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Giantec Semiconductor, Deye Technology, and Yuyantang File for Hong Kong IPO
Giantec Semiconductor, Deye Technology, and Yuyantang have submitted listing applications to the Main Board of the Hong Kong Stock Exchange. Giantec Semiconductor is a high-performance non-volatile memory chip design company, Deye Technology is a global manufacturer of solar and energy storage products, and Yuyantang is a private chain provider of traditional Chinese medicine healthcare services in China. Yonghe Medical expects net profit for the first half of the year to be no less than 70 million yuan, up no less than 150.9 percent year on year, with revenue expected to grow no less than 10.0 percent compared with the same period in 2025. Xipuni expects net profit for the first half to exceed 96 million yuan, up more than 70 percent year on year. Fosun International expects mid-term profit attributable to shareholders of the parent company to be approximately 1.5 billion to 1.8 billion yuan, up about 127 percent to 172 percent year on year.