HONG KONG SAR - Media OutReach Newswire - 3 September 2025 - Luxshare Precision (002475.SZ) released its 2025 Interim Report at the end of last month. Under the complex and ever-changing global economic environment, the company still maintained a steady growth. The report shows that the company achieved growth in both revenue and profit in the first half of the year: operating income reached RMB 124.503 billion, a year-on-year increase of 20.18%; net profit attributable to shareholders reached RMB 6.644 billion, a year-on-year increase of 23.13%; basic earnings per share were RMB 0.92. Luxshare Precision also issued a performance forecast for the third quarter of 2025, anticipating a 20%-25% year-on-year increase in net profit for the first three quarters of the year. The report stated that the company will accelerate its diversified business strategy deployment, continuously increasing R&D investment and market penetration in cutting-edge fields such as AI intelligent terminals, optoelectronic high-speed interconnection products, and automotive intelligent electronics.
The three major business sectors grew in coordination, all achieving year-on-year increases.
Nowadays, Luxshare Precision has established a strategic framework for the coordinated development of its three major business segments: Consumer Electronics, Communications and Data Center, and Automotive Electronics.
The consumer electronics segment, serving as the company's revenue foundation, performed steadily. It achieved income of RMB 97.799 billion in the first half of 2025, a year-on-year increase of 14.32%. As the consumer electronics industry enters a new innovation cycle driven by AI, Luxshare Precision has successfully introduced multiple new product projects and continues to deepen cooperation with customers in emerging fields, such as AR/VR, consumer-grade 3D printing and robotics. On July 19, the Luxshare Robotics Headquarters Base project commenced construction, aiming to put into operation by the end of 2025. Once fully operational, it is expected to generate an annual output value of RMB 10 billion.
The communications and data center sector achieved revenue of RMB 11.098 billion in the first half, a year-on-year increase of 48.65%. The company possesses deep technological accumulation in data centers, providing customers with products and services ranging from high-speed copper cable interconnection (DAC/ACC, etc.), high-speed backplane connectors to high-speed optical modules, and integrated "copper, optical, electrical, thermal" solutions. Currently, multiple high-speed, high-value-added products from Luxshare Precision are being delivered in batches.
The automotive electronics also performed well, achieving income of RMB 8.658 billion, a significant year-on-year increase of 82.07%. The Tier 1 automotive business has gained recognition from multiple global mainstream automakers. Currently, the automotive business is in a rapid development phase, having established vertical integration capabilities from key automotive components to functional modules and system integration. Its product portfolio continues to enrich, and the customer base is continuously expanding.
Strategic acquisitions of two companies in the first half of the year to enhance diversified deployment
In the first half of the year, through a series of strategic acquisitions, Luxshare Precision continued to strengthen its technological capabilities and market position. At the beginning of the year, Luxshare Precision announced the acquisition of all shares in certain subsidiaries of Wingtech Technology. Through this acquisition, Luxshare Precision can expand its ODM scale and competitiveness. Leveraging Wingtech's over 20% market share in the global mobile phone ODM market, it can provide vertical integrated ODM services to leading downstream brands, such as Samsung and Xiaomi. In July, Luxshare Precision's Singapore subsidiary completed the acquisition of a 50.1% stake in Leoni AG，the century-old German automotive wiring harness company. Along with 100% ownership of its wholly-owned subsidiary Leoni K. Leoni's global production bases will provide localized production capacity support, enabling Luxshare Precision to effectively enter the supply chains of global top-tier automakers.
Submitting Hong Kong IPO application to ride the tailwind of international capital markets
Notably, Luxshare Precision officially submitted a listing application to the Hong Kong Stock Exchange on August 18, 2025, marking a key step in its international strategic expansion. The Hong Kong IPO is expected to enable the company leverage the power of international capital markets to further enhance its global production capacity layout.
According to Frost & Sullivan, Luxshare Precision ranks fourth globally and first in mainland China in the Precision Intelligent Manufacturing Solutions (PIMS) industry, with leading positions in all its major business sectors, including Consumer Electronics, Automotive Electronics, and Communications & Data Centers. Among global PIMS providers, Luxshare Precision possesses the most comprehensive and diversified product portfolio. Through its continuous outstanding performance, the company was awarded "Fortune Global 500" for three consecutive years from 2023 to 2025. The company plans to use the raised funds to expand production capacity and upgrade existing production bases, invest in technological R&D, and high-quality targets in upstream/downstream or related industries. As globalization and intelligent transformation continue to advance, Luxshare Precision is expected to create greater value for global customers through multiple business sectors and global operations.
Hashtag: #LuxsharePrecision
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HONG KONG SAR - Media OutReach Newswire - 1 June 2026 - The Hong Kong University of Science and Technology (HKUST) today announced the appointment of internationally renowned physician-scientist Prof. LI King-Chuen as the Founding Dean of its School of Medicine, effective June 1, 2026.
HKUST announced the appointment of internationally renowned physician-scientist Prof. LI King-Chuen as the Founding Dean of its School of Medicine. Prof. Nancy IP, President of HKUST (second left); Ms. Edith SHIH, Vice-Chairperson of the University Council and Chair of the Search Committee (second right); Prof. Li King-Chuen (center); Prof. Hong-Kam LO, Dean of Engineering (first right); and Prof. Yung-Hou WONG, Dean of Science (first left) met with the media.
Following a rigorous global search, Prof. Li was selected for his exceptional track record in academic leadership, medical education, and biomedical innovation, as well as his unique experience in founding a new medical school.
Prof. Li previously served as Founding Dean of the Carle Illinois College of Medicine at the University of Illinois Urbana-Champaign (UIUC) from 2016 to 2021—one of the world's pioneering engineering-based medical schools. During his tenure, he played a pivotal role in developing a technology-oriented curriculum, recruiting founding faculty, and building academic-clinical partnerships. Under his leadership, the College's early graduating cohorts achieved a 100% pass rate in licensing examinations, reflecting the outstanding quality and rigorous standards of the programme.
An internationally distinguished physician-scientist and biomedical innovator, Prof. Li currently holds the titles of Dean Emeritus and Professor Emeritus at the Carle Illinois College of Medicine, as well as Adjunct Professor of Radiology at Stanford University School of Medicine. His career spans leading institutions including Stanford University, the U.S. National Institutes of Health, Weill Cornell Medical College, Wake Forest School of Medicine, and UIUC. He holds a Doctor of Medicine (with Honours) from the University of Toronto and an MBA from San José State University.
Prof. Li's appointment comes at a pivotal moment as HKUST advances its plans to establish a new School of Medicine. The School will offer a four-year graduate-entry MBBS programme, with its inaugural cohort expected to commence in the 2028/29 academic year.
His experience aligns closely with HKUST's vision to develop a future-ready medical school that integrates clinical excellence with engineering, data science, and emerging technologies. His proven approach to training physician-innovators—combining strong clinical foundations with interdisciplinary expertise—will provide a robust foundation for the School's development, while being adapted to HKUST's unique strengths in science and technology.
Known for his commitment to interdisciplinary collaboration, Prof. Li has consistently bridged fields such as radiology, bioengineering, computer science, and nanotechnology—an approach that will be instrumental in shaping HKUST's innovative model of medical education.
Beyond medical education, Prof. Li is a highly accomplished innovator. He is a Fellow of the US National Academy of Inventors and has received the Gold Medal of the Association of University Radiologists. He is also a Fellow of several leading professional bodies, including the American College of Radiology, the American Institute for Medical and Biological Engineering, and the International Society for Magnetic Resonance in Medicine. He holds 20 issued patents across the United States, Australia, and Europe, and has founded a company based on his translational research.
Prof. Harry SHUM, Chairman of HKUST Council, said, "I would like to extend my warmest welcome to Prof. Li on his appointment as our Founding Dean of the School of Medicine. His proven expertise and experience are invaluable to the University as we plan to develop a distinctive model of medical education for the future. We have full confidence in his exceptional leadership in spearheading our medical school, which is one of the most significant undertakings in HKUST's 35‑year history. The Council is committed to giving its support to ensure the success of the School."
Prof. Nancy IP, President of HKUST, said, "Prof. Li brings a rare combination of founding dean experience, academic excellence, and a forward-looking vision for technology-driven medical education. His leadership will be central to building a medical school that is globally competitive, locally relevant, and impactful for Hong Kong and the wider region. We warmly welcome Prof. Li to the University and look forward to his leadership in the establishment of the HKUST School of Medicine, as well as in shaping a new generation of medical professionals and advancing innovation in healthcare. I also extend our sincere appreciation to the Search Committee, chaired by Ms. Edith SHIH (Vice-Chairperson of the Council), and its members including Prof. FOK Tai-Fai and Prof. Raymond LIANG for their dedication and diligence in completing this important international recruitment process."
Prof. King Li, Founding Dean of the School of Medicine, said,"I am deeply honoured to be appointed as the Founding Dean of HKUST's new School of Medicine. Returning to Hong Kong—where my roots are—to take on this role at HKUST and having the chance to give back through the place I grew up, is deeply meaningful to me. HKUST has a remarkable track record of turning bold visions into reality, and I am excited to build a medical school that reimagines physician training through the integration of engineering, data science, and biomedical innovation. Drawing on my experience and working closely with our partners in Hong Kong and the Greater Bay Area, I look forward to nurturing a new generation of physician-innovators who will transform healthcare for the benefit of patients and society."
Born and raised in Hong Kong, Prof. Li brings with him a strong personal commitment to advancing Hong Kong as an international hub for medical education and innovation. He has long-standing ties with the local academic and medical communities.
The University community is expected to provide its full support to Prof. Li as he expands partnerships with teaching hospitals, the government, industry, and the global medical community, and further strengthens connections with the Greater Bay Area and other regions.
Hashtag: #HKUST
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About The Hong Kong University of Science and Technology
The Hong Kong University of Science and Technology (HKUST) (https://hkust.edu.hk/) is a world-class university known for its innovative education, research excellence, and impactful knowledge transfer. With a holistic and interdisciplinary pedagogy approach, HKUST was ranked 6th in the QS Asia University Rankings 2026, 3rd in the Times Higher Education's Young University Rankings 2024, and 19th globally and 1st in Hong Kong in the Times Higher Education's Impact Rankings 2025. Eleven HKUST subjects were ranked among the world's top 50 in the QS World University Rankings by Subject 2026. In addition, in the Times Higher Education World University Rankings by Subject 2026, HKUST's Computer Science discipline which encompasses areas such as artificial intelligence and machine learning, has been ranked No. 1 in Hong Kong for ten consecutive years. Our graduates are highly competitive, consistently ranking among the world's top 30 most sought-after employees. In terms of research and entrepreneurship, over 80% of our work was rated "internationally excellent" or "world leading" in the Research Assessment Exercise 2020 of the Hong Kong's University Grants Committee. As of May 2026, HKUST members have founded over 1,900 active start-ups, including 11 Unicorns and 22 exits (IPO or M&A).
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