Longsys Electronics, a China-listed independent memory company, has resubmitted a listing application to the Hong Kong Stock Exchange, seeking a dual listing.
The filing comes as China’s domestic memory supply chain sees a wave of capital market activity. ChangXin Memory Technologies, the country’s leading domestic DRAM (dynamic random access memory) manufacturer, passed the Shanghai Star Market listing committee review in May and is expected to list as early as July. Yangtze Memory Technologies, China’s largest NAND flash memory manufacturer, completed its IPO counseling filing in May, formally starting its listing process.
According to its prospectus, Longsys is the world’s second largest independent memory company and the largest in China. Its revenue reached RMB 22.766 billion (USD 3.4 billion) in 2025, while its A-share market capitalization stood at RMB 220 billion (USD 32.4 billion).
The company owns three brands:
Foresee serves B2B customers and contributed about RMB 9.066 billion (USD 1.3 billion) in revenue in 2025, covering consumer electronics, internet-of-things, automotive electronics, enterprise storage, and other categories.
