New Stock News | Huaqin Technology (603296.SH) applies to the Hong Kong Stock Exchange again

According to the disclosure of the Hong Kong Stock Exchange on March 23, Huaqin Technology Co., Ltd. (Huaqin Technology, 603296.SH) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CICC and BofA SECURITIES as joint sponsors. The company previously submitted an application to the Hong Kong Stock Exchange on September 16, 2025. The prospectus shows that, according to data from Torch Insight, the company is a full-stack intelligent product ODM platform and has achieved the global first in multiple intelligent product categories. In addition, based on the global consumer electronics ODM shipments in 2024, the company was the world's largest consumer electronics ODM manufacturer with a market share of 22.5%. Based on the global smartphone ODM shipments in 2024, the company was also the world's second largest smartphone ODM manufacturer with a market share of 25.9%; based on the global tablet ODM shipments in 2024, the company was the world's largest tablet ODM manufacturer with a market share of 37.9%; based on the global smart wearable ODM shipments in 2024, the company was the world's largest smart wearable ODM manufacturer with a market share of 18.7%. Furthermore, based on the global laptop ODM shipments in 2024, the company was the world's fourth largest and China's largest laptop ODM manufacturer with a market share of 9.6%. Based on the revenue from China's data infrastructure business in 2024, the company ranked sixth among all data infrastructure companies in China, with a market share of 5.0%.