FS.COM (Ticker: 3355 HK) is a Chinese company operating as an online direct-to-consumer networking solution provider. FS.COM plans to list on the Hong Kong Stock Exchange on March 23, 2026, planning to offer 40,000,000 H shares at a price range of HKD 35.20 to HKD 41.60, reportedly raising up to HKD 1.66 billion (USD 212.56 million). The company has an estimated market capitalization between USD 1.80 billion and USD 2.13 billion.

According to sources, the company delivers scalable networking solutions, including high-performance equipment, operating systems, and cloud-based management platforms. The company reportedly serves over 500,000 customers globally, with a major business focus in the USA, supporting scenarios like high-performance computing, data centers, enterprise networks, and telecommunications.

FS.COM reportedly plans to use the IPO proceeds for R&D and product capacity, brand promotion and business development, working capital, strategic acquisitions, and other general purposes. According to sources, the joint sponsors for the offering include China Merchants Securities, China International Capital Corporation, and China Securities International.