According to disclosures from the Hong Kong Stock Exchange on August 31, Circuit Fabology Microelectronics Equipment Co.,Ltd. (688630.SH) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation serving as its exclusive sponsor.

The prospectus shows that Circuit Fabology Microelectronics Equipment is a global leader in the direct-write lithography industry, providing core equipment for advanced information technology industries in the AI era. Leveraging its mature capabilities in core high-precision micro-nano lithography technology research and development, as well as applying proprietary technologies to various innovative applications, the company is committed to manufacturing, selling and maintaining direct imaging and direct-write lithography equipment for global customers.

According to Frost & Sullivan, based on 2024 revenue, Circuit Fabology Microelectronics Equipment is the world's largest PCB direct imaging equipment supplier with a market share of 15.0%. According to Frost & Sullivan, as of June 30, 2025, the company is the only global company with business coverage spanning PCB, IC substrate, advanced packaging, and photomask application scenarios. It is one of only two domestic companies with products covering advanced packaging applications and one of only three companies covering photomask applications. According to the same source, as of June 30, 2025, the company serves the largest number of global advanced packaging customers.

Circuit Fabology Microelectronics Equipment possesses a comprehensive research and development technology system architecture covering light sources and exposure engines, precision workstages, alignment and focusing, data links, system modular integration design, and more. The company focuses on providing innovative, stable, and reliable micro-nano direct-write lithography equipment, committed to maximizing value for customers.

During the track record period, the company's product portfolio mainly included PCB direct imaging equipment and automated line systems, as well as semiconductor direct-write lithography equipment and automated line systems.

Financially, for the years 2022, 2023, 2024, and the six months ended June 30, 2025, the company achieved revenues of approximately RMB 652 million, RMB 829 million, RMB 954 million, and RMB 654 million respectively. During the same periods, annual/period profits were RMB 137 million, RMB 179 million, RMB 161 million, and RMB 142 million respectively.