要于全球消费电子 ODM市场开展竞争，该市场属于全球智能产品ODM市场的细分领域，而全球智能产品ODM市场则为全 球智能产品制造业的组成部分。 该公司估计按每股 31.00港元的最高发售价计算，假设超额配股权未获行使，将会获得约15.21亿港元的 全球发售所得款项净额。该公司目前拟将该等所得款项净额用于以下用途：约40%港元将用于扩大境内 外的整体产能，从而增强该公司的自有 ...

格隆汇1月14日丨龙旗科技(09611.HK)发布公告，公司拟全球发售5225.91万股H股，中国香港发售股份 522.6万股，国际发售股份4703.31万股(以上可予重新分配及视乎超额配股权行使与否而定)；2026年1月 14日至1月19日招股，预期定价日为1月20日；发售价将不会超过每股发售股份31.00港元，H股的每手买 卖单位将为100股，花旗、海通国际及国泰君安国际为联席保荐人；预期H股将于2026年1月22日开始于 联交所买卖。 公司是全球领先的智能产品和服务提供商，为全球知名智能产品品牌商和领先的科技企业提供解决方案 －包括产品研究、设计、制造及支持。根据弗若斯特沙利文的资料，以2024年消费电子ODM出货量 计，公司是全球第二大的消费电子ODM厂商，占22.4%的市场份额；以2024年智能手机ODM出货量 计，公司是全球最大的智能手机ODM厂商，占32.6%的市场份额。公司主要于全球消费电子ODM市场 开展竞争，该市场属于全球智能产品ODM市场的细分领域，而全球智能产品ODM市场则为全球智能产 品制造业的组成部分。 成立于2004年，公司始终秉承着"以客户为中心、以贡献者为本、长期主义"的核心 ...

上海龍旗科技股份有限公司 Shanghai Longcheer Technology Co., Ltd. （於中華人民共和國註冊成立的股份有限公司） 股份代號 : 9611 全球發售 聯席保薦人、整體協調人、聯席全球協調人、 聯席賬簿管理人及聯席牽頭經辦人 整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 聯席賬簿管理人及聯席牽頭經辦人 重要提示 倘 閣下對本招股章程的任何內容有任何疑問，務請諮詢專業獨立意見。 Shanghai Longcheer Technology Co., Ltd. 上海龍旗科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 全球發售 | 全球發售的發售股份數目 | : | 52,259,100股H股（視乎超額配股權行使 | | --- | --- | --- | | | | 與否而定） | | 香港發售股份數目 | : | 5,226,000股H股（可予重新分配） | | 國際發售股份數目 | : | 47,033,100股H股（包括不多於5,225,000 | | | | 股僱員預留股份，可予重新分配及視 | | ...

香港聯合交易所有限公司與證券及期貨事務監察委員會對本聆訊後資料集的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本聆訊後資料集全部或任何部分內容而產生或因依賴該等 內容而引致的任何損失承擔任何責任。 Shanghai Longcheer Technology Co., Ltd. 上海龍旗科技股份有限公司 （「本公司」） （於中華人民共和國註冊成立的股份有限公司） 的聆訊後資料集 警告 本聆訊後資料集乃根據香港聯合交易所有限公司（「聯交所」）與證券及期貨事務監察委員會（「證監會」）的 要求而刊發，僅用作提供資訊予香港公眾人士。 本聆訊後資料集為草擬本，其內所載資訊並不完整，亦可能會作出重大變動。 閣下閱覽本文件，即代 表 閣下知悉、接納並向本公司、其聯席保薦人、整體協調人、顧問或承銷團成員表示同意： 於本公司招股章程根據香港法例第32章《公司（清盤及雜項條文）條例》送呈香港公司註冊處處長註冊前， 不會向香港公眾人士提出要約或邀請。倘於適當時候向香港公眾人士提出要約或邀請，有意投資者務請僅 依據送呈與香港公司註冊處處長註冊的本公司招股章程作出投資決定；招股章程的文本將於發售期內供公 眾查閱 ...

Core Viewpoint - Longqi Technology (龙旗科技) is actively investing in the embodied intelligence industry by participating in a venture capital fund, aiming to enhance its competitive strength and secure quality investment targets [2]. Group 1: Investment Activities - Longqi Technology's wholly-owned subsidiary, Longqi Intelligent, plans to invest 30 million yuan in the Shanghai Lingzhi New Venture Capital Partnership, accounting for 23.08% of the total committed capital [2]. - The partnership will focus on direct or indirect equity investments in innovative companies related to the embodied intelligence industry, including key materials, components, software systems, and robotics applications [2]. Group 2: Business Development - As a leading ODM in smart products, Longqi Technology provides comprehensive services to major global consumer electronics brands, including Xiaomi, Samsung, and Lenovo, with a product portfolio that includes smartphones, tablets, smartwatches, and automotive electronics [3]. - The company is expanding into emerging categories such as automotive electronics and intelligent robotics, with a strategic partnership with Zhiyuan Robotics to deploy nearly 1,000 robots in industrial applications, marking one of the largest orders in the domestic market [3]. Group 3: AI Hardware Breakthroughs - Longqi Technology has achieved significant advancements in AI glasses and AI PCs, with the first smart glasses project entering mass production and two new AI PC products launched [4]. - The revenue from AIoT products reached 2.282 billion yuan in Q3 2025, representing a year-on-year growth of over 47%, and accounting for 20% of the company's total revenue [4].

Core Viewpoint - Longqi Technology (龙旗科技) is actively investing in the embodied intelligence sector through its subsidiary Longqi Intelligent, aiming to enhance its competitive strength and secure quality investment targets in the industry [1] Group 1: Investment Activities - Longqi Intelligent plans to invest 30 million yuan in the Shanghai Lingzhi New Venture Capital Partnership, representing 23.08% of the total subscription amount [1] - The partnership focuses on direct or indirect equity investments in innovative companies related to the embodied intelligence industry, including key upstream materials and components, critical software systems, and downstream application solutions [1] Group 2: Business Expansion and Partnerships - Longqi Technology is a leading ODM for smart products, serving major global consumer electronics brands and has diversified its product offerings to include smartphones, tablets, AI PCs, automotive electronics, and more [2] - The company has entered a strategic partnership with Zhiyuan Robotics, placing a significant order for the Zhiyuan Spirit G2 robots, marking one of the largest orders in the domestic industrial embodied intelligence robot sector [2] Group 3: AI Hardware Developments - Longqi Technology has made breakthroughs in AI glasses and AI PCs, with the first smart glasses project entering mass production and two new self-developed AI PC products launched [3] - In Q3 2025, revenue from AIoT products reached 2.282 billion yuan, a year-on-year increase of over 47%, accounting for 20% of the company's total revenue [3]

Group 1 - The China Securities Regulatory Commission (CSRC) announced supplementary material requirements for overseas listing applications, specifically mentioning Huakin Technology (603296.SH) [1] - Huakin Technology has submitted a listing application to the Hong Kong Stock Exchange, with CICC and BofA Securities as joint sponsors [1] - The CSRC requested Huakin Technology to clarify the specific situation and product usage of its business related to intelligent driving assistance controllers [2] Group 2 - Huakin Technology is a leading technology-driven intelligent product platform company, providing end-to-end solutions across the entire value chain [2] - The company has over 20 years of experience in the smart product field and has participated deeply in the evolution of products and technologies in mobile communications, the internet, cloud computing, and artificial intelligence [2] - Huakin Technology has established a strong leading position in its main product areas and is recognized as a global leader in the full-stack intelligent product ODM platform, achieving the number one position in multiple smart product categories [2]

Group 1 - The China Securities Regulatory Commission (CSRC) has published supplementary material requirements for overseas listing applications, specifically mentioning the need for Huakin Technology (603296.SH) to clarify its business related to intelligent driving assistance controllers and their product applications [1][2] - Huakin Technology has submitted a listing application to the Hong Kong Stock Exchange, with CICC and BofA Securities acting as joint sponsors [1] - The CSRC has requested Huakin Technology to provide detailed information regarding the pledge status of shares held by actual controllers and shareholders, and whether this could lead to changes in control or violate regulations regarding overseas issuance and listing [1] Group 2 - Huakin Technology is recognized as a leading technology-driven intelligent product platform company, providing end-to-end solutions across the entire value chain [2] - The company has over 20 years of experience in the smart product sector, actively participating in the evolution of products and technologies in mobile communications, the internet, cloud computing, and artificial intelligence [2] - Huakin Technology has established a strong leading position in its main product areas and is identified as a global leader in the full-stack intelligent product ODM platform, achieving the top position in multiple smart product categories according to ZhiShi Consulting [2]

Group 1 - The China Securities Regulatory Commission (CSRC) has published supplementary material requirements for overseas listing applications, specifically mentioning Huakin Technology (603296.SH) [1] - Huakin Technology has submitted a listing application to the Hong Kong Stock Exchange, with CICC and BofA Securities as joint sponsors [1] - The CSRC has requested Huakin Technology to clarify the specific situation and product usage related to its business in intelligent driving assistance controllers [2] Group 2 - Huakin Technology is a leading technology-driven intelligent product platform company, providing end-to-end solutions across the entire value chain [2] - The company has over 20 years of experience in the smart product field, participating in the evolution of products and technologies in mobile communications, the internet, cloud computing, and artificial intelligence [2] - Huakin Technology has established a strong leading position in its main product areas and is recognized as a global leader in the full-stack intelligent product ODM platform, achieving the number one position in multiple smart product categories [2]

Core Insights - Company reported impressive financial results for the first three quarters of 2025, with revenue reaching approximately 1289 billion and net profit attributable to shareholders around 31 billion, marking year-on-year growth of nearly 70% and over 50% respectively [1][2] - The revenue and net profit figures not only set historical records for the same period but also exceeded the total figures for the entire year of 2024 [1] - Despite being behind competitors in terms of revenue and net profit, the company ranks third among 88 peers in the industry [1] Financial Performance - For the first three quarters of 2025, the company achieved revenue of 1288.82 billion, a year-on-year increase of 69.56%, and a net profit of 30.99 billion, up 51.17% [2] - The revenue figures for the first three quarters of 2023 and 2024 were 648.85 billion and 760.10 billion respectively, showing changes of -8.92% and 17.15% year-on-year [2] Quarterly Growth - The company experienced accelerated growth in both revenue and net profit in the first three quarters of 2025, with quarterly revenues of 349.98 billion, 489.42 billion, and 449.43 billion, reflecting year-on-year growth rates of 115.65%, 111.24%, and 22.75% respectively [3] - The net profit for the same quarters was 8.42 billion, 10.47 billion, and 12.10 billion, with year-on-year growth rates of 39.05%, 52.70%, and 59.46% [3] Business Segments - All four business segments of the company reported high growth, with revenue increases of 70% or more across the board [3] - The smart terminal business saw a revenue increase of 84.4%, high-performance computing grew by 70%, AIoT and other businesses rose by 72.9%, and automotive and industrial products increased by 77.1% [3] R&D Investment - The company invested over 46 billion in R&D in the first three quarters of 2025, a year-on-year increase of 23.66%, supporting innovation and process improvement [1][6] - The R&D investment figures for 2023 and 2024 were 45.48 billion and 51.72 billion respectively [6] Strategic Initiatives - The company is advancing its plan for a Hong Kong listing, which is part of a long-term strategic decision rather than a short-term funding need [7] - The listing is expected to enhance shareholder structure, financing channels, and business expansion opportunities [7]