China's Shenzhen Longsys eyes $800 million in Hong Kong IPO
Summary
Shenzhen Longsys Electronics plans to raise up to HK$6.27 billion through a Hong Kong listing. The company will sell 26.1 million H shares and expects to begin trading on September 8. It plans to use most of the proceeds to strengthen research and development and expand chip design and advanced memory product development. Lenovo Group and Ingenic Semiconductor are among the cornerstone investors. The filing also highlights a very large jump in half-year net profit.
Funding
Amount
$799.8M
Total raised
Date
August 31, 2026
Announcement date
Investors
Lenovo Group
Lead investors
Company
longsys.com
Funded company
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