Han Kun Law Offices, acting as the PRC legal advisor to the joint sponsors, China International Capital Corporation Hong Kong Securities Limited and CITIC Securities (Hong Kong) Limited, provided PRC legal services in connection with the initial public offering and listing of Viewtrix Technology Co., Ltd. (stock code: 3310.HK) on the Main Board of The Stock Exchange of Hong Kong Limited, facilitating the company's successful debut in Hong Kong's capital markets. The Hong Kong public offering was oversubscribed by more than 3,559 times, with the final offer price set at HK$20.81per share, raising gross proceeds of over HK$1.1 billion.
Viewtrix Technology is a key player in the global AMOLED display driver chip market for smartphones and is the largest AMOLED display driver chip design company in mainland China. The company follows a fabless business model, focusing on the design and sale of AMOLED display driver chips, while also offering Micro-OLED display backplane and driver products primarily for AR/VR head-mounted devices. The company has secured a leading position in the global market in the Micro-OLED display backplane and driver segment, driven by its outstanding technical capabilities and product performance.
