IPO News | "Leader in Signal Transmission for AI Computing Infrastructure" Dongshan Precision Starts Bookbuilding, Plans to List on October 28; One Lot Subscription Amount is HKD 9,474.59

Futu News, October 20,$DSBJ (02384.HK)$Announced that bookbuilding will take place from October 20 to October 23. The company plans a global offering of approximately 113 million shares and expects to list on October 28.

Company Overview

The company is primarily focused on manufacturing PCBs, precision components, touch panels, LCD modules, and optical transceivers, with business and operational footprints spanning the globe. Its products are widely used in consumer electronics, automotive, data centers, communication equipment, and industrial control devices, ultimately enabling interconnectivity between people, devices, and infrastructure. The company is also rapidly expanding its capabilities into the data center end-market, enhancing its ability to support AI deployment in data centers and at the edge, thereby driving the transition to an era of intelligent connectivity. In September 2025, the company entered the optical transceiver business through the acquisition of Source Photonics, thereby expanding its product portfolio to include optical transceivers.

The company has built a diversified product portfolio around its core value customers. Its PCBs, precision components, touch panels, LCD modules, and optical transceivers are widely applied in consumer electronics, automotive, data centers, communication equipment, and industrial control equipment. By actively leveraging synergies in R&D, engineering, supply chain, and operations, the company provides comprehensive solutions and a rich, diversified product portfolio to top-tier global technology companies.

Financial Overview

For the years 2023, 2024, 2025, and the six months ended June 30, 2026, the Company’s revenues were RMB 33,651.2 million, RMB 36,770.4 million, RMB 40,124.9 million, and RMB 27,797.7 million, respectively. For the same periods, the Company’s profits for the year/period were RMB 1,965.1 million, RMB 1,085.1 million, RMB 1,393.0 million, and RMB 2,984.6 million, respectively.

Use of Proceeds

Regarding the use of proceeds, Dongshan Precision estimates that the net proceeds from the global offering will be approximately HK$10.517 billion (calculated based on the maximum offer price of HK$93.8 per share, assuming the over-allotment option is not exercised). According to the prospectus, Dongshan Precision intends to use the funds raised from the global offering for the following purposes:

Approximately 64.5% is expected to be used for constructing new facilities and upgrading the Company’s existing production facilities and lines; approximately 20.0% is expected to be used for potential strategic investments or acquisitions to consolidate the Company’s technological and market leadership in its core businesses; approximately 5.5% is expected to be used to repay part of the existing debt; and approximately 10.0% is expected to be used for working capital and general corporate purposes.

Further reading:Dongshan Precision IPO book

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Edited by Vincent

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