Futu Information reported on April 22 that$HUAQIN (03296.HK)$The grey market price rose by 6.82%, reaching HKD 83 per share, with a minimum trading unit of 100 shares. Excluding handling fees, the profit per lot amounts to HKD 530.
Source of Market Data: Futu Securities
Company Overview
Huaqin Technology is a platform-based company specializing in smart products for over two decades. Its smart products integrate core technologies such as artificial intelligence, the Internet of Things, big data, and communication technology while incorporating multiple intelligent functions. Drawing from its extensive experience, the company advances the development and application of products and technologies in the mobile communications, internet, cloud computing, and artificial intelligence eras. It provides global technology companies with smart products covering mobile terminals, computing and data center businesses, AIoT, and innovative business sectors.
According to data from灼识咨询 (CIC), Huaqin Technology is one of the ODM platforms offering the broadest range of smart product categories globally. The company is also the world's only ODM manufacturer to establish a leading market position simultaneously in smartphones, tablets, wearable devices, laptops, and data infrastructure products. Its platform and product capabilities have gained widespread recognition in the global market. As of December 31, 2025, the company’s clientele has included major industry participants such as mobile terminal brands, personal computer brands, cloud service providers, and automobile manufacturers worldwide.
Financial Highlights
In 2023, 2024, and 2025, Huaqin Technology’s revenues reached RMB 85,338.5 million, RMB 109,878.0 million, and RMB 171,436.9 million respectively. In the same periods, the company’s research and development expenditures were RMB 4,547.5 million, RMB 5,155.8 million, and RMB 6,363.5 million, accounting for 5.3%, 4.7%, and 3.7% of total revenue respectively. The company's profits amounted to RMB 2,657.0 million, RMB 2,916.4 million, and RMB 4,131.6 million in 2023, 2024, and 2025 respectively.
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Editor/Deng