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Longcheer Successfully Lists on HKEX (09611.HK), Embarking on a New Journey of Global Development

On January 22, Shanghai Longcheer Technology Co., Ltd. (Stock Short Name: Longcheer Technology; Stock Codes: 09611.HK and 603341.SH) was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX). This milestone marks the official launch of the company's dual capital platform strategy encompassing both the A-share and H-share markets, heralding a new journey in its global development.

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Since its inception, Longcheer has consistently adhered to its core values of “customer centric, inspiring dedication, long-term driven” steadfastly upholding its corporate mission of "creating new value for society through technology." Leveraging over two decades of technological expertise in the ODM industry and global operational capabilities, the company has secured the enduring trust of numerous leading global clients, such as Xiaomi, Samsung, and Lenovo. As the world's largest smartphone ODM provider (with shipments of 173 million units and a market share of 32.6% in 2024) and the second-largest consumer electronics ODM enterprise globally, Longcheer has established a comprehensive full-chain service capability spanning product research, design, manufacturing, and support.


Relying on its "1+2+X" product strategy, Longcheer has formed a diversified and synergistic business layout: with the smartphone business as its core mainstay, AI PC and automotive electronics as its two major growth engines, and the X-category emerging businesses represented by products like smart glasses achieving rapid breakthroughs. In terms of global presence, the company has established four major manufacturing bases in Huizhou, Nanchang, Vietnam, and India, and set up branch offices in multiple locations including the United States, South Korea, and Japan, forming a highly efficient collaborative system of "China R&D + Global Manufacturing."

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The listing on the Hong Kong stock market marks another milestone for Longcheer following its A-share listing in 2024. It not only broadens the company’s international financing channels but also serves as a critical anchor in advancing its globalization strategy. This serves both as recognition of the company’s technological expertise and industry standing, and as a vital window to showcase its growth potential to global investors.

Looking ahead, Longcheer will leverage its "A+H" dual capital platform as a strategic opportunity to scale up investments in AI edge innovation and overseas production capacity, while accelerating customer acquisition and brand penetration in key markets such as North America and Europe. By enhancing its core competitiveness to drive high-quality growth, Longcheer aims to deliver superior intelligent product solutions to clients worldwide, generate long-term value for investors, foster an international development platform for its employees, and contribute to the global advancement of the AI smart hardware industry—ushering in a new chapter in its globalization journey.