On 23 March 2026, Nsing Technology (02701. HK) has successfully listed on the Main Board of the Hong Kong Stock Exchange, becoming dual-listed in both the A-share and Hong Kong markets. The company issued 95 million H shares in its global offering at a price of HK$10.80 per share, raising gross proceeds of approximately HK$1.026 billion.

In this transaction, DLA Piper advised the issuer on Hong Kong and US law, while Han Kun acted as PRC counsel to the issuer. Incisive Law LLC and Ashurst (Tokyo) advised the issuer on Singapore law and international sanctions law, respectively.

CITIC Securities (Hong Kong) acted as the sole sponsor. Linklaters and King & Wood Mallesons advised the sponsor and underwriters on Hong Kong and US law, and PRC law, respectively.

Founded in 2000 and headquartered in Shenzhen, Nsing Technology is a leading provider of intelligent terminal control chips and system solutions, with a diversified business portfolio that also extends into lithium battery anode materials.

The company was previously listed on the ChiNext board of the Shenzhen Stock Exchange (300077.SZ) in April 2010. Following its move to pursue a Hong Kong listing, Nsing Technology submitted its listing applications to the HKEX in June and December 2025, and passed its listing hearing on 4 March 2026.

Proceeds from the offering will primarily be used to enhance research and development capabilities, upgrade existing product offerings, pursue strategic investments, and repay certain bank loans, as well as for general working capital.