On June 12, 2026, the International Cooperation Department of the China Securities Regulatory Commission (CSRC) granted filing approval, permitting Beijing HiLight Semiconductor Technology Co., Ltd. to proceed with an overseas listing and enabling the 'full circulation' of its domestic shares that are not yet listed. Based on the filing details, HiLight Semiconductor intends to issue up to 15,446,200 ordinary shares for its overseas listing, with the Hong Kong Stock Exchange being the designated platform. Concurrently, 33 shareholders of the company have expressed their intention to convert a cumulative total of 76,110,545 unlisted domestic shares into shares that will be tradable on the Hong Kong Stock Exchange. Notably, HiLight Semiconductor had already submitted its prospectus to the Hong Kong Stock Exchange on May 7, 2026, signaling its ambition to list on the Hong Kong Main Board.
