POCO Submits HKEX Listing Application; Ranked No.1 Globally in Alloy Soft Magnetic Powder Core Market

NewTimeSpace News: Shenzhen POCO New Materials Co., Ltd. (300811.SZ) submitted a listing application to The Stock Exchange of Hong Kong Limited on 8 July 2026, with CITIC Securities appointed as the sole sponsor.

The Company is a globally leading supplier of alloy soft magnetic powder products. Its product portfolio mainly comprises alloy soft magnetic powder cores, AI chip inductors and alloy soft magnetic powder. Alloy soft magnetic powder cores are manufactured from alloy soft magnetic powder and primarily deployed for power conversion. AI chip inductors are fabricated via integrated moulding processes using alloy soft magnetic powder and conductors, mainly serving chip-level power supply for AI computing infrastructure.

Per data from China Insights Consultancy (CIC), the Group is among the few enterprises worldwide boasting vertical integration capabilities covering alloy soft magnetic powder, alloy soft magnetic powder cores and AI chip inductors. Measured by revenue in 2025, the Company secured the top position in the global alloy soft magnetic powder core market with a market share of 27.1%, and ranked fifth globally in the AI chip inductor market, capturing 7.6% market share. Its products have been incorporated into supply chains of leading global AI chip developers and cloud service operators.