Suzhou Dongshan Precision Manufacturing Co.,Ltd. (002384.SZ) is planning to list in Hong Kong as early as next month, aiming to raise between US$2 billion and US$3 billion, according to reports. UBS, Guotai Haitong, GF Securities, and CITIC Securities are serving as joint sponsors of the IPO.

On September 28, Suzhou Dongshan Precision Manufacturing Co.,Ltd. (002384.SZ) announced that it had received a filing notice from the China Securities Regulatory Commission for its overseas offering and listing, with plans to issue no more than 234 million overseas-listed ordinary shares and list on the Main Board of the Hong Kong Stock Exchange.

Suzhou Dongshan Precision Manufacturing Co.,Ltd. (002384.SZ) operates across electronic circuits, precision components, and optoelectronic display modules, with products serving markets including consumer electronics, new energy vehicles, and communication equipment. Since 2026, the company has been further shifting its business focus toward AI computing-related industry chains.

In the first half of this year, Suzhou Dongshan Precision Manufacturing Co.,Ltd. (002384.SZ) recorded revenue of RMB 27.798 billion, up 63.95% year-on-year, and net profit attributable to shareholders of RMB 2.957 billion, up 290.09% year-on-year. Among its segments, the electronic circuits business generated revenue of RMB 12.53 billion, up 13.29% year-on-year; the precision components business posted revenue of RMB 6.581 billion, up 178.63% year-on-year; the optical module business contributed revenue of RMB 5.351 billion; and the optoelectronic display module business recorded revenue of RMB 2.723 billion, up 10.68% year-on-year.