New Stock News | Circuit Fabology Microelectronics Equipment (09630) oversubscribed 194 times in the IPO. The cost of entering one lot is HK$12763.9.

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20:15 22/06/2026
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GMT Eight
Xingo Microdevices (09630) will be listed for IPO from June 17th to June 23rd, planning to issue 12.839 million H shares.
Circuit Fabology Microelectronics Equipment (09630) will be open for subscription from June 17 to 23, with plans to issue 12.839 million H shares. Ten percent will be offered for public sale in Hong Kong, with a subscription price ranging from HK$240.09 to HK$252.73, aiming to raise a maximum of HK$3.24 billion. As of the 22nd, Circuit Fabology Microelectronics Equipment has received HK$63.3 billion in subscriptions from securities firms for the public sale, exceeding the target of HK$324 million by 194 times. Each lot of Circuit Fabology Microelectronics Equipment consists of 50 shares, with an entry fee of HK$12,763.9. It is expected to start trading on June 26. CICC is the exclusive sponsor. It is reported that the company is the world's largest supplier of PCB direct imaging equipment, providing PCB direct imaging equipment and semiconductor direct writing lithography equipment in the AI era. With its core high-precision nano-lithography technology research and development capabilities and the application of proprietary technology in various innovative applications, the company is committed to manufacturing, selling, and maintaining direct imaging and direct writing lithography equipment for global customers. According to data from Wisdom Consulting, based on revenue projections for 2025, the company ranks fourth among global suppliers of direct writing lithography equipment, with a market share of 9.4%. As one of the most important divisions in the global direct writing lithography equipment industry, the competitive landscape of the global PCB direct imaging equipment industry is relatively concentrated, with the top five PCB direct imaging equipment suppliers expected to have a combined market share of approximately 59.1% by 2025. According to data from Wisdom Consulting, based on revenue in 2025, the company is the world's largest supplier of PCB direct imaging equipment, with a market share of 18.8%. In the same year, the closest competitor had a market share of 15.7%, while other major competitors had similar market shares. According to data from Wisdom Consulting, as of December 31, 2025, the company is the only global company with commercial products covering all PCB, IC carrier board, advanced packaging, and mask application, one of only two companies in China with commercial products covering advanced packaging applications, and one of only three companies in China with products covering mask applications.