Adaspace
Adaspace designs and produces commercial satellites and delivers customized satellite-based solutions for a range of applications.
Adaspace (Ticker: 6935 HK) designs and produces commercial satellites and delivers customized satellite-based solutions. Its Lingjing Engine supports services including space intelligence and computing, digital city applications, urban governance, and cultural, tourism, and gaming applications. The company has developed six AI payloads, four AI application satellites, and 26 AI computing satellites, and completed 15 space missions.
Adaspace expects to begin trading on Hong Kong Stock Exchange on November 13, 2026. The proposed base offering comprises 30,121,000 shares at an indicative HKD 24.90–33.20 per share. At the indicative midpoint, the total offering size would be HKD 875.02 million, or approximately $111.55 million.
Revenue was RMB 507.50 million in 2023, RMB 553.50 million in 2024, and RMB 702.70 million in 2025. For the six months ended June 30, revenue was RMB 241.30 million in 2025 and RMB 226.10 million in 2026.
Prepared with IPOX® AI assistance. Information may contain errors.
Prepared with IPOX® AI assistance. Information may contain errors.