KUXIN MICROELECTRONICS HKEX IPO Application Lapsed, Ranked No.2 in China for AR Glass Visual Processing AI SoC

NewTimeSpace · 2026/07/28 09:56 · By Zehong Cheng

NewTimeSpace News: The Hong Kong listing application of Hefei Kuxin Microelectronics Co., Ltd., submitted on 28 January 2026, has lapsed upon the expiry of the six-month validity period. Huatai International acted as the original sole sponsor. The Company is a leading supplier of visual processing AI SoC in China. Measured by 2024 revenue, it ranks third in the UAV visual processing AI SoC market, second in the AR glass visual processing AI SoC market, and eighth in the overall visual processing AI SoC market.

NewTimeSpace News: The listing application submitted by Hefei Kuxin Microelectronics Co., Ltd. to the Hong Kong Stock Exchange on 28 January 2026 has lapsed upon the expiry of the six-month validity period. Huatai International served as the original sole sponsor.

The Company is a leading supplier of visual processing AI SoC in China. Adopting a fabless business model, it focuses on the R&D, design and sales of AI SoC products and solutions, and provides integrated solutions centred on visual processing AI SoCs and wireless video transmission SoCs. Its products can be seamlessly integrated into unmanned aerial vehicles, smart IoT and smart wearable devices.

Based on sales revenue in 2024, the Company ranks eighth with a 1.3% market share in the fragmented market for visual processing AI SoCs and solutions, third in the market for UAV visual processing AI SoCs and solutions, and second in the market for AR glass visual processing AI SoCs and solutions.

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Kuxin Microelectronics IPO IPO application lapsed