Sources familiar with the matter reveal that Dapustor Corporation (301666.SZ) has engaged investment banks, including CITIC Securities, Haitong, and UBS Group, to arrange its secondary listing in Hong Kong. The chip company could launch its IPO as early as next year, potentially raising billions of US dollars, although the final offering size will depend on its market valuation at the time of listing.

According to insiders, the discussions regarding Dapustor's potential Hong Kong listing are still in progress, and details such as timing and scale are subject to change. The company recently released its semi-annual report for fiscal 2026, posting revenue of RMB 4.722 billion, a remarkable 531.17% surge year-over-year. Net profit attributable to shareholders reached RMB 1.334 billion, marking a turnaround from a loss in the prior year, with basic earnings per share standing at RMB 3.28. Adjusted net profit, excluding non-recurring items, also swung to a positive RMB 1.331 billion.