Shenzhen Longsys Electronics Co.,Ltd. Plans Hong Kong IPO, Receives CSRC Filing Notice | A-Share Company Hong Kong Listing

Deep News09-18

On September 17, 2025, the International Cooperation Department of the China Securities Regulatory Commission issued a notice for overseas issuance and listing filing for Shenzhen Longsys Electronics Co.,Ltd. (International Cooperation Letter [2025] No. 1559).

According to the filing notice, Shenzhen Longsys Electronics Co.,Ltd. plans to issue no more than 84.4198 million ordinary shares for overseas listing on the Hong Kong Stock Exchange.

Shenzhen Longsys Electronics Co.,Ltd. (301308.SZ) went public on the A-share market on August 5, 2022. As of the close on September 17, 2025, its total market capitalization was approximately RMB 48.1 billion.

Shenzhen Longsys Electronics Co.,Ltd. submitted its prospectus to the Hong Kong Stock Exchange on March 21, 2025, with Citi and CITIC Securities serving as joint sponsors.

Founded in 1999, Shenzhen Longsys Electronics Co.,Ltd. is a leading global independent branded semiconductor memory manufacturer, providing comprehensive storage value chain solutions. The company designs, manufactures, and sells NAND Flash and DRAM storage products for consumer-grade, enterprise-grade, and industrial-grade applications. The company operates three main brands: FORESEE and Zilia (serving the B2B market), and Lexar (serving the B2C market). Its product portfolio covers NAND Flash and DRAM storage products, including four major product lines: embedded storage, solid-state drives, mobile storage, and memory modules.

According to CIC data, based on storage product revenue in 2023, Shenzhen Longsys Electronics Co.,Ltd. is the world's second-largest independent memory manufacturer and China's largest independent memory manufacturer. Specifically:

- Based on B2B storage product revenue in 2023, Shenzhen Longsys Electronics Co.,Ltd.'s FORESEE brand ranked fifth among global independent brands;

- Based on revenue in 2023, Shenzhen Longsys Electronics Co.,Ltd.'s Lexar brand ranked second among global independent storage product consumer brands;

- Based on revenue in 2023, Shenzhen Longsys Electronics Co.,Ltd.'s Zilia brand ranked first among independent memory manufacturers in Latin America and Brazil.

Prospectus link for Shenzhen Longsys Electronics Co.,Ltd.: https://www1.hkexnews.hk/app/sehk/2025/107208/documents/sehk25032100805_c.pdf

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