Huaqin Technology (03296) made its trading debut today. According to the company's announcement, the stock was priced at HK$77.7 per share. A total of 58,548,200 shares were issued, with a board lot size of 100 shares. The net proceeds from the offering amounted to approximately HK$4.463 billion. At the time of writing, the stock price had risen by 13.13% to HK$87.90, with a turnover of HK$1.092 billion.
Public information indicates that Huaqin Technology is a platform-based company in the smart product sector, with over 20 years of experience. Its smart products integrate core technologies such as artificial intelligence, the Internet of Things, big data, and communication technologies, combining multiple intelligent functions. Leveraging experience gained throughout its development, the company promotes the development and application of products and technologies in the era of mobile communications, the internet, cloud computing, and artificial intelligence. It provides smart products to global technology companies, covering areas including mobile terminals, computing and data center business, AIoT, and innovative services.
According to data from CIC, Huaqin Technology is one of the world's smart product ODM platforms with the most diverse range of categories. It is also the only ODM manufacturer globally to have established leading market positions simultaneously in smartphones, tablets, smart wearables, laptops, and data infrastructure products. The company's platform and product capabilities have gained widespread recognition in the global market. As of December 31, 2025, the company's client base has covered major industry players worldwide, including mobile terminal brands, personal computer brands, cloud service providers, and automotive manufacturers.
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