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New Vision Automotive

Jiangsu New Vision Automotive Electronics Co Ltd (Ticker: 2632 HK) is a Chinese company operating in the automotive parts and equipment industry, focusing on Head-Up Display (HUD) solutions. The company plans to list on the Hong Kong Stock Exchange on March 24, 2026, offering 16.23 million H shares at an expected price range of HKD 42.00 to 48.00. The IPO is expected to raise approximately HKD 778.87 million (USD 99.47 million). The company has an estimated market capitalization between HKD 5.18 billion and HKD 5.92 billion.

According to sources, Jiangsu New Vision provides comprehensive HUD solutions primarily centered on CyberLens (windshield HUD) and CyberVision (augmented reality HUD), along with testing solutions and other visual technology initiatives. The company reportedly collaborates with automotive OEMs at the solution definition stage to provide immersive human-vehicle interactions and intelligent driving experiences. The company plans to use the IPO proceeds for R&D and product capacity, brand promotion and business development, working capital, and strategic acquisitions. The offering's sponsors are reportedly Haitong International Capital and CITIC Securities, with BOCI Asia, CLSA, Futu Securities International, and Patrons Securities acting as bookrunners.

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March 24

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