Ligent Technologies Passes HKEX Hearing, Plans Up to 310 Million Shares

Ligent Technologies, Inc. has passed the listing hearing of the Hong Kong Stock Exchange, with Citigroup and CITIC Securities acting as sponsors. The China Securities Regulatory Commission had previously issued a filing notice for the company's Hong Kong listing plan, approving the issuance of no more than 310 million overseas-listed ordinary shares and their listing in Hong Kong.

Based on global optical module revenue in 2025, Ligent Technologies held a 4% market share, ranking fifth among all professional optical module manufacturers. In the first half of 2026, the company generated revenue of RMB 5.393 billion, representing a year-on-year increase of 27.91%; profit for the period amounted to RMB 661 million, up 29.72% year-on-year.

In terms of shareholding structure, Hisense Group Holdings, through direct shareholding and its subsidiary Century Jinlong, indirectly holds approximately 48.61% of Ligent Technologies, making it the controlling shareholder. TransLight, controlled by founder Huang Weiping, holds 23.22%, while Primavera Capital, through Global Optical, holds 16.48%.