据悉， 蓝思科技本次全球发售H股基础发行股数为2.62亿股，H股发行价格区间初步定为17.38港 元至18.18港元，预计于2025年7月9日在港交所挂牌并开始上市交易。 在扣除相关开支后，蓝思 科技估计将获得此次港股募资净额为45.90亿港元。 今 年3月31日，蓝思科技 已 向港交所递交了发行上市申请并刊登申请资料；6月16日，公司收到 中国证监会出具的境外发行上市备案通知书；6月20日，港交所上市委员会审议通过其发行上市申 请 。 公告显示， 蓝思科技 将 约48%的募资资金用于丰富与扩展产品及服务组合；约28%的资金用于 扩大海外业务布局；约14%的资金用于提升垂直整合智能制造能力；以及10%资金用作营运资金 及其他一般企业用途。 值得注意的是，本次蓝思科技IPO引入多位基石投资者，小米旗下GreenBetter、世运电路旗下世 运线路版、UBS AM Singapore、Oaktree、LMR、弘毅投资旗下Redwood、QRT、Poly Platinum、无极资本旗下Infini、Verition等机构将承诺以IPO价格认购蓝思科技一定份额的股票， 认购金额共计约为1.91亿美元（约14.99亿港 ...

Core Viewpoint - The company is positioned as a one-stop precision manufacturing solution provider for smart terminals, focusing on vertical integration and horizontal expansion in the industry chain [1] Group 1: Business Development - The company has expanded its product lines by establishing subsidiaries for new materials such as ceramics and sapphire, and has entered the smartphone mid-frame processing business through acquisitions [2] - The company has initiated a smart terminal assembly project, achieving a full industry chain layout from raw material production to complete assembly, which supports revenue growth [2] Group 2: Automotive Electronics - Since 2015, the company has been deeply involved in the new energy vehicle market, establishing long-term partnerships with major manufacturers like Tesla, BMW, and BYD [3] - The company produces a variety of automotive electronic products, including vehicle-mounted glass and components, which are expected to become a significant growth driver [3] Group 3: Emerging Businesses - The company has developed core manufacturing processes for foldable screens and supplies key components to major clients [4] - A strategic partnership with Rokid for AI/XR glasses has been established, covering the entire production chain from design to assembly [4] - The company has launched smart retail terminals in collaboration with Alipay, showcasing its rapid production capabilities [4] - The company has been involved in the robotics sector since 2016, successfully delivering humanoid robots in partnership with Zhiyuan Robotics [4] Group 4: Financial Projections - Revenue projections for 2025-2027 are estimated at 92.16 billion, 113.24 billion, and 132.63 billion yuan, with year-on-year growth rates of 31.85%, 22.88%, and 17.12% respectively [5] - Net profit forecasts for the same period are 5.03 billion, 6.40 billion, and 7.57 billion yuan, with growth rates of 38.91%, 27.05%, and 18.35% [5] - Earnings per share (EPS) are projected to be 1.01, 1.28, and 1.52 yuan for 2025, 2026, and 2027 respectively [5]