Overview
- The company filed a Hong Kong prospectus Tuesday and plans to offer 383.5 million H shares at a maximum price of HK$63.28 each to raise as much as HK$24.27 billion.
- About 90% of the offering is earmarked for international institutional investors with the final offer price due by July 7 and trading expected to start around July 9.
- Regulators cleared the move earlier this month when the China Securities Regulatory Commission approved the listing on June 22.
- Reported deal sponsors include Citic Securities, Goldman Sachs and CICC, and some coverage has put a higher potential share count at up to 441 million, a discrepancy tied to differing reports of the offering size.
- Luxshare already trades in Shenzhen and posted RMB 332.34 billion in revenue and RMB 16.6 billion in net profit for 2025 as it seeks capital to reduce reliance on Apple by expanding automotive electronics and AI/data‑center businesses.