来源：瑞恩资本RyanbenCapital 2024年9月17日，来自浙江湖州安吉县的闪回科技有限公司 ShanH Technology Limited(简称"闪回科技") 在港交所递交招股书，拟在香港IPO上市。这是继其于2024年2月26日、2024年9月17日先后两次递表失 效后的再一次申请。 闪回科技招股书链接： https://www1.hkexnews.hk/app/sehk/2025/107630/documents/sehk25081401644_c.pdf 主要业务 闪回科技，作为一家从事提供消费电子产品回收服务的中国公司，主要专注于通过在线及线下以旧换新 提供二手手机及其他消费电子产品(主要包括笔记本计算机、平板计算机、手机配件及其他数字产品)的 回收服务。 根据弗若斯特沙利文的资料，于2024年按回收的二手手机交易总额及售出的二手手机交易总额计，闪回 科技是中国第三大手机回收服务提供商，市场份额分别约为1.3%及1.3%。 闪回科技凭借专有检测、分级及定价技术以及回收及销售在线平台，以及与上游采购合作伙伴(包括主 流消费电子品牌及其指定分销商、中国消费电子产品的大型商户及主要移动网络运营 ...

Core Viewpoint - Longqi Technology has submitted an application for H-share listing on the Hong Kong Stock Exchange, highlighting its position as a leading global provider of smart products and services, particularly in the ODM sector for consumer electronics and smartphones [2][3]. Group 1: Company Overview - Longqi Technology was established in 2004 and has developed a diverse product portfolio including smartphones, AIPC, automotive electronics, tablets, smartwatches, and smart glasses [3]. - The company has a strong client base, including major brands like Xiaomi, Samsung, Lenovo, Honor, OPPO, and vivo, supported by a professional team of approximately 4,000 R&D and engineering personnel [3]. - Longqi Technology has created a comprehensive smart product ecosystem compatible with popular platforms such as Android and Windows, structured around a "1+2+X" framework [3]. Group 2: Financial Performance - In 2024, Longqi Technology's smartphone revenue reached RMB 36,132.7 million, accounting for approximately 77.9% of total annual revenue [4]. - The company achieved a smartphone ODM shipment volume of 172.9 million units in 2024, ranking first globally in this category [4]. - The tablet computer business generated revenue of RMB 3,696.3 million in 2024, representing about 8% of total revenue, with ODM shipments of 12.3 million units [5]. - Longqi Technology's AIoT business saw significant growth, with revenue reaching RMB 5,573.1 million in 2024, a 122.0% increase from 2023, contributing approximately 12.0% to total revenue [5]. Group 3: Strategic Initiatives - Longqi Technology is strategically investing in new business areas such as AIPC and automotive electronics, having launched its first laptop featuring a Qualcomm Snapdragon processor in Q3 2024 [6]. - The company has established partnerships with multiple OEMs and tier-one clients in the automotive electronics sector, actively expanding into overseas markets [6].