SDMC Technology

SDMC Technology (Ticker: 901 HK) develops and sells digital video and network communication devices, along with related system platforms, for enterprise customers. Its products include media streaming terminals, projectors, cameras, Wi-Fi routers, optical network terminals and cable modems. All offered shares are primary shares. Planned uses of proceeds include research and development, expanding product capacity, brand promotion and business development, working capital, and strategic acquisitions.

The scheduled listing date on Hong Kong Stock Exchange was May 27, 2026. The proposed offering comprises 19,210,000 shares at an indicative price of HKD 32.80 per share. The base offering would represent HKD 630.09 million, approximately $80.29 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is $877.00 million.

China Securities (International) Corporate Finance is the sponsor. ABCI, CCB International, CMB International and CNCB Hong Kong Capital are underwriters.