Rigol Technologies Co.,Ltd. (00537) has announced the launch of its global offering, which will be open from June 30, 2026, to July 6, 2026.
The company plans to issue a total of 24.8022 million H shares globally, with 10% of the offer allocated for the Hong Kong public offering and 90% for the international offering.
The maximum offer price is set at HK$45.98 per share, with a board lot size of 100 H shares. Trading of the H shares on the Stock Exchange of Hong Kong is expected to commence on Thursday, July 9, 2026.
Company Overview and Market Position
Rigol is a China-based electronic measurement instruments company, recognized for its advanced technological capabilities and extensive global presence.
According to data from Frost & Sullivan, the group is the largest supplier of electronic measurement instruments in China and ranked eighth globally by revenue in 2025.
The company designs, develops, manufactures, and delivers a comprehensive range of electronic measurement instruments and solutions, supporting scientific exploration and industrial innovation.
Under its "RIGOL" brand, it serves over 100,000 end customers in more than 90 countries and regions, addressing complex testing challenges across various sectors including communications, new energy, semiconductors, education, and scientific research.
Core Technology and Strategic Investors
The group maintains a commitment to original technological innovation and has independently developed key core technologies.
Through continuous breakthroughs in hardware, software, and algorithms, it has established proprietary core technology platforms, solidifying its position as a competitive player in the electronic measurement industry.
The company has entered into cornerstone investment agreements with several investors, including HHLR Advisors, Ltd, CPE Hemlock, Suzhou High-tech Zone, Huayuan, Sungrow Power Hong Kong, Pengnian Group, and CITIC-Prudential Fund.
These cornerstone investors have agreed, subject to certain conditions, to subscribe or cause their designated entities to subscribe for shares at the offer price for a total amount of approximately $61.28 million, excluding brokerage commissions and various exchange fees.
Market Outlook and Financial Prospects
The group's financial performance is significantly influenced by the growth of the global electronic measurement instruments and solutions industry and its ability to compete effectively within the market, which itself is subject to the scale of downstream markets and customer demand.
According to Frost & Sullivan, the global market for measurement instruments and solutions exceeded RMB 110 billion in 2025.
Looking ahead, the market is expected to maintain strong growth momentum, with a projected compound annual growth rate of 9.6% from 2026 to 2030, reaching approximately RMB 180 billion by 2030.
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