Rigol Technologies Plans Hong Kong IPO: Seeking Additional Capital After Multiple A-Share Fundraising Rounds

Deep News08-21

Rigol Technologies Co.,Ltd. recently announced its intention to further enhance the company's capital strength and comprehensive competitiveness, and to advance the commercialization of its products and global strategy. The company plans to issue overseas-listed foreign shares (H-shares) and apply for listing on the Main Board of The Stock Exchange of Hong Kong Limited.

In April 2022, Rigol Technologies was listed on the Science and Technology Innovation Board (STAR Market). Rigol Technologies is a global electronic measurement instruments company that independently develops key core technologies. Through its "RIGOL" brand, the company empowers test and measurement applications for customers in over 90 countries and regions worldwide. The company continues to innovate in general electronic measurement instrument products including digital oscilloscopes, RF instruments, waveform generators, power supplies and electronic loads, multimeters and data acquisition systems, while providing multi-level solutions at chip, module, and system levels to help customers in communications, new energy, semiconductors, education and research, and system integration sectors address complex test and measurement challenges.

According to relevant reports, as of the end of the first quarter of 2025, Rigol Technologies had 338 million yuan in monetary funds on its balance sheet and 1.885 billion yuan in trading financial assets, totaling 2.223 billion yuan in broad monetary funds.

In 2022, Rigol Technologies raised 1.846 billion yuan through its listing on the A-share STAR Market, with over-subscription of 900 million yuan. Subsequently, the company raised additional funds through multiple private placements. Over the three years since listing, Rigol Technologies' total equity fundraising exceeded 2.4 billion yuan.

Notably, in terms of marketing, Rigol Technologies is implementing a "globalization + localization" strategy. Targeting major markets, the company will continue to strengthen its global and local deployment strategies. Focusing on traditional European, American, and Japanese markets as well as emerging economy markets, the company continues to build a comprehensive sales system globally. The company will continue to create value for customers in market, technology, and service aspects through local employee deployment. This Hong Kong listing may also represent an important step in the company's globalization strategy, and further developments will continue to be monitored.

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