InnoScience Suzhou Technology Holding Co Ltd (Ticker: 2577 HK) is a semiconductor company specializing in Gallium Nitride (GaN) technology. GaN is a wide-bandgap semiconductor material known for its high efficiency, fast switching speeds, and ability to operate at higher voltages and temperatures compared to traditional silicon. It is widely used in power electronics, enabling compact, energy-efficient solutions for consumer electronics, renewable energy systems, automotive electronics, and data centers. As the world's largest Integrated Device Manufacturer (IDM) fully focused on 8-inch GaN-on-Si processes, InnoScience designs and manufactures advanced GaN devices to meet diverse application needs.

InnoScience Suzhou Technology will list on the Hong Kong Stock Exchange on December 30, 2024. The IPO includes 45.36 million shares with an expected price range of HKD 30.86 to HKD 33.66, aiming to raise approximately HKD 1.53 billion (USD 196.50 million). The offering is managed by ABCI Capital Ltd, BOCI Asia Ltd, CLSA Ltd, CMB International Capital Corp Ltd, and China International Capital Corp HK Securities.