Lingyi iTech (Guangdong)

Lingyi iTech (Guangdong) (Ticker: 1688 HK) provides production services and hardware solutions for electronic devices. Its products include core materials, functional components, modules and assembled systems for smart electronics, robotics, enterprise servers, automotive products and advanced air mobility. Its hardware focus includes humanoid robots, AI glasses, extended-reality devices, foldable devices and servers. The company operates a global research, development and production network and serves customers in smart electronics, new-energy vehicles and extended reality.

The scheduled listing date on Hong Kong Stock Exchange was June 26, 2026. The proposed offering comprises 811,810,000 shares at an indicative price of HKD 10.18 per share. The base offering would represent HKD 8.26 billion, approximately $1.05 billion in gross proceeds, excluding any unexercised over-allotment.

CITIC Securities, Citigroup Global Markets Asia, Futu Securities International, Guotai Junan Securities and J.P. Morgan are named as managers; their individual roles are not specified.