Chinese mainland electronics components maker Suzhou Dongshan Precision Manufacturing is seeking to raise up to HK$10.67 billion ($1.36 billion) in a Hong Kong listing, according to a regulatory filing lodged on Tuesday.
The Shenzhen-listed manufacturer of electronic circuit products is offering 113.8 million H shares at up to HK$93.80 each, joining a wave of mainland firms tapping a resurgent initial public offering market in the special administrative region.
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Suzhou Dongshan Precision said proceeds from the offering would be used to build new and upgrade existing production facilities, including expanding high-speed EML chip and optical module manufacturing capacity in the mainland.
Final pricing is scheduled for Oct 26, with trading of the shares expected to begin on Oct 28.
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Founded in 1998, Suzhou Dongshan Precision is the world's second-largest supplier of flexible printed circuit boards used in smartphones, automobiles and other electronic devices, according to the company's website,
In the Hong Kong SAR, companies raised HK$388 billion through 118 listings in the first nine months of 2026, more than double from a year earlier, helped by strong investor appetite for mainland technology-related stocks.
