On July 31, 2026, Luxvisions Innovation Technology Corp. Limited ("Luxvisions Innovation"), headquartered in Huangpu District, Guangzhou, Guangdong Province, filed a prospectus with the Hong Kong Stock Exchange, proposing a listing on the Hong Kong Main Board. This marks its renewed application following the lapse of its previous submission on November 28, 2025.
Luxvisions Innovation Prospectus Link
Core Business
Founded in 2018, Luxvisions Innovation is a globally leading provider of precision optical solutions, specializing in mid- to high-end optical modules and system integration for global consumer electronics, automotive electronics, smart office applications, and other emerging sectors such as intelligent robotics, XR smart devices, and smart glasses.
Luxvisions Innovation possesses deep expertise in optical design, imaging algorithms, miniaturized packaging, and other innovative domains. The company pioneered and mass-produced the world’s first triple-camera module for smartphones and the industry’s first dual-aperture, dual-focal-length telephoto module featuring a single-lens dual-view switching mechanism. It has been deeply involved in the innovation and iteration of high-end optical modules for global brand manufacturers, continuously advancing the precision optical solutions industry.
According to data from Frost & Sullivan, Luxvisions Innovation is a primary supplier to leading global mid- to high-end smartphone brands and the only precision optical solutions provider worldwide capable of simultaneously serving the two major smartphone ecosystem platforms in the camera module segment.
Luxvisions Innovation supplies products to over 340 customers globally, covering mainstream brand manufacturers across multiple sub-sectors including consumer electronics, automotive electronics, smart office applications, and other emerging fields.
According to data from Frost & Sullivan:
In 2025, by shipment volume, one out of every six notebook computers globally was equipped with a camera module from Luxvisions Innovation.
In 2025, by revenue, Luxvisions Innovation ranked second globally and first among Chinese vendors in the global consumer electronics camera module market. Specifically, it ranked second globally and first among Chinese vendors in the mid- to high-end smartphone camera module segment, and ranked first globally in the notebook and tablet computer camera module segment.
Luxvisions Innovation generates revenue from the sale of products across different business lines: (i) consumer electronics; (ii) automotive electronics; (iii) smart office applications; and (iv) emerging sectors and others. Its primary product offerings include camera modules for smartphones, tablets, notebook computers, and automobiles, as well as LiDAR components.
Shareholding Structure
According to the prospectus, Luxvisions Innovation’s pre-listing shareholder structure in Hong Kong includes
Mr. Wang Laixi, Ms. Wang Laichun, Mr. Wang Laisheng, and Ms. Wang Laijiao act in concert and, through LiJing, hold a 48.06% stake, making them the controlling shareholders;
Other investors include China Life Insurance (Wuxi), Sequoia Jiechen, Harmony爱奇, CITIC Securities, China Mobile, Hillhouse Tiancheng, Yuanfeng Yiguang, CCTV Fund, GF Securities, Shunjing Jishi, Wanzehui, China Merchants Zhiyuan Capital, Guangzhou Suikai, Legend Capital, FNOF, Anhui Railway Development Fund, Shandong Railway Development Fund, CICC, Taikang Insurance, Guangyuan Investment, and 37 Interactive Entertainment.
Directors and Senior Management
The board of directors of LiJing Innovation consists of nine directors, including:
Two executive directors:
Mr. Wang Laixi (Founder and Legal Representative) (younger brother of Ms. Wang Laichun);
Ms. Yu Laifeng (Employee Director and Head of Operations Management Department);
Four non-executive directors:
Ms. Wang Laichun (Chairperson of the Board, Executive Director and General Manager of Luxshare Precision Industry Co., Ltd. (002475.SZ));
Ms. Chen Cuilian (General Manager of Marketing Center, Luxshare Precision Industry);
Mr. Jiang Ge (Managing Director, Shanghai Jinjia Management Consulting);
Ms. Zhang Leidi (General Manager, China Life Equity Investment);
3 Independent Non-Executive Directors:
Ms. Li Xin (Partner, Guangdong Jingde Law Firm);
Dr. Zheng Ying (Associate Professor, School of Management, Sun Yat-sen University);
Mr. Zhang Shaojian (Managing Director and Chairman, Shanghai Yushi Enterprise Management Consulting);
In addition to executive directors, senior management also includes:
Mr. Meng Yan (General Manager);
Mr. Chen Hanyang (Deputy General Manager and Chief Financial Officer);
Mr. Yang Li (Deputy General Manager);
Mr. Zhang Chaojie (Representative for Securities Affairs, Head of the Board Office, and Joint Company Secretary);
Company performance
According to the prospectus, Liking Innovation's revenue for the past periods—2023, 2024, 2025, and the first five months of 2026—was RMB 15.248 billion, RMB 27.914 billion, RMB 34.755 billion, and RMB 13.624 billion, respectively, with corresponding net profits of RMB 588 million, RMB 1.051 billion, RMB 1.690 billion, and RMB 776 million.
Intermediary Team
The main intermediaries for Liking Innovation’s IPO are as follows:
China International Capital Corporation Limited (CICC) and CITIC Securities serve as joint sponsors;
KPMG as its auditor;
Zhong Lun acted as its PRC legal counsel;
Orrick served as its Hong Kong and U.S. legal counsel;
Jingtian & Gongcheng acted as its PRC legal counsel for the securities firm;
Deacons as its Hong Kong legal counsel for the placing agent;
Dahua Jixian serves as its compliance adviser;
Frost & Sullivan served as its industry consultant.