IPO News | Rumor has it that Dapuwei (301666.SZ) has selected an investment bank for the Hong Kong listing or an IPO as early as next year

The Zhitong Finance App learned that the report quoted people familiar with the matter as saying that Dapuwei (301666.SZ) has selected banks to arrange a second listing in Hong Kong, including CITIC Securities, Haitong, and UBS Group. Dapuwei may launch an IPO as early as next year, or raise billions of dollars, but the final scale of capital raised will still depend on the market value at the time of future listing.

The report quoted sources as revealing that discussions on Dapuwei's potential listing in Hong Kong are still ongoing, and details such as timing and scale may change.

Recently, Dapuwei (301666.SZ) disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating income of 4.722 billion yuan, an increase of 531.17%; net profit attributable to shareholders of listed companies was 1,334 billion yuan, which turned a year-on-year loss into a profit; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1,331 billion yuan, turning a year-on-year loss into a profit; and basic earnings per share of 3.28 yuan.