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<IPO>AI Hardware Manufacturer LY ITECH (002600.SZ) Applies for HK IPO
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LY ITECH (002600.SZ), an AI hardware intelligent manufacturing platform listed on the Shenzhen Stock Exchange, recently submitted a listing application to the Hong Kong Stock Exchange, with Guotai Haitong serving as the sole sponsor.

For the nine months ending September 2025, the company recorded revenue of RMB37.59 billion, up 19.3% YoY; and profit grew by over 39.6% to RMB1.966 billion.

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