Multek

Headlines · 2

1. 3d
   Dongshan Precision completes HK$9.88 billion Hong Kong listing

   Dongshan Precision began trading in Hong Kong on October 28 at HK$82.4 per share, giving it an initial market capitalization of about HK$160 billion and completing its A+H listing structure. The H-share offer was priced at HK$86.8 and raised HK$9.876 billion; shares closed at HK$86.15 on debut before falling to HK$78 by October 30. The company reported first-nine-month revenue of RMB45.379 billion and attributable net profit of RMB5.289 billion, with optical-module growth and the consolidation of Source Photonics and GMD contributing to the increase.

   钛媒体 · 🔥 5
2. Oct 13
   Dongshan Precision clears HKEX hearing for $2–3B Hong Kong listing

   Dongshan Precision passed its Hong Kong Stock Exchange listing hearing on October 11 and has begun pre-marketing a main-board offering expected to raise about US$2 billion to US$3 billion, with UBS, Guotai Haitong, GF Securities and CITIC Securities as joint sponsors, according to a CLS report republished by TMTPost. The report says the company describes itself as the world's largest PCB maker for edge AI devices and an Apple supply-chain member; its roughly 6 billion yuan purchase of Source Photonics in 2025 added optical modules, and Source Photonics accounted for 16.02% of consolidated revenue and 52.92% of profit in the first quarter of 2026. First-half 2026 revenue was 27.798 billion yuan, up 64%, with net profit of about 2.985 billion yuan, up 293.5%, while its A-share market value has fallen from more than 500 billion yuan in June to about 240 billion yuan.

   钛媒体 · 🔥 0

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