Apple supplier Luxshare Precision Industry clears Hong Kong listing hurdle
Luxshare Precision Industry, a key Apple supplier for AirPods, iPhones, and the Vision Pro headset, passed a hearing for a Hong Kong listing on Tuesday, following approval from the China Securities Regulatory Commission. The Shenzhen-based company, founded in 2004 as a cable connector business, reported 2025 revenue of 332 billion yuan ($48.82 billion), a 24% increase year-on-year. Consumer electronics accounted for nearly 80% of revenue, while automotive segment sales nearly tripled to 12%. Net profit rose 24% to 16.6 billion yuan.
Key facts
- Luxshare Precision Industry passed hearing for Hong Kong listing on Tuesday
- Received green light from China Securities Regulatory Commission for offshore plan
- Company is a key supplier for AirPods, iPhones, and Vision Pro headset
- Based in Shenzhen, founded in 2004 as cable connector business
- 2025 revenue: 332 billion yuan ($48.82 billion), up 24% year-on-year
- Consumer electronics accounts for nearly 80% of revenue
- Automotive segment sales nearly tripled to 12% of revenue
- Net profit surged 24% to 16.6 billion yuan in 2025
Entities
Institutions
- Luxshare Precision Industry
- Apple
- China Securities Regulatory Commission
- Hong Kong Stock Exchange (HKEX)
Locations
- Shenzhen
- China
- Hong Kong