en.Wedoany.com Reported - Luxshare Precision Industry, one of Apple's key manufacturing partners, plans to raise up to HK$24.27 billion (approximately US$3.1 billion) through a Hong Kong stock offering. The Shenzhen-listed electronics manufacturer disclosed in its prospectus that it intends to issue 383.5 million H-shares at a maximum offer price of HK$63.28 per share.

Approximately 90% of the shares in this offering will be allocated to international investors, with the remainder going to Hong Kong retail buyers. The transaction is expected to commence on July 9, with the company finalizing the offer price by July 7. Pricing and allocation results will be announced the following day. According to data from Frost & Sullivan, Luxshare Precision is the largest provider of precision intelligent manufacturing solutions in mainland China and ranks fifth globally by 2025 revenue. The company's business spans component and system manufacturing in consumer electronics, automotive electronics, communications, and data center sectors.

Luxshare Precision is seeking business diversification to reduce its reliance on the consumer electronics segment, which accounted for nearly 80% of its revenue last year. The automotive electronics business has grown rapidly, contributing 11.8% of sales in 2025, compared to just 3.9% two years earlier.