Xin Qi Microelectronics will start its IPO on June 17th, with a sale price of HK$240.09-252.73 per share.

Sinco Micro announced that the company plans to globally issue 12.83865 million H shares, with 1.2839 million H shares to be issued in Hong Kong and 11.55475 million H shares to be issued internationally. The IPO will take place from June 17th to June 23rd, with the expected pricing date on June 24th. The offer price for each share will be between 240.09 HKD and 252.73 HKD, and the trading unit for H shares will be 50 shares. CICC will be the sole sponsor. It is expected that the H shares will begin trading on the HKEx on June 26, 2026. Based on this calculation, the company is expected to raise up to 3.24 billion HKD.