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Victory Giant Technology

Victory Giant Technology Huizhou Co Ltd (Ticker: 2476 HK) is a Chinese company specializing in advanced printed circuit boards for AI and high-performance computing. Victory Giant Technology plans to list on the Hong Kong Stock Exchange on April 21, 2026, offering 95.85 million shares at HKD 209.88 each, raising an offer size of HKD 20.12 billion (approximately USD 2.58 billion).

Victory Giant Technology reportedly plans to use the IPO proceeds for R&D and product capacity, brand promotion, business development, working capital, and strategic acquisitions. The company operates globally but is domiciled in China, structuring this transaction as an H Share listing.

According to the filing, the firm is holding a prominent global market share in circuit boards for AI servers and data centers, and manufactures complex, high-density interconnects. The IPO offering was upsized from an initial filing of 83.35 million shares and includes a 15 percent greenshoe facility. According to the prospectus, the transaction is managed by a syndicate of sponsors and underwriters, including J.P. Morgan Securities, GF Capital, and China Securities.

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