The air conditioner manufacturer, Aux Electric, intends to launch an initial public offering (IPO) in Hong Kong as early as September, with the goal of raising funds ranging from US$600 million to US$800 million. Discussions are currently underway, and the size and timing of the offering may still undergo adjustments. In July, Aux Electric submitted its application for an overseas listing to the China Securities Regulatory Commission. However, the company has yet to issue a formal response regarding this matter.