Apple Inc supplier Luxshare Precision Industry Co raised HK$24.3 billion ($3.1 billion) after pricing shares for its listing in the Hong Kong Special Administrative Region at the maximum amount it had set.

The Chinese mainland components manufacturer sold 383.5 million shares at HK$63.28 each, according to an exchange filing Tuesday that confirmed an earlier Bloomberg News report. That represents a discount of 13 percent to Luxshare’s latest closing price of 63.28 yuan in Shenzhen.

Luxshare stopped taking orders on Friday instead of on Monday, people familiar with the matter have said. The stock will start trading in the HKSAR on Thursday.

The offering is set to be the HKSAR’s biggest first-time share sale this year, surpassing the HK$23.1 billion listing in April of Victory Giant Technology Huizhou Co, a maker of printed circuit boards.

Investor enthusiasm around a spate of artificial intelligence-related debuts has propelled share sales in the HKSAR to a five-year high. Last Tuesday alone, nine companies — many in the technology sector — started taking investor orders for their offerings, seeking to raise $6 billion combined.

Luxshare, which assembles products such as iPhones and AirPods, has climbed more than 80 percent in Shenzhen over the past year, giving it a market value of almost $72 billion.

Founded in 2004, Luxshare made components for consumer electronics before expanding into automotive electronics as well as communication and data centers. Lately, it is seeking opportunities in industries like AI devices, 3D printing, robotics and the low-altitude economy.

Luxshare attracted cornerstone investors including Singapore’s Temasek Holdings Pte, GIC Pte and Hillhouse Investment. Citic Securities Co, China International Capital Corp and Goldman Sachs Group Inc are leading its share sale.