Shanghai Longcheer Technology Co., Ltd. (Ticker: 9611 HK) is a China-based company that focuses on the development and production of smartphones, tablets, and artificial intelligence internet of things (AIoT) products for global brands such as Xiaomi, Samsung and Lenovo. The company is currently listed on the Shanghai Stock Exchange under the ticker 603341 C.
Longcheer plans to list on the Hong Kong Stock Exchange on January 22, 2026, offering 52.26 million H shares. At an expected price of HKD 31.00 per share, the offering size is approximately HKD 1.62 billion (USD 207.75 million). Reportedly, the net proceeds are intended for expanding domestic and international production capacity, increasing investment in research and development, supporting marketing and customer expansion, and funding strategic acquisitions and working capital. The offering is managed by sponsors including Citigroup Global Markets Asia Ltd., Haitong International Capital Ltd., and Guotai Junan Capital Ltd.