Unimicron (3037) Board Approves Hong Kong IPO Plan for Subsidiary Suzhou Group-Sense Technology
Unimicron's board approved the plan for its subsidiary, Suzhou Group-Sense Technology, to list on the Hong Kong Stock Exchange and apply for 'Full Circulation' of H-shares. The group will sign required legal documents including procurement framework agreements.
📋 Article Processing Timeline
- 📰 Published: May 25, 2026 at 06:31
- 🔍 Collected: May 25, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 25, 2026 at 06:32 (0 min after Collected)
Announcement Date: 2026/05/24
Stock Code: 3037
Company Name: Unimicron
Subject: Board resolution regarding commitments for the offshore listing of subsidiary Suzhou Group-Sense Technology Co., Ltd.
Details:
1. Board Date: 2026/05/22
2. Subsidiary to be listed: Suzhou Group-Sense Technology Co., Ltd.
3. Relationship: 90.44% owned subsidiary.
4. Materiality: The subsidiary intends to apply for listing on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX). Accordingly, the Company and relevant subsidiaries will submit documents containing commitments to Chinese securities regulators, the HKEX, and intermediaries. The Audit Committee and the Board have assessed that this will have no material adverse impact on the Company's financial, operational, or shareholder interests.
5. Commitments:
- Unimicron: Semi-finished Goods Procurement Framework Agreement, Equipment and Raw Material Procurement Framework Agreement, Deed of Non-Competition, Undertaking pursuant to Rule 10.07 of the Listing Rules, and Controlling Shareholders' Confirmation.
- Indirect Controlling Shareholders: Various commitments including Deed of Non-Competition and Undertaking pursuant to Rule 10.07.
- Suzhou Group-Sense: Various commitments including Issuer's Undertaking (M103), listing filings, Rule 10.08 undertaking, and explanations regarding H-share 'Full Circulation'.
6. Audit Committee Date: 2026/05/22
7. Other Details:
- Unimicron holds 1,322,543,031 shares of Suzhou Group-Sense (90.44%). Of these, 806,155,001 shares (55.13%) are planned for 'Full Circulation' in Hong Kong.
- Following clarifications from legal counsel, the proposal was unanimously approved by the attending directors.
Stock Code: 3037
Company Name: Unimicron
Subject: Board resolution regarding commitments for the offshore listing of subsidiary Suzhou Group-Sense Technology Co., Ltd.
Details:
1. Board Date: 2026/05/22
2. Subsidiary to be listed: Suzhou Group-Sense Technology Co., Ltd.
3. Relationship: 90.44% owned subsidiary.
4. Materiality: The subsidiary intends to apply for listing on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX). Accordingly, the Company and relevant subsidiaries will submit documents containing commitments to Chinese securities regulators, the HKEX, and intermediaries. The Audit Committee and the Board have assessed that this will have no material adverse impact on the Company's financial, operational, or shareholder interests.
5. Commitments:
- Unimicron: Semi-finished Goods Procurement Framework Agreement, Equipment and Raw Material Procurement Framework Agreement, Deed of Non-Competition, Undertaking pursuant to Rule 10.07 of the Listing Rules, and Controlling Shareholders' Confirmation.
- Indirect Controlling Shareholders: Various commitments including Deed of Non-Competition and Undertaking pursuant to Rule 10.07.
- Suzhou Group-Sense: Various commitments including Issuer's Undertaking (M103), listing filings, Rule 10.08 undertaking, and explanations regarding H-share 'Full Circulation'.
6. Audit Committee Date: 2026/05/22
7. Other Details:
- Unimicron holds 1,322,543,031 shares of Suzhou Group-Sense (90.44%). Of these, 806,155,001 shares (55.13%) are planned for 'Full Circulation' in Hong Kong.
- Following clarifications from legal counsel, the proposal was unanimously approved by the attending directors.
FAQ
What is this announcement about?
Unimicron announced that its subsidiary, Suzhou Group-Sense Technology, will apply for listing on the Hong Kong Stock Exchange and for 'Full Circulation' of H-shares.
Why list in Hong Kong?
To secure international funding channels and enhance the capital independence and liquidity of the subsidiary.
What is the next step?
Following board approval for necessary legal documentation, the company will proceed with formal applications to regulatory bodies.