09611 龍旗科技
LONGCHEER
LONGCHEER
| Register Close | 2026/01/19 IPO Closing in 5 Days |
| Listing Date | 2026/01/22 |
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IPO Detail
COMPANY PROFILE
Shanghai Longcheer Technology Co. is a leading global provider of smart devices and services, offering solutions - including product research, design, manufacturing, and support - for renowned smart device brands and leading technology companies worldwide.
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According to the report, the Group is the world’s second largest consumer electronics ODM company by consumer electronics ODM shipments in 2024, with the market share of 22.4%, and the world’s largest smartphone ODM company by smartphone ODM shipments in 2024, with the market share of 32.6%.
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The Group has built a diverse product portfolio that includes smartphones, AI PCs, automotive electronics, tablets, smart watches/bands, and smart eyewear. The Group has also established an extensive core customer base, including leading brands such as Xiaomi, Samsung Electronics, Lenovo, Honor, OPPO, and vivo.
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The Group’s customers primarily consist of leading global smart device brands and top-tier technology companies and it primarily generated revenue from full-stack ODM solutions and value-added professional services related to its smart devices.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | IT Hardware |
| Major Business Area | China |
| Board Lot | 100 |
GLOBAL OFFERING
| No. of Offer Shares | 52.26M H shares |
| No. of International Offer Shares | 47.03M H shares |
| No. of HK Offer Shares | 5.23M H shares |
| Offer Price | $31.00 |
| Stock Code | 9611 |
| Sponsor(s) | Citigroup Global Markets Asia Limited, Haitong International Capital Limited, Guotai Junan Capital Limited |
| Underwriter(s) | Citigroup Global Markets Asia Limited, Haitong International Securities Company Limited, Guotai Junan Securities (Hong Kong) Limited, Huatai Financial Holdings (Hong Kong) Limited, ABCI Securities Company Limited, Futu Securities International (Hong Kong) Limited, Tiger Brokers (HK) Global Limited, Open Securities Limited |
TIME TABLE
| Application Period | Jan 14 (Wed) - noon, Jan 19 (Mon) |
| Price Determination Date | Jan 20 (Tue) |
| Result Announcement Date | On or before Jan 21 (Wed) |
| Result Announcement Date | On or before Jan 21 (Wed) |
| Result Announcement Date | On or before Jan 22 (Thu) |
| Dealings in Shares commence on | Jan 22, 2026. (Thu) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $31.00 |
| Capitalization (H Shares) | 1.62B |
| NAV / share ($) | $15.00 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 31.00, the net proceeds raised would be HKD 1.52B, of which |
| 40% : Expand overall production capacity both domestically and internationally, enhancing self-production capabilities |
| 20% : Support ongoing research and development efforts, particularly to strengthen independent R&D and innovation capabilities in key areas |
| 10% : Improve marketing and customer expansion efforts |
| 20% : Support global strategic investments or acquisitions |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).