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On April 23, Huaqin Technology, a renowned global leader in the smart hardware ODM sector, made its much-anticipated debut on the Hong Kong Stock Exchange under the ticker symbol 03296.HK, thereby accomplishing a significant stride in its 'A+H' dual-capital platform strategy. The stock commenced trading with a remarkable 17.05% surge, opening at HK$90.95 and propelling the company's total market capitalization to an impressive HK$94.1 billion. Huaqin Technology successfully raised a net sum of HK$4.463 billion, with the public offering witnessing an overwhelming response, being oversubscribed by a staggering 530 times.
Renowned for its dominant market presence in smartphones, tablets, smart wearables, and beyond, Huaqin Technology reported a stellar revenue figure of RMB 171.437 billion for the year 2025, marking a robust year-on-year growth of 56.02%.
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