HOSIN passes HKEX listing hearing: 0.6% global memory market share in 2025

NewTimeSpace News: HOSIN Electronics Co., LTD. has passed the listing hearing for the Main Board of The Stock Exchange of Hong Kong Limited, as disclosed by HKEX on 20 October 2026, with CSCI acting as sole sponsor. Founded in December 2018, the Company is a memory product manufacturer.

According to the prospectus, citing Frost & Sullivan, in 2025 the Company accounted for a 0.6% revenue share of the entire global memory product market and ranked 12th among all memory manufacturers worldwide. Leveraging four technology platforms covering controller chip design and development, firmware algorithm development, test system development and memory media characterisation, it develops, manufactures and sells memory solutions, with wafers mainly outsourced to third-party wafer foundries and assembly, packaging and testing outsourced to third-party OSAT providers.

The prospectus stated that the Company's products mainly comprise embedded memory (eMMC, UFS, ePOP and uMCP), SATA and PCIe series solid state drives, DRAM products (DDR and LPDDR), mobile storage products (USB flash drives and SD/microSD memory cards) and memory die products (NAND Flash and DRAM wafers and dies). It turned around from a net loss of RMB117.5 million in 2023 to a net profit of RMB482.9 million in 2024 and RMB1,363.9 million in 2025, up 182.5% year on year. Net profit for the four months ended 30 April 2026 reached RMB3,840.6 million, up 3,020.8% from RMB123.1 million in the same period of 2025.