First Day of New Shares | Shenzhen Longsys Electronics (09976) Listed for Trading, Opening Steady. The company is the world's second-largest independent semiconductor memory manufacturer.

Shenzhen Longsys Electronics (09976) debuted on the stock market, with the announcement indicating a price of HK$236 per share and a total issuance of 29.9894 million shares, consisting of 50 shares per lot. The net proceeds amount to approximately HK$6.02 billion. As of the time of writing, the stock remains unchanged at HK$236, with a trading volume of HK$323 million. According to the prospectus, Shenzhen Longsys Electronics is a global leading independent brand semiconductor memory manufacturer. Leveraging the companys vertical integration capabilities in main controller chip and memory chip design, firmware development, system-level packaging, and testing, Shenzhen Longsys Electronics designs, develops, manufactures, and sells a complete range of memory products aimed at edge AI as well as traditional consumer, enterprise, and industrial applications. According to data from Zhiwei Consulting, in terms of revenue from memory products in 2025, Shenzhen Longsys Electronics is the second largest independent semiconductor memory manufacturer among over 100 market participants globally and the largest independent memory manufacturer among more than 30 market participants in China. By 2025, Shenzhen Longsys Electronics is expected to hold a 1.2% market share of the global memory products market, which is significant for independent memory companies given the vast size of the industry.