Victory Giant Technology

Victory Giant Technology (Ticker: 2476 HK) makes complex, high-density circuit boards for AI servers and data centers, including systems used in high-performance computing. The company is domiciled in China, and its transaction is structured as an H Share listing. The offering includes a 15 percent greenshoe facility. Planned uses of proceeds include research and development, production capacity, brand promotion, business development, working capital and strategic acquisitions.

The scheduled listing date on Hong Kong Stock Exchange was April 21, 2026. The proposed offering comprises 95,850,000 shares at an indicative price of HKD 209.88 per share. The base offering would represent HKD 20.12 billion, approximately $2.56 billion in gross proceeds, excluding any unexercised over-allotment.

J.P. Morgan Securities, GF Capital and China Securities are among the transaction’s sponsors and underwriters.