New stock news | Luxshare Precision Industry (002475.SZ) is being listed on the Hong Kong Stock Exchange, providing solutions for the largest precision smart manufacturing company in mainland China.

According to the disclosure from the Hong Kong Stock Exchange on June 23rd, Luxshare Precision Industry Co., Ltd. (referred to as Luxshare Precision Industry (002475.SZ)) went through the listing hearing on the main board of the Hong Kong Stock Exchange, with CITIC SEC, Goldman Sachs, and CICC as its joint sponsors. According to the prospectus, based on data from Frost & Sullivan, by revenue in 2025, Luxshare Precision Industry is the largest in China and the fifth largest globally in providing Precision Intelligent Manufacturing Solutions (PIMS). As an innovative technology company, the company is dedicated to providing cross-domain vertical integrated development and intelligent manufacturing solutions from precision components and modules to systems for global customers in the consumer electronics, automotive electronics, communication and data center, and other end markets. Particularly, based on data from Frost & Sullivan, by revenue in 2025, the company ranks second globally and first in China in the consumer electronics components and modules PIMS market, with a global market share of 11.2%. The company has built a full-stack development and manufacturing platform, deeply engaging in various stages of the customer product design, research and development, production, and after-sales services, empowering top brands in various major industries globally, including the top ten global consumer electronics brands, the top five automotive electronics brands, the top five communication and data center brands, and over 100 companies listed on the Fortune Global 500. Starting from precision components in the consumer electronics sector, the company has expanded its product portfolio and application areas through organic growth, acquisitions, and strategic partnerships to become a cross-domain integrated precision intelligent manufacturing solutions provider, offering vertical integrated PIMS for all major categories of consumer electronics products, including smartphones, laptops, tablets, smart wearable devices, smart acoustic terminals, smart home devices, and outdoor electronic products. While consolidating its leadership position in consumer electronics products, the company has successfully replicated this model in automotive electronics and communication and data center sectors. According to data from Frost & Sullivan, the company has the most comprehensive and diversified product portfolio among global PIMS providers, covering over 500 product categories under customs codes. With its scalable and diversified business, the company has the ability to seize vast market opportunities in other frontier industries such as AI intelligent terminals, 3D printing, low-altitude economy, and Siasun Robot & Automation. Financially, in the fiscal years 2023, 2024, and 2025, the company achieved revenues of approximately RMB 231.905 billion, RMB 268.795 billion, and RMB 332.344 billion respectively. The company's annual profit increased from RMB 12.243 billion in 2023 to RMB 14.579 billion in 2024, a 19.1% increase, and further to RMB 18.170 billion in 2025, a 24.6% increase. The continuous growth in annual profit is mainly due to: (i) strong organic growth driven by the expansion of the company's global customer base, increasing order size, and industry trends; and (ii) successful mergers and acquisitions, which further diversify the company's customer base, drive sales growth, and increase revenue and gross profit.