New Stock News | Longsun Technology (688486.SH) submits listing documents to Hong Kong Stock Exchange.
According to the Securities Times APP, it was revealed by the Hong Kong Stock Exchange on December 22 that Longxun Semiconductor (Hefei) Co., Ltd. (referred to as Longxun Shares (688486.SH)) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CITIC Securities International as the exclusive sponsor. The prospectus shows that Longxun Shares is a leading high-speed mixed-signal chip design company, committed to building efficient and reliable "data highways" for smart terminals, devices, and AI applications. The company's products can achieve seamless data transmission and processing, and realize efficient interaction between computing, storage, and display units. The main applications include smart visual terminals, smart in-vehicle systems, AR/VR devices, and AI and high-performance computing ("HPC"). According to Frost & Sullivan data, based on revenue projections for 2024, the company ranks first in the Chinese mainland and top five globally in the video bridge chip market among Fabless design companies.
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