Lingyi iTech Targets Global AI Dominance with Landmark Hong Kong Listing

Founded in 2006 by Zeng Fangqin, the company has transitioned from a component manufacturer into a high-precision platform for AI terminal equipment. This secondary listing provides unhindered access to international institutional investors, including cornerstone backers like KKR, GF Fund Management, and Sunny Optical Capital. These nineteen investors secured approximately 38.59% of the total offering, signaling strong cross-industry confidence in the company's hardware pipeline.

The firm is now realigning its operations around three pillars: Edge AI, Physical AI, and AI infrastructure. With the growth of local AI processing on smartphones and XR wearables, Lingyi iTech is leveraging its thermal management expertise to capture global market share. Simultaneously, its robotics division is scaling the production of embodied intelligence, highlighted by the recent rollout of the Tiangong humanoid robot series at its Beijing facility.

Central to its infrastructure strategy is the subsidiary Dongguan Readore Technology. As high-density server racks outpace traditional air-cooling capabilities, Readore has secured critical vendor status for its liquid cooling solutions. By providing cold plates, manifolds, and quick-disconnect connectors to North American server manufacturers, Lingyi iTech has integrated itself into the supply chain for next-generation computing architectures. This dual-listing acts as a platform to further cement these alliances, transitioning the manufacturer from a domestic powerhouse into an essential node in the international AI ecosystem.